IFSC Code of State Bank of India, MARKACHO, KODERMA

SBIN0016979

BankState Bank of India
IFSC CodeSBIN0016979
Branch Code016979 (last six characters of IFSC)
BranchMARKACHO
City / DistrictKODERMA
StateJHARKHAND

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State Bank of India MARKACHO IFSC Code

The MARKACHO branch of State Bank of India located in KODERMA, JHARKHAND is identified by the IFSC code SBIN0016979. This 11-character code is issued by the Reserve Bank of India (RBI) and is required for electronic fund transfers such as NEFT, RTGS, IMPS and UPI.

How to transfer money using SBIN0016979

  1. Log in to your bank’s net banking or mobile banking app.
  2. Choose the NEFT, RTGS or IMPS transfer option.
  3. Add the beneficiary with account number and branch name.
  4. Enter IFSC code SBIN0016979 to identify the MARKACHO branch.
  5. Enter the amount and confirm the transaction.

Difference between IFSC and MICR

AspectIFSC
Full formIndian Financial System Code
PurposeOnline money transfer (NEFT / RTGS / IMPS)
Format11-character alphanumeric
Issued byReserve Bank of India (RBI)

Frequently asked questions

What is the IFSC code of State Bank of India, MARKACHO?
The IFSC code is SBIN0016979.

What is the branch code?
The branch code is 016979, the last six characters of the IFSC code.