State Bank of India BAKAWAND Branch IFSC Code
SBIN 0005505
State Bank of India BAKAWAND — BASTAR, CHHATTISGARH
MICR: 494002507
RTGS: ✓
NEFT: ✓
IMPS: ✓
UPI: ✓
Branch Details
- Bank
- State Bank of India
- Branch
- BAKAWAND
- IFSC Code
- SBIN0005505
- MICR Code
- 494002507
- City
- BASTAR
- District
- BASTAR
- State
- CHHATTISGARH
How to Use This IFSC Code
NEFT Transfer
Use IFSC code SBIN0005505 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 SBIN0005505.
IMPS Transfer
IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0005505.
IFSC Code Structure
S
B
I
N
0
0
0
5
5
0
5
- SBIN — Bank code (State Bank of India)
- 0 — Reserved (always 0)
- 005505 — Branch code (BAKAWAND)
Nearby State Bank of India Branches in BASTAR
KONDAGAON
SBIN0001265
DIST BASTAR, CHATTISGARH 494226
MICR: 494002504 RTGS ✓ NEFT ✓ IMPS ✓
KESHKAL
SBIN0002862
TEH. KONDAGAON, DISTT. BASTAR, CHHATTISGARH 494331
MICR: 494002523 RTGS ✓ NEFT ✓ IMPS ✓
NARAYANPUR
SBIN0002878
DISTBASTAR CHATTISAGARH 494661
MICR: 494002505 RTGS ✓ NEFT ✓ IMPS ✓
PHARASGAON
SBIN0003756
DIST BASTAR, CHATTISGARH 494228
MICR: 494002535 RTGS ✓ NEFT ✓ IMPS ✓
BASTAR
SBIN0005467
DIST BASTAR, CHHATTISGARH 494223
MICR: 494002506 RTGS ✓ NEFT ✓ IMPS ✓
Frequently Asked Questions
Is SBIN0005505 valid for online transfer?
Yes, SBIN0005505 is a valid IFSC code for State Bank of India BAKAWAND branch in BASTAR, CHHATTISGARH. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SBIN0005505 belong to?
SBIN0005505 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 BAKAWAND is 494002507. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SBIN0005505?
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.