State Bank of India IFSC Code SBIN0032341

IFSC Code: SBIN0032341

MICR Code: 301002056

SWIFT Code:

Branch: SHAKATPUR BAWAD

Bank: State Bank of India

Address: NEAR OLD THAKUR MANDIR KHAIRWAL MOHALLA VILLAGE BAWAD SHAKATPUR TEHSIL MUNDAWAR PIN 301706

District: ALWAR

State: RAJASTHAN

Contact: +918058844086

Indian Financial System Code (IFSC): SBIN0032341

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 032341. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 301002056

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.