State Bank of India IFSC Code SBIN0016535

IFSC Code: SBIN0016535

MICR Code: 416002999

SWIFT Code:

Branch: TALE BAZAR

Bank: State Bank of India

Address: AT AND POST TALE BAZAR, DEVGAD ROAD, TALUKA DEVGAD, DISTT.SINDHUDURG. MAHARASHTRA 416611

District: SINDHUDURG

State: MAHARASHTRA

Contact:

Indian Financial System Code (IFSC): SBIN0016535

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 016535. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 416002999

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.