State Bank of India OLD PALASIA Branch IFSC Code

SBIN 0003432
State Bank of India Logo State Bank of India
OLD PALASIA — INDORE, MADHYA PRADESH
MICR: 452002011 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
State Bank of India
Branch
OLD PALASIA
IFSC Code
SBIN0003432
MICR Code
452002011
Address
INDORE MADHYA PRADESH
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City
INDORE
District
INDORE
State
MADHYA PRADESH

How to Use This IFSC Code

NEFT Transfer

Use IFSC code SBIN0003432 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 SBIN0003432.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0003432.

IFSC Code Structure

S
B
I
N
0
0
0
3
4
3
2
  • SBIN — Bank code (State Bank of India)
  • 0 — Reserved (always 0)
  • 003432 — Branch code (OLD PALASIA)

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Frequently Asked Questions

Is SBIN0003432 valid for online transfer?
Yes, SBIN0003432 is a valid IFSC code for State Bank of India OLD PALASIA branch in INDORE, MADHYA PRADESH. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SBIN0003432 belong to?
SBIN0003432 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 OLD PALASIA is 452002011. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SBIN0003432?
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.