State Bank of India IFSC Code SBIN0018850

IFSC Code: SBIN0018850

MICR Code: 530002304

SWIFT Code:

Branch: PANTULUGARIMEDA, VISAKHAPATNAM

Bank: State Bank of India

Address: NEAR ELECTRICAL SUBSTATION, OLD GAJUWAKA, PANTULUGARIMEDA, DISTT.VISAKHAPATNAM. ANDHRA PRADESH-530026

District: VISAKHAPATNAM

State: ANDHRA PRADESH

Contact: +919948428881

Indian Financial System Code (IFSC): SBIN0018850

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 018850. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 530002304

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.