State Bank of India PENEGLA Branch IFSC Code

SBIN 0008507
State Bank of India Logo State Bank of India
PENEGLA — EAST SIKKIM, SIKKIM
MICR: 737002007 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
State Bank of India
Branch
PENEGLA
IFSC Code
SBIN0008507
MICR Code
737002007
Address
VIA GANGTOK
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City
EAST SIKKIM
District
PENENGLA
State
SIKKIM

How to Use This IFSC Code

NEFT Transfer

Use IFSC code SBIN0008507 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 SBIN0008507.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0008507.

IFSC Code Structure

S
B
I
N
0
0
0
8
5
0
7
  • SBIN — Bank code (State Bank of India)
  • 0 — Reserved (always 0)
  • 008507 — Branch code (PENEGLA)

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Frequently Asked Questions

Is SBIN0008507 valid for online transfer?
Yes, SBIN0008507 is a valid IFSC code for State Bank of India PENEGLA branch in EAST SIKKIM, SIKKIM. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SBIN0008507 belong to?
SBIN0008507 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 PENEGLA is 737002007. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SBIN0008507?
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.