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 Purani Basti Sant Kabir Nagar Branch IFSC/MICR Code Details
Bank Name STATE BANK OF INDIA
Address PURANI BASTI, BASTI, UTTAR PRADESH, PIN 272002
State UTTAR PRADESH
District SANT KABIR NAGAR
Branch PURANI BASTI
IFSC Code SBIN0002597
Branch Code 002597 (Last six characters of IFSC code represent Branch code.)
MICR Code 272002003
Contact Phone 0
via https://bankingzone.in/ifsc

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