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 Sri Kalahasteswara Institute Of Technology Ranga Reddy Branch IFSC/MICR Code Details
Bank Name STATE BANK OF INDIA
Address SKIT CAMPUS, SRIKALAHASTI ,CHITTOOR, A P
State ANDHRA PRADESH
District RANGA REDDY
Branch SRI KALAHASTESWARA INSTITUTE OF TECHNOLOGY
IFSC Code SBIN0010619
Branch Code 010619 (Last six characters of IFSC code represent Branch code.)
MICR Code 517002039
Contact Phone 0
via https://bankingzone.in/ifsc

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