State Bank of India BALAGHAT Branch IFSC Code

SBIN 0000318
State Bank of India Logo State Bank of India
BALAGHAT — BALAGHAT, MADHYA PRADESH
MICR: 481002005 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
State Bank of India
Branch
BALAGHAT
IFSC Code
SBIN0000318
MICR Code
481002005
Address
MAIN RD, BALAGHAT, M P, PIN 481001
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City
BALAGHAT
District
BALAGHAT
State
MADHYA PRADESH

How to Use This IFSC Code

NEFT Transfer

Use IFSC code SBIN0000318 to send money via NEFT to this branch. NEFT transfers are processed in hourly batches during working hours. No minimum amount required.

RTGS Transfer

This branch supports RTGS for high-value instant transfers above ₹2 lakhs. Use the same IFSC code SBIN0000318.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0000318.

IFSC Code Structure

S
B
I
N
0
0
0
0
3
1
8
  • SBIN — Bank code (State Bank of India)
  • 0 — Reserved (always 0)
  • 000318 — Branch code (BALAGHAT)

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Frequently Asked Questions

Is SBIN0000318 valid for online transfer?
Yes, SBIN0000318 is a valid IFSC code for State Bank of India BALAGHAT branch in BALAGHAT, MADHYA PRADESH. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SBIN0000318 belong to?
SBIN0000318 belongs to State Bank of India. The first 4 characters "SBIN" identify the bank.
What is the MICR code for this branch?
The MICR code for State Bank of India BALAGHAT is 481002005. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SBIN0000318?
Yes, this branch supports RTGS (Real Time Gross Settlement). RTGS is used for high-value instant transfers above ₹2 lakhs. Available on working days during RBI specified hours.