SBIN0000029 IFSC Code for State Bank of India (SBI) Barrackpore branch located at West Bengal state, North 24 Parganas district, Barrackpore, and branch Address is 66 Barrack Road Distt 24 Parganas North West Bengal 743101, Branch Contact numbers Ip: 501491; Tel: 033 - 25922043 Branch code is 000029 last six characters of the IFSC Code.
Branch Information Last updated May 29, 2013
IFSC: SBIN0000029
MICR:
700002214
Branch Code: 000029
PIN Code: 743101
Address: 66 BARRACK ROAD DISTT 24 PARGANAS NORTH WEST BENGAL 743101
Contact: IP: 501491; TEL: 033 - 25922043
Map Location of Barrackpore, North 24 Parganas, West Bengal
What is IFSC Code SBIN0000029?
IFSC or Indian Financial System Code is an alpha-numeric code that uniquely identifies a bank-branch participating in the NEFT system.
This is an 11 digit code with the first 4 alpha characters representing the bank, and the last 6 characters representing the branch.
The 5th character is 0 (zero).
IFSC is used by the NEFT system to identify the originating / destination banks / branches and also to route the messages appropriately to the concerned banks / branches.
IFSC is 11 alpha numeric characters code assigned by Reserve Bank of India to bank branches for facilitating online money / fund transfer using NEFT, RTGS or ECS between two bank accounts.
- The code consists of 11 Characters : (SBIN0000029) 11 alpha numeric characters code assigned by Reserve Bank of India to State Bank of India (SBI) Barrackpore Branch
- First 4 characters represent the entity (SBIN0000029)
- Fifth position has been defaulted with a '0' (Zero) for future use (ICIC0000029)
- Last 6 character denotes the branch identity (ICIC0000029)
What is MICR Code 700002214?
Magnetic ink character recognition (MICR) is a character recognition technology used primarily by the banking industry to facilitate the processing of cheques.
MICR characters are printed in special typefaces with a magnetic ink or toner, usually containing iron oxide. A special machine is used to read these characters, which can be easily read by humans too.
The characters are usually printed on the bottom strip of cheque leaf.
This MICR code is used By RBI (Reserve bank Of India) clearing process to identify the branch and bank for clearing processes.
MICR 700002214 is 9 digits code printed on cheques to facilitate and expedite clearance of cheques in banking system.
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