State Bank of India IFSC Code SBIN0041124

IFSC Code: SBIN0041124

MICR Code: 560011073

SWIFT Code:

Branch: STATE BANK INSTITUTE OF LEARNING AND DEVELOPMENT,JAKKUR, BANGALORE

Bank: State Bank of India

Address: PLOT NO.112, WARD NO.7, NEAR TO JAKKUR FLYING CLUB, JAKKUR MAIN ROAD, JAKKUR, BANGALORE 560064

District: BANGLORE

State: KARNATAKA

Contact: +919148601001

Indian Financial System Code (IFSC): SBIN0041124

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 041124. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 560011073

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.