State Bank of India M.G. ROAD MARKET, INDORE Branch IFSC Code
SBIN 0004241
State Bank of India M.G. ROAD MARKET, INDORE — INDORE, MADHYA PRADESH
MICR: 452002016
RTGS: ✓
NEFT: ✓
IMPS: ✓
UPI: ✓
Branch Details
- Bank
- State Bank of India
- Branch
- M.G. ROAD MARKET, INDORE
- IFSC Code
- SBIN0004241
- MICR Code
- 452002016
- City
- INDORE
- District
- INDORE
- State
- MADHYA PRADESH
How to Use This IFSC Code
NEFT Transfer
Use IFSC code SBIN0004241 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 SBIN0004241.
IMPS Transfer
IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0004241.
IFSC Code Structure
S
B
I
N
0
0
0
4
2
4
1
- SBIN — Bank code (State Bank of India)
- 0 — Reserved (always 0)
- 004241 — Branch code (M.G. ROAD MARKET, INDORE)
Nearby State Bank of India Branches in INDORE
INDORE MAIN
SBIN0000387
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MICR: 452002002 RTGS ✓ NEFT ✓ IMPS ✓
INDORE CITY
SBIN0000388
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MICR: 452002006 RTGS ✓ NEFT ✓ IMPS ✓
I.E. INDORE
SBIN0001200
NEAR INDUSTRIAL ESTATE,P B NO.205 INDORE
MICR: 452002005 RTGS ✓ NEFT ✓ IMPS ✓
ADB SANWER
SBIN0003017
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MICR: 452002506 RTGS ✓ NEFT ✓ IMPS ✓
M.G. ROAD INDROE
SBIN0003218
S13,M.G.ROAD,INDORE, M.P., PIN 452002
MICR: 452002004 RTGS ✓ NEFT ✓ IMPS ✓
Frequently Asked Questions
Is SBIN0004241 valid for online transfer?
Yes, SBIN0004241 is a valid IFSC code for State Bank of India M.G. ROAD MARKET, INDORE branch in INDORE, MADHYA PRADESH. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SBIN0004241 belong to?
SBIN0004241 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 M.G. ROAD MARKET, INDORE is 452002016. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SBIN0004241?
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.