State Bank of India BEML NAGAR IFSC Code, MICR Code, Contact No. - Kolar, Karnataka

State Bank of India BEML NAGAR Branch IFSC Code, MICR Code (Kolar, Karnataka). IFSC code is used for NEFT, IMPS and RTGS Transactions.

IFSC Code, MICR Code, Contact No. of State Bank of India BEML NAGAR - Kolar, Karnataka

IFSC Code:SBIN0040168
MICR Code:563002505
Branch Code:040168 (Last six characters of IFSC Code represent Branch code)
Address:KOLAR GOLD FIELDS,KOLAR,KARNATAKA, 563 115
Branch:BEML NAGAR
City:KOLAR GOLD FIELDS
District:Kolar
State:Karnataka
Contact No.:8153-263100

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State Bank of India IFSC Code is SBIN0040168, MICR Code is 563002505, Branch Code is 040168 which is last six characters of IFSC Code, Branch name is BEML NAGAR located in KOLAR GOLD FIELDS,KOLAR,KARNATAKA, 563 115, KOLAR GOLD FIELDS, Kolar, Karnataka, Contact no. is 8153-263100. IFSC code is used for NEFT, IMPS and RTGS Transactions.

Other State Bank of India Branches at Kolar, Karnataka

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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.