State Bank of India PILERU BAZAR

IFSC Code: SBIN0016428

MICR Code: 517002094

SWIFT Code:

Branch: PILERU BAZAR

Bank: State Bank of India

Address: D NO 3 653/1, L B S ROAD,AJANTHAMITTA,PILERU 517214, CHITTOOR DISTRICT. ANDHRA PRADESH 517214

District: CHITTOOR

State: ANDHRA PRADESH

Contact:

Indian Financial System Code (IFSC): SBIN0016428

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 016428. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 517002094

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.