State Bank of India IFSC Code SBIN0016897

IFSC Code: SBIN0016897

MICR Code: 500002213

SWIFT Code:

Branch: MOGHALPURA

Bank: State Bank of India

Address: MOGHALPURA, H.NO. 23 1 709 710, MAKKAH COPLEX, FIRE STATION ROAD, MOGHALPURA, HYDEARABAD, DISTT.HYDERABAD. ANDHRA PRADESH 500002

District: HYDERABAD

State: ANDHRA PRADESH

Contact:

Indian Financial System Code (IFSC): SBIN0016897

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 016897. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 500002213

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.