What is an IFSC code?


Indian Financial System Code (IFSC). It is used for electronic payment applications like Real Time Gross Settlement (RTGS), National Electronic Funds Transfer (NEFT), Immediate Payment Service, an interbank electronic instant mobile money transfer service (IMPS), and Centralised Funds Management System (CFMS) developed by Reserve Bank of India (RBI). The code has eleven characters "Alpha Numeric" in nature. First four characters represent bank, fifth character is default "0" left for future use and last six characters represent branch.

What is a MICR code?
MICR Code: Magnetic Ink Character Recognition as printed on cheque book to facilitate the processing of cheques.

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State Bank Of India Etukur Road Guntur Branch IFSC/MICR Code Details
Bank Name STATE BANK OF INDIA
Address 9830BRINDAVANENCLAVEETKURROADMAINRDGUNTUR
State ANDHRA PRADESH
District GUNTUR
Branch ETUKUR ROAD
IFSC Code SBIN0021154
Branch Code 021154 (Last six characters of IFSC code represent Branch code.)
MICR Code WAITING
Contact Phone 221222
via https://bankingzone.in/ifsc

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