State Bank of India NELAMANGALA

IFSC Code: SBIN0021603

MICR Code: 502002531

SWIFT Code:

Branch: NELAMANGALA

Bank: State Bank of India

Address: HNO 93 1 BUDHERA MANDALNH NO 9 BUDHERA X ROADSMEDAK DIST ANDHRA PRADESH

District: BANGALORE RURAL

State: KARNATAKA

Contact: +918455250405

Indian Financial System Code (IFSC): SBIN0021603

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 021603. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 502002531

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.