State Bank of India MALVAN Branch IFSC Code

SBIN 0000420
State Bank of India Logo State Bank of India
MALVAN — SINDUDURG, MAHARASHTRA
MICR: 416002886 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
State Bank of India
Branch
MALVAN
IFSC Code
SBIN0000420
MICR Code
416002886
Address
DIST SINDHUDURG MAHARASHTRA 416606
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City
SINDUDURG
District
MALVAN
State
MAHARASHTRA

How to Use This IFSC Code

NEFT Transfer

Use IFSC code SBIN0000420 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 SBIN0000420.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0000420.

IFSC Code Structure

S
B
I
N
0
0
0
0
4
2
0
  • SBIN — Bank code (State Bank of India)
  • 0 — Reserved (always 0)
  • 000420 — Branch code (MALVAN)

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Frequently Asked Questions

Is SBIN0000420 valid for online transfer?
Yes, SBIN0000420 is a valid IFSC code for State Bank of India MALVAN branch in SINDUDURG, MAHARASHTRA. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SBIN0000420 belong to?
SBIN0000420 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 MALVAN is 416002886. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SBIN0000420?
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.