State Bank of India IFSC Code SBIN0001529

State Bank of India – MOHAN NAGAR, AMRITSAR

IFSC Code: SBIN0001529

MICR Code: 143002007

Branch: MOHAN NAGAR, AMRITSAR

Bank: State Bank of India

Address: 253 MOHANNAGAR INDUSTRIAL AREA DIST AMRITSAR, PUNJAB 143001

District: AMRITSAR

State: PUNJAB

Contact:

Indian Financial System Code (IFSC): SBIN0001529

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 001529. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 143002007

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.