State Bank of India MALSHIRAS Branch IFSC Code

SBIN 0011516
State Bank of India Logo State Bank of India
MALSHIRAS — SHOLAPUR, MAHARASHTRA
MICR: 413002369 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
State Bank of India
Branch
MALSHIRAS
IFSC Code
SBIN0011516
MICR Code
413002369
Address
DIST SOLAPURSTATE MAHARASHTRA
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City
SHOLAPUR
District
SOLAPUR
State
MAHARASHTRA

How to Use This IFSC Code

NEFT Transfer

Use IFSC code SBIN0011516 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 SBIN0011516.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0011516.

IFSC Code Structure

S
B
I
N
0
0
1
1
5
1
6
  • SBIN — Bank code (State Bank of India)
  • 0 — Reserved (always 0)
  • 011516 — Branch code (MALSHIRAS)

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Frequently Asked Questions

Is SBIN0011516 valid for online transfer?
Yes, SBIN0011516 is a valid IFSC code for State Bank of India MALSHIRAS branch in SHOLAPUR, MAHARASHTRA. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SBIN0011516 belong to?
SBIN0011516 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 MALSHIRAS is 413002369. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SBIN0011516?
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.