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It is very important to find MICR code 110720001 of correct branch before initiating a NEFT or RTGS or IMPS transfer. Though all banks will have a mechanism to verify the MICR Code, Bank Branch, Account Type and Name and any mismatch will result in failed transaction!
The best and simplest place to verify 110720001 MICR code branch is the cheque book. Most banks now print MICR Codes on the cheque books. Also, your account pass book should have the MICR Code printed.
110720001 is the MICR Code for Sberbank branch of SBER Bank. This can be used for online funds transfer via NEFT, RTGS amd IMPS to SBER Bank account. The address of Sberbank branch is Ugf, gopal das bhawan, 28, barakhamba road, new delhi-110001, which is located in New Delhi District of New Delhi State.
In SBER MICR Code, the first 4 characters (1107) represent the bank name, 5th character is 0 (ZERO), which is reserved for future use. The last 6 characters (0001) represent the SBER Bank branch code.
Find more information on MICR Code 110720001 of SBER Bank Sberbank Branch MICR Code New Delhi for NEFT transfer, RTGS transfer and IMPS transfer below:
*The MICR Code information presented above is for reference only. Please verify MICR Code 110720001 details before initiating any transaction!