State Bank of India PEN Branch IFSC Code

SBIN 0000556
State Bank of India Logo State Bank of India
PEN — RAIGAD, MAHARASHTRA
MICR: 402002891 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
State Bank of India
Branch
PEN
IFSC Code
SBIN0000556
MICR Code
402002891
Address
BAZAR PETH, PEN, RAIGAD
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City
RAIGAD
District
PEN
State
MAHARASHTRA

How to Use This IFSC Code

NEFT Transfer

Use IFSC code SBIN0000556 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 SBIN0000556.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0000556.

IFSC Code Structure

S
B
I
N
0
0
0
0
5
5
6
  • SBIN — Bank code (State Bank of India)
  • 0 — Reserved (always 0)
  • 000556 — Branch code (PEN)

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Frequently Asked Questions

Is SBIN0000556 valid for online transfer?
Yes, SBIN0000556 is a valid IFSC code for State Bank of India PEN branch in RAIGAD, MAHARASHTRA. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SBIN0000556 belong to?
SBIN0000556 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 PEN is 402002891. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SBIN0000556?
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.