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 Sikhlite Infantry Muzaffar Nagar Branch IFSC/MICR Code Details
Bank Name STATE BANK OF INDIA
Address FATEGARH UTTARPRADESH 209002
State UTTAR PRADESH
District MUZAFFAR NAGAR
Branch SIKHLITE INFANTRY
IFSC Code SBIN0010616
Branch Code 010616 (Last six characters of IFSC code represent Branch code.)
MICR Code 209002030
Contact Phone 0
via https://bankingzone.in/ifsc

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