State Bank of India IFSC Code SBIN0040382

IFSC Code: SBIN0040382

MICR Code: 584002030

SWIFT Code:

Branch: RAICHUR

Bank: State Bank of India

Address: 11 1 90 BY 1 AND 3 BRESTHEWARPET RAICHUR

District: RAICHUR

State: KARNATAKA

Contact: +918532231620

Indian Financial System Code (IFSC): SBIN0040382

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 040382. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 584002030

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.