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State Bank of India IFSC Code SBIN0002421

HomeIFSC CodesState Bank of IndiaSBIN0002421

State Bank of India – MODEL TOWN, PANIPAT

IFSC Code: SBIN0002421

MICR Code: 132002004

Branch: MODEL TOWN, PANIPAT

Bank: State Bank of India

Address: 48,MODEL TOWN,PANIPAT,PANIPAT DISTPANIPAT,HARYANA 132103

District: PANIPAT

State: HARYANA

Contact:

Indian Financial System Code (IFSC): SBIN0002421

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 002421. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 132002004

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.

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