State Bank of India MARATHWADA IFSC Code, MICR Code, Contact No. - Aurangabad, Maharashtra

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

IFSC Code, MICR Code, Contact No. of State Bank of India MARATHWADA - Aurangabad, Maharashtra

IFSC Code:SBIN0020906
MICR Code:431002040
Branch Code:020906 (Last six characters of IFSC Code represent Branch code)
Address:AAHAASAHIYAPAISHABSOUIACOLONYNEAPAIHANGAEAUANGABA
Branch:MARATHWADA
City:AURANGABAD
District:Aurangabad
State:Maharashtra
Contact No.:240-2320719

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State Bank of India IFSC Code is SBIN0020906, MICR Code is 431002040, Branch Code is 020906 which is last six characters of IFSC Code, Branch name is MARATHWADA located in AAHAASAHIYAPAISHABSOUIACOLONYNEAPAIHANGAEAUANGABA, AURANGABAD, Aurangabad, Maharashtra, Contact no. is 240-2320719. IFSC code is used for NEFT, IMPS and RTGS Transactions.

Other State Bank of India Branches at Aurangabad, Maharashtra

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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.