State Bank of India IFSC Code SBIN0060172

IFSC Code: SBIN0060172

MICR Code: 360002016

SWIFT Code:

Branch: RAJKOT, KARANPARA

Bank: State Bank of India

Address: POONAM APARTMENT,KARANSINHJI ROAD,POST BOX NO 12,RAJKOT 360001

District: RAJKOT

State: GUJARAT

Contact:

Indian Financial System Code (IFSC): SBIN0060172

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 060172. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 360002016

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.