State Bank of India BANDA Branch IFSC Code

SBIN 0010168
State Bank of India Logo State Bank of India
BANDA — SAGAR, MADHYA PRADESH
MICR: 470002521 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
State Bank of India
Branch
BANDA
IFSC Code
SBIN0010168
MICR Code
470002521
Address
DIST SAGAR, MADHYA PRADESH
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City
SAGAR
District
SAGAR
State
MADHYA PRADESH

How to Use This IFSC Code

NEFT Transfer

Use IFSC code SBIN0010168 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 SBIN0010168.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0010168.

IFSC Code Structure

S
B
I
N
0
0
1
0
1
6
8
  • SBIN — Bank code (State Bank of India)
  • 0 — Reserved (always 0)
  • 010168 — Branch code (BANDA)

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Frequently Asked Questions

Is SBIN0010168 valid for online transfer?
Yes, SBIN0010168 is a valid IFSC code for State Bank of India BANDA branch in SAGAR, MADHYA PRADESH. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SBIN0010168 belong to?
SBIN0010168 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 BANDA is 470002521. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SBIN0010168?
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.