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 Rajau Paraspur Bareilly Branch IFSC/MICR Code Details
Bank Name STATE BANK OF INDIA
Address VILL. P.O. RAJAU PARASPUR, TEHSIL FARIDPUR,DISTT. BAREILLY.UTTAR PRADESH 243123
State UTTAR PRADESH
District BAREILLY
Branch RAJAU PARASPUR
IFSC Code SBIN0016455
Branch Code 016455 (Last six characters of IFSC code represent Branch code.)
MICR Code NA
Contact Phone 0
via https://bankingzone.in/ifsc

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