IFSC code: SBIN0002671 and MICR code: 396002003 STATE BANK OF INDIA MOTI DAMAN
|BANK NAME||STATE BANK OF INDIA|
|BRANCH NAME||MOTI DAMAN|
|ADDRESS||OPP FOOTBALL GROUND MOTO DAMAN 396220 396220|
|STATE||DAMAN AND DIU|
The full form of IFSC code is Indian Financial System Code.IFSC code has 11 digits and it is a collection of number and letters.we find IFSC code on the first page of our bank passbook and also our bank cheque.
we use IFSC code for transfer money online it means wire transfer like NEFT, IMPS, or RTGS etc.ex. if you want to give money to your friend without going to a bank you can transfer it by using IFSC code of your friend bank account. every bank's branches have there owned IFSC code and its give by RBI(Reserve Bank of India).every bank's branches have there owned IFSC code and its give by RBI(Reserve Bank of India).
396002003 is a STATE BANK OF INDIA MOTI DAMAN branch MOTI DAMAN IFSC Code ( SBIN0002671 ).
MICR code means Magnetic Ink Character Recognition.MICR code use for bank cheques clearance.it uses to verify cheques for clearance in a secure and faster way. MICR code works like a barcode but it is better than bar code because it can be read by humans.
396002003 is a STATE BANK OF INDIA MOTI DAMAN branch MOTI DAMAN MICR Code ( 396002003 ).