State Bank of India KHANDWA Branch IFSC Code

SBIN 0000408
State Bank of India Logo State Bank of India
KHANDWA — KHANDWA, MADHYA PRADESH
MICR: 450002101 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
State Bank of India
Branch
KHANDWA
IFSC Code
SBIN0000408
MICR Code
450002101
Address
KHANDWA,PB NO. 29,EAST NIMAR,M.P.,PIN 450001
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City
KHANDWA
District
KHANDWA
State
MADHYA PRADESH

How to Use This IFSC Code

NEFT Transfer

Use IFSC code SBIN0000408 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 SBIN0000408.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0000408.

IFSC Code Structure

S
B
I
N
0
0
0
0
4
0
8
  • SBIN — Bank code (State Bank of India)
  • 0 — Reserved (always 0)
  • 000408 — Branch code (KHANDWA)

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Frequently Asked Questions

Is SBIN0000408 valid for online transfer?
Yes, SBIN0000408 is a valid IFSC code for State Bank of India KHANDWA branch in KHANDWA, MADHYA PRADESH. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SBIN0000408 belong to?
SBIN0000408 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 KHANDWA is 450002101. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SBIN0000408?
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.