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 Kushalnagar Madikeri Branch IFSC/MICR Code Details
Bank Name STATE BANK OF INDIA
Address SL. NO. 54 BY 2A,2ND BLOCK,B M ROAD,KUSHALNAGAR,KODAGU DIST,KARNATAKA 571234
State KARNATAKA
District KODAGU
Branch KUSHALNAGAR
IFSC Code SBIN0013342
Branch Code 013342 (Last six characters of IFSC code represent Branch code.)
MICR Code 571002521
Contact Phone 0
via https://bankingzone.in/ifsc

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