State Bank of India IFSC Code SBIN0070092

IFSC Code: SBIN0070092

MICR Code: 690002906

SWIFT Code:

Branch: PAYIPAD

Bank: State Bank of India

Address: PBNO1,VIRUPILBUILDINGS,PAYIPADPO690556PAYIPADATSBTCOIN

District: ALAPUZZHA

State: KERALA

Contact: +914792319612

Indian Financial System Code (IFSC): SBIN0070092

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 070092. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 690002906

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.