State Bank of India IFSC Code SBIN0016480

IFSC Code: SBIN0016480

MICR Code: 364002347

SWIFT Code:

Branch: NESVAD

Bank: State Bank of India

Address: PLOT NO.3A,MAHUVA NESVAD ROAD , OPP.ASHOK NAGAR , VILLAGE NESVAD, TEHCIL MAHUVA, DISTT. BHAVNAGAR. GUJARAT 364290

District: BHAVNAGAR

State: GUJARAT

Contact:

Indian Financial System Code (IFSC): SBIN0016480

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 016480. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 364002347

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.