State Bank of India IFSC Code SBIN0062859

IFSC Code: SBIN0062859

MICR Code: 834002081

SWIFT Code:

Branch: RACC RANCHI RURAL

Bank: State Bank of India

Address: STATE BANK OF INDIA, REGIONAL BUSINESS OFFICE, NEW COLLECTORATE BUILDING, 5TH FLOOR, COURT COMPOUND, RANCHI 834001

District: RANCHI RURAL

State: JHARKHAND

Contact: +916122209052

Indian Financial System Code (IFSC): SBIN0062859

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 062859. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 834002081

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.