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SBIN0030126 IFSC Code for State Bank of India (SBI) Laxmibai Nagar Ssi Fin-Indore branch located at Madhya Pradesh state, Indore district, and branch Address is 48-A, Laxmibai Nagar, Kila Maidan, Branch Contact numbers 0731-2410891,2411497 Branch code is 030126 last six characters of the IFSC Code.
Bank Information

State Bank of India (SBI)
Phone: 1800 425 3800 / 1800 112211 / 080-26599990
email: [email protected]
Web: www.sbi.co.in

» View All Banks List in Indore
Branch Information Last updated May 30, 2013
IFSC: SBIN0030126
MICR: 452005013
Branch Code: 030126
City: INDORE
District: INDORE
PIN Code: 452006
Address: 48-A, LAXMIBAI NAGAR, KILA MAIDAN
Contact: 0731-2410891,2411497
Map Location of Indore, Madhya Pradesh
Laxmibai Nagar Ssi Fin-Indore
Laxmibai Nagar Ssi Fin-Indore
Laxmibai Nagar Ssi Fin-Indore
What is IFSC Code SBIN0030126?
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 : (SBIN0030126) 11 alpha numeric characters code assigned by Reserve Bank of India to State Bank of India (SBI) Laxmibai Nagar Ssi Fin-Indore Branch
  • First 4 characters represent the entity (SBIN0030126)
  • Fifth position has been defaulted with a '0' (Zero) for future use (ICIC0030126)
  • Last 6 character denotes the branch identity (ICIC0030126)

What is MICR Code 452005013?
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 452005013 is 9 digits code printed on cheques to facilitate and expedite clearance of cheques in banking system.

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