SBIN0001920 IFSC Code for State Bank of India (SBI) Commercial Branch-Bhopal branch located at Madhya Pradesh state, Bhopal district, and branch Address is Ground Floor,Lho Building,Hoshangabad Road,Bhopal,Bhopal 462011, Branch Contact numbers 0755-5288685
Ip - 200301/ 302 Branch code is 001920 last six characters of the IFSC Code.
Branch Information Last updated May 29, 2013
IFSC: SBIN0001920
MICR:
462002027
Branch Code: 001920
PIN Code: 462011
Address: GROUND FLOOR,LHO BUILDING,HOSHANGABAD ROAD,BHOPAL,BHOPAL 462011
Contact: 0755-5288685
IP - 200301/ 302
Map Location of Bhopal, Madhya Pradesh
![Commercial Branch-Bhopal](https://maps.googleapis.com/maps/api/staticmap?maptype=roadmap&markers=size:mid%7Ccolor:red%7Ccommercial branch-bhopal,bhopal&zoom=11&size=625x290)
What is IFSC Code SBIN0001920?
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 : (SBIN0001920) 11 alpha numeric characters code assigned by Reserve Bank of India to State Bank of India (SBI) Commercial Branch-Bhopal Branch
- First 4 characters represent the entity (SBIN0001920)
- Fifth position has been defaulted with a '0' (Zero) for future use (ICIC0001920)
- Last 6 character denotes the branch identity (ICIC0001920)
What is MICR Code 462002027?
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 462002027 is 9 digits code printed on cheques to facilitate and expedite clearance of cheques in banking system.
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