State Bank of India IFSC Code SBIN0040946

IFSC Code: SBIN0040946

MICR Code: 577002015

SWIFT Code:

Branch: SARSWATHI NAGAR

Bank: State Bank of India

Address: SARSWATHI NAGAR BADAVANE DURGAMBIKA SCHOOL ROAD DAVANGERE

District: DAVANGERE

State: KARNATAKA

Contact: +918192262283

Indian Financial System Code (IFSC): SBIN0040946

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 040946. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 577002015

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.