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State Bank Of India Racc R And Db Daman Daman Branch IFSC/MICR Code Details
Bank Name STATE BANK OF INDIA
Address KAVI KHABARDAR ROAD, NANI DAMANDAMAN
State DAMAN AND DIU
District DAMAN
Branch RACC R AND DB DAMAN
IFSC Code SBIN0062764
Branch Code 062764 (Last six characters of IFSC code represent Branch code.)
MICR Code WAITING
Contact Phone 7600035100
via https://ifscdirectory.in

What is an IFSC code?


Indian Financial System Code (IFSC). It is used for electronic payment applications like Real Time Gross Settlement (RTGS), National Electronic Funds Transfer (NEFT), Immediate Payment Service, an interbank electronic instant mobile money transfer service (IMPS), and Centralised Funds Management System (CFMS) developed by Reserve Bank of India (RBI). The code has eleven characters "Alpha Numeric" in nature. First four characters represent bank, fifth character is default "0" left for future use and last six characters represent branch.

What is a MICR code?
MICR Code: Magnetic Ink Character Recognition as printed on cheque book to facilitate the processing of cheques.

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