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Searching for SBI merged 5 associate banks (State Bank of Bikaner and Jaipur, State Bank of Hyderabad, State Bank of Mysore, State Bank of Patiala and State Bank of Travancore (SBBJ/SBH/SBM/SBP/SBT)) New IFSC Codes. Click here to know the new IFSC Code allotted with old IFSC Code.
SBIN0050298 (previously State Bank of Patiala (SBP) with STBP0000298) IFSC Code for State Bank of India (SBI) Sunder Nagar branch located at Himachal Pradesh state, Mandi district, Sundar Nagar, and branch Address is Bhojpur Bazar Hp-175002, Branch Contact numbers 01907-262479 Branch code is 000298 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 Sundar Nagar
Branch Information Last updated Oct 15, 2017
IFSC: SBIN0050298 (old IFSC STBP0000298)
MICR: 174007002
Branch Code: 000298
District: MANDI
Address: BHOJPUR BAZAR HP-175002
Contact: 01907-262479
Map Location of Sundar Nagar, Mandi, Himachal Pradesh
Sunder Nagar
Sunder Nagar
Sunder Nagar
What is IFSC Code SBIN0050298?
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 : (SBIN0050298) 11 alpha numeric characters code assigned by Reserve Bank of India to State Bank of India (SBI) Sunder Nagar Branch
  • First 4 characters represent the entity (SBIN0000298)
  • Fifth position has been defaulted with a '0' (Zero) for future use (ICIC0000298)
  • Last 6 character denotes the branch identity (ICIC0000298)

What is MICR Code 174007002?
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 174007002 is 9 digits code printed on cheques to facilitate and expedite clearance of cheques in banking system.

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