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SBER Bank IFSC Code MICR No Details for 1 Branches in 1 States
SBER Bank having 1 Branches in the following 1 States
1   DELHI (1)
What is IFSC Code of SBER Bank ?
The Indian Financial System Code (IFSC) is an alphanumeric code that uniquely identifies a Bank-Branch participating in National Electronic Funds Transfer (NEFT) and Real Time Gross Settlement (RTGS) Electronic Funds Settlement Systems in India. IFSC Code of SBER Bank is provided by RBI. SBER Bank IFSC Code identifies branch which participate in online fund transfers. IFSC code SBER Bank Branch is a unique code for branch. SBER Bank IFSC Code consists of 11 Characters:
(ex. AAAA00654321)
• First 4 characters represent the entity (AAAAxxxxxxx)
• Fifth position has been defaulted with a '0' (Zero) for future use (xxxx0xxxxxx)
• Last 6 character denotes the branch identity (xxxxx654321)

What is SWIFT CODE of SBER Bank ?
The Society for Worldwide Interbank Financial Telecommunication (SWIFT) (also known as ISO 9362, SWIFT-BIC, BIC code, SWIFT ID or SWIFT code) is approved by the International Organization for Standardization (ISO). It is a unique identification code for both financial and non-financial institutions. When assigned to a non-financial institution, a code may also be known as a Business Entity Identifier or BEI. These codes are used when transferring money between banks, particularly for international wire transfers, and also for the exchange of other messages between banks. The codes can sometimes be found on account statements. SWIFT and BIC codes are basically the same. The SWIFT code is 8 or 11 characters
• AAAA 4 letters: Institution Code or bank code.
• UK 2 letters: ISO 3166-1 alpha-2 country code
• 5C 2 letters or digits: location code
• If the second character is "0", then it is typically a test BIC as opposed to a BIC used on the live network.
• If the second character is "1", then it denotes a passive participant in the SWIFT network
• If the second character is "2", then it typically indicates a reverse billing BIC, where the recipient pays for the message as opposed to the more usual mode whereby the sender pays for the message.
• XXX 3 letters or digits: branch code, optional ('XXX' for primary office)
Where an 8-digit code is given, it may be assumed that it refers to the primary office.

What is BSR Code of SBER Bank
Seven digit Basic Statistical Return (BSR) code is Identify the bank branch where tax is deposited. BSR Code is used to pay Income Tax payments. SBER Bank Branches which Having BSR codes are authorized to collect direct taxes. BSR Code is provided by RBI. BSR Code helps Income tax department to identify the tax collecting bank while submitting online return. BSR Code used in Challan Identification Number (CIN) Contains BSR Code(, Date of Deposit, Challan Serial Number, Major Head Code with description, Assessee code, Name of Assessee, CIN has to be quoted in the return of income as a proof of payment.
IFSC: Indian Financial System Code
BSR: Basic Statistical Return
BIC: Bank Identifier Code
MICR: Magnetic ink character recognition
NEFT: National Electronic Funds Transfer
RTGS: Real Time Gross Settlement
CIN: Challan Identification Number
SWIFT: Society for Worldwide Interbank Financial Telecommunication
How to use SBER Bank IFSC Code in NEFT & RGTS Transfer
Real Time Gross Settlement (RTGS) & National Electronic Funds Transfer (NEFT) are a nation-wide online fund transfer system supported by RBI. RGTS & NEFT facilitates individuals (Saving Account), firms and corporate (Current Account) to transfer small and medium amount from any SBER Bank branch to any individual Saving A/c, firm or corporate Current A/c having an account with any other Bank branch in the India. This information can also be used to do online Net banking, Electricity, Mobil, credit card Bill payments, health insurance premium payments, Flight, Bus and Train ticket booking, online shopping, loan emi payments, online Share equity Trading Fund Transfer, buying mutual funds, bonds, egold, Gold EFTs etc.

What is MICR No of SBER Bank and how is it used by a bank?
Magnetic ink character recognition (MICR) code can be seen on bottom of cheque leaf. SBER Bank MICR No used by bank to process clearing of cheques and other operations. This code is printed by special ink and information can be read by using specific readers. MICR code SBER Bank give information about bank code and account details of account holder etc. MICR code is made up of nine digits in which first 3 digits show name of city, Next 3 digits shows code of bank and last 3 digits shows name of branch of bank. MICR codes are for secure transaction.

How to use SBER Bank SWIFT, BIC Code
Bank Identifier Code (BIC), SWIFT codes and Routing Code are basically the same. SBER Bank SWIFT Code Bank used to Transfer fund to International banks branches. SWIFT, BIC Code Bank is provided the broadest coverage of national bank identifiers. BIC/SWIFT Code is identifying Bank Country branches. BIC Code of SBER Bank is unique for each branch. These codes are used when transferring money between banks, particularly for international wire transfers, and also for the exchange of other messages between banks.