STATE BANK OF INDIA NILAGIRI IFSC CODE Quick Search

IFSC Code

MICR Code

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What is STATE BANK OF INDIA NILAGIRI ifsc code

IFSC Code (The Indian Financial System Code) is an alphanumeric code which is used to transfer electronic funds in India.

STATE BANK OF INDIA NILAGIRI ifsc code is a Unique code which identifies each bank branch. The main purpose of IFSC Code is to participate each bank branch in the two main payment and settlement systems in India.

1) RTGS : Real Time Gross Settlement
2) NEFT : National Electronic Fund Transfer

STATE BANK OF INDIA NILAGIRI ifsc code Format:

The IFSC Code is an 11-characters code. First four alphabetic characters ( position 1 to 4) represents BankName and Last Six charactes ( Position from 6-11) which can be alphanumeric represents Bank Branch. The fifth character is 0 (zero) which is reserved for future use.

1 2 3 4 5 6 7 8 9 10 11
Bank Code 0 Branch Code

For Example :

STATE BANK OF INDIA NILAGIRI ifsc code : SBIN0005078 is 11 digit Unique IFSC Code.

First 4 characters represents Bank Code : SBIN for Bank : STATE BANK OF INDIA

5th character is Zero and it is reserved for future reference

Last 6 characters represents Branch Code : 005078 for Bank Branch NILGIRI

Anatomy of a Cheque

STATE BANK OF INDIA NILAGIRI ifsc code -cheque

The above image represent cheque format which locates IFSC Code and MICR Code in Red Box

What is MICR Code for state bank of india nilagiri

MICR code for state bank of india nilagiri represents Magnetic Ink Character Recognition technology which is printed on cheques. This MICR Code is used for the identification of the cheques for faster processing.

MICR Code is a Unique code which identifies each bank branch. The main purpose of MICR Code is to participate each bank branch in an Electronic Clearing System (ECS).

Where is MICR Code for state bank of india nilagiri on Cheque:

MICR Code for state bank of india nilagiri can be found at the bottom of the cheque. As shown in above image MICR Code is shown inside Red rectangle at the bottom of the cheque.

MICR Code Format for state bank of india nilagiri :

MICR Code for state bank of india nilagiri is an 9-digit code. First three digits ( position 1 to 3) represents City Code, Next 3 Digits ( Position from 4-7) Bank Code and Last 3 Digits ( Position from 7-9) represents Branch Code.

1 2 3 4 5 6 7 8 9
City Code Bank Code Branch Code

For Example :

MICR Code for STATE BANK OF INDIA : 756002020 is 9 digit Unique MICR Code.

First 3 digits represents CityCode Code : 756 for City : NILAGIRI

Middle 3 digits reprents Bank Code: 002 for Bank : STATE BANK OF INDIA

Last 3 digits represents Branch Code : 202 for Bank Branch NILGIRI

STATE BANK OF INDIA All Branch IFSC Code List for City NILAGIRI