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State Bank of India IFSC Code SBIN0016057

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IFSC Code: SBIN0016057

MICR Code: 387002057

SWIFT Code:

Branch: S.T.NAGAR KAPDADWANJ ROAD NADIAD

Bank: State Bank of India

Address: NEAR FIRST CHOICE CNG PETROL PUMP, OPP. DISTRICT COURT, S.T.NAGAR, KAPADWANJ ROAD, NADIAD, DIST. KHEDA, GUJARAT 387001

District: KHEDA

State: GUJARAT

Contact:

Indian Financial System Code (IFSC): SBIN0016057

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 016057. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 387002057

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.

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