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State Bank of India IFSC Code SBIN0005088

Home IFSC CodesIndiaState Bank of IndiaSBIN0005088

State Bank of India – PALM BEACH ROAD, NERUL

IFSC Code: SBIN0005088

MICR Code: 400002160

Branch: PALM BEACH ROAD, NERUL

Bank: State Bank of India

Address: FF 1 ANDFF 2 NEIGHBORHOOD SHOPPING COMPLEX SECTOR 4 NERUL DISTT THANE MAHARASHTRA 400706

District: GREATER BOMBAY

State: MAHARASHTRA

Contact:

Indian Financial System Code (IFSC): SBIN0005088

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 005088. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 400002160

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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