State Bank of India IFSC Code SBIN0010042

State Bank of India – RETAIL ASSETS CENTRAL PROCESSING CENTRE (RACPC), COIMBATORE

IFSC Code: SBIN0010042

MICR Code: 641002123

Branch: RETAIL ASSETS CENTRAL PROCESSING CENTRE (RACPC), COIMBATORE

Bank: State Bank of India

Address: KURINJI COMPLEX,STATE BANK ROAD,COIMBATORE

District: COIMBATORE

State: TAMIL NADU

Contact:

Indian Financial System Code (IFSC): SBIN0010042

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 010042. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 641002123

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.