State Bank of India IFSC Code SBIN0018798

IFSC Code: SBIN0018798

MICR Code: 462002104

SWIFT Code:

Branch: PBB LALGHATI, BHOPAL

Bank: State Bank of India

Address: JANKI NAGAR,GUFA MANDIR ROAD, LALGHATI,BHOPAL,DISTT.BHOPAL, MADHYA PRADESH-462030

District: BHOPAL

State: MADHYA PRADESH

Contact: +919826383673

Indian Financial System Code (IFSC): SBIN0018798

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 018798. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 462002104

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.