Find Branch Details by IFSC Code
Instantly get branch name, address, MICR code and other details using a valid 11-digit IFSC code.
State Bank of India, PARKALA
- IFSC
- SBIN0016869
- BRANCH
- PARKALA
- ADDRESS
- BHOODARA TOWER, MAIN ROAD, HERGA VILLAGE, PARKALA, DIST UDUPI,KARNATAKA 576107
- BANKCODE
- SBIN
- MICR
- 576002012
- DISTRICT
- UDUPI
- CITY
- UDUPI
- STATE
- KARNATAKA
Definition
What is IFSC Code
IFSC stands for Indian Financial System Code. It is a unique 11-character code assigned by the Reserve Bank of India (RBI) to identify every bank branch participating in the NEFT system in India.
The IFSC code is made up of three parts:
- The first four characters (SBIN in SBIN0016869) are the bank code, identifying State Bank of India.
- The fifth character (0 in SBIN0016869) is reserved and is typically zero, separating the bank code from the branch code.
- The last six characters (016869 in SBIN0016869) are the branch code for PARKALA.
For example, SBIN0016869 is the IFSC for State Bank of India’s PARKALA branch. IFSC codes are used in NEFT, RTGS, IMPS and other electronic transfers.
