State Bank of India SHIVAR IFSC Code, MICR Code - Akola, Maharashtra

State Bank of India SHIVAR Branch IFSC Code, MICR Code (Akola, Maharashtra). IFSC code is used for NEFT, IMPS and RTGS Transactions.

IFSC Code, MICR Code of State Bank of India SHIVAR - Akola, Maharashtra

IFSC Code:SBIN0016093
MICR Code:444002329
Branch Code:016093 (Last six characters of IFSC Code represent Branch code)
Address:SUNDER NEST , SHIONI KUMBHARI RD, BEHIND TATA PETROL PUMP AT SHIONO, TAL DIST AKOLA, MAHARASHTRA 444104
Branch:SHIVAR
City:SHIVAR
District:Akola
State:Maharashtra
Contact No.:

Report Error

Disclaimer: The information in this site is intended solely for information purpose only. While we have taken every precaution to insure that the content of this site is both current and accurate, errors can occur. Author is not responsible for any loss and/or damage that may arise or is incurred by use of such information. Any action you take upon the information on this website is strictly at your own risk.

State Bank of India IFSC Code is SBIN0016093, MICR Code is 444002329, Branch Code is 016093 which is last six characters of IFSC Code, Branch name is SHIVAR located in SUNDER NEST , SHIONI KUMBHARI RD, BEHIND TATA PETROL PUMP AT SHIONO, TAL DIST AKOLA, MAHARASHTRA 444104, SHIVAR, Akola, Maharashtra, Contact no. is (No. not provided). IFSC code is used for NEFT, IMPS and RTGS Transactions.

Other State Bank of India Branches at Akola, Maharashtra

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

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.