State Bank of India SAKOLI Branch IFSC Code

SBIN 0001169
State Bank of India Logo State Bank of India
SAKOLI — BHANDARA, MAHARASHTRA
MICR: 441002649 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
State Bank of India
Branch
SAKOLI
IFSC Code
SBIN0001169
MICR Code
441002649
Address
TQ SAKOLI, DIST BHANDARA, MAHARASHTRA 441802
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City
BHANDARA
District
BHANDARA
State
MAHARASHTRA

How to Use This IFSC Code

NEFT Transfer

Use IFSC code SBIN0001169 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 SBIN0001169.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0001169.

IFSC Code Structure

S
B
I
N
0
0
0
1
1
6
9
  • SBIN — Bank code (State Bank of India)
  • 0 — Reserved (always 0)
  • 001169 — Branch code (SAKOLI)

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Frequently Asked Questions

Is SBIN0001169 valid for online transfer?
Yes, SBIN0001169 is a valid IFSC code for State Bank of India SAKOLI branch in BHANDARA, MAHARASHTRA. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SBIN0001169 belong to?
SBIN0001169 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 SAKOLI is 441002649. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SBIN0001169?
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.