State Bank of India – SME CITY CREDIT CENTRE, CHANDIGARH
IFSC Code: SBIN0005022
MICR Code: 160002094
Branch: SME CITY CREDIT CENTRE, CHANDIGARH
Bank: State Bank of India
Address: DISTCHANDIGARH STATE CHANDIGARH PIN160017
District: CHENNAI
State: CHANDIGARH
Contact:
Indian Financial System Code (IFSC): SBIN0005022
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 005022. The last six characters denote the specific bank branch.
MICR Code (Magnetic Ink Character Recognition): 160002094
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.