State Bank of India ASHOKNAGAR IFSC Code, MICR Code, Contact No. - Medak, Andhra Pradesh

State Bank of India ASHOKNAGAR Branch IFSC Code, MICR Code (Medak, Andhra Pradesh). IFSC code is used for NEFT, IMPS and RTGS Transactions.

IFSC Code, MICR Code, Contact No. of State Bank of India ASHOKNAGAR - Medak, Andhra Pradesh

IFSC Code:SBIN0018640
MICR Code:502002503
Branch Code:018640 (Last six characters of IFSC Code represent Branch code)
Address:KANUKUNTA,ASHOKNAGAR,RCPURAM MANADAL, DISTT.MEDAK. ANDHRA PRADESH-502032
Branch:ASHOKNAGAR
City:RAMACHANDRAPURAM
District:Medak
State:Andhra Pradesh
Contact No.:8096900029

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State Bank of India IFSC Code is SBIN0018640, MICR Code is 502002503, Branch Code is 018640 which is last six characters of IFSC Code, Branch name is ASHOKNAGAR located in KANUKUNTA,ASHOKNAGAR,RCPURAM MANADAL, DISTT.MEDAK. ANDHRA PRADESH-502032, RAMACHANDRAPURAM, Medak, Andhra Pradesh, Contact no. is 8096900029. IFSC code is used for NEFT, IMPS and RTGS Transactions.

Other State Bank of India Branches at Medak, Andhra Pradesh

Select branch to view IFSC Code, MICR Code, Contact No. and Address

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What is IFSC Code?

IFSC code is an alphanumeric code stands for Indian Financial System Code, which is uniquely assigned to each bank branch for the main three payment and settlement systems in India:

  1. National Electronic Funds Transfer (NEFT)
  2. Real Time Gross Settlement (RTGS)
  3. Immediate Payment Service (IMPS)

IFSC code is represented by 11 digit character, the first 4 characters of the IFSC code represent the name of the bank, the fifth character is 0 reserved for future use, the last 6 numbers represent the branch code of the bank. The very common use of the IFSC Code is to transfer fund using Internet Banking.


What is MICR Code?

MICR code is short for Magnetic Ink Character Recognition Code is a 9-digit code that identifies the city, bank, and branch, which is found at the bottom of the cheque. With a special machine, MICR codes help faster processing of cheques. MICR code is consists of 3 parts:

  1. The first 3 digits represent the city code, this code is aligned with the PIN code we use for a postal address in India.
  2. The next 3 digits represent the bank code.
  3. The last 3 digits represent the branch code.