State Bank Of India Nayabazar New Delhi Branch IFSC/MICR Code Details

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 Nayabazar New Delhi Branch IFSC/MICR Code Details
Bank Name STATE BANK OF INDIA
Address NO.4101 4157 NAYABAZAR,NEWDELHI
State DELHI
District NEW DELHI
Branch NAYABAZAR
IFSC Code SBIN0040321
Branch Code 040321 (Last six characters of IFSC code represent Branch code.)
MICR Code WAITING
Contact Phone 66571237
via https://sbicsphelp.com/bank

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