State Bank of India IFSC Code SBIN0010621

IFSC Code: SBIN0010621

MICR Code: 500002098

Branch: MILITARY COLLEGE OF ELECTRONICS & MECH. ENGG. (MCEME)

Bank: State Bank of India

Address: LAL BAZAR, BEHIND MCEME LIBRARY, TRIMULGHERRY, SECUNDERABAD, A P 500015

District: HYDERABAD URBAN

State: ANDHRA PRADESH

Contact:

Indian Financial System Code (IFSC): SBIN0010621

The IFSC is an 11-character alphanumeric code used to identify bank branches in India for electronic payment systems such as RTGS, NEFT, IMPS, and CFMS (managed by the Reserve Bank of India).

• The first four characters represent the bank name.
• The fifth character is always ‘0’ and is reserved for future use.
• Branch Code 010621. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 500002098

The MICR code is a unique code printed on cheques using magnetic ink. It helps in the secure and faster processing and clearance of cheques by identifying the bank and branch.