State Bank of India MALHARPETH IFSC Code, MICR Code, Contact No. - Satara, Maharashtra

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

IFSC Code, MICR Code, Contact No. of State Bank of India MALHARPETH - Satara, Maharashtra

IFSC Code:SBIN0018274
MICR Code:415002505
Branch Code:018274 (Last six characters of IFSC Code represent Branch code)
Address:MALHARPETH, KOYNA KRKUSHAK SEVA SAH S LTD, MALHARPET,TAL PATAN, DIST SATARA, MAHARASTRA 415205
Branch:MALHARPETH
City:MALHAR PETH
District:Satara
State:Maharashtra
Contact No.:7875559407

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State Bank of India IFSC Code is SBIN0018274, MICR Code is 415002505, Branch Code is 018274 which is last six characters of IFSC Code, Branch name is MALHARPETH located in MALHARPETH, KOYNA KRKUSHAK SEVA SAH S LTD, MALHARPET,TAL PATAN, DIST SATARA, MAHARASTRA 415205, MALHAR PETH, Satara, Maharashtra, Contact no. is 7875559407. IFSC code is used for NEFT, IMPS and RTGS Transactions.

Other State Bank of India Branches at Satara, 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.