State Bank of India SBILD, INDORE

State Bank of India – SBILD, INDORE

IFSC Code: SBIN0004963

MICR Code: 452002137

Branch: SBILD, INDORE

Bank: State Bank of India

Address: STATE BANK INSTITUTE OF LEARNING AND DEVELOPMENT,13,MANIK BAGH ROAD,NEAR DIGAMBAR SCHOOL,INDORE – 452014

District: INDORE

State: MADHYA PRADESH

Contact: +919987280214

Indian Financial System Code (IFSC): SBIN0004963

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 004963. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 452002137

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.