State Bank of India IFSC Code SBIN0016044

IFSC Code: SBIN0016044

MICR Code: 390002093

SWIFT Code:

Branch: RAJESH TOWER ROAD

Bank: State Bank of India

Address: GROUND FLOOR. RAJESH TOWER BUILDING, NEAR HARI NAGAR CHAR RASTA, BARODA 390007

District: BARODA

State: GUJARAT

Contact:

Indian Financial System Code (IFSC): SBIN0016044

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 016044. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 390002093

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.