State Bank of India NEW MARKET ITARSI Branch IFSC Code
SBIN 0012161
State Bank of India NEW MARKET ITARSI — HOSHANGABAD, MADHYA PRADESH
MICR: 461002203
RTGS: ✓
NEFT: ✓
IMPS: ✓
UPI: ✓
Branch Details
- Bank
- State Bank of India
- Branch
- NEW MARKET ITARSI
- IFSC Code
- SBIN0012161
- MICR Code
- 461002203
- City
- HOSHANGABAD
- District
- ITARSI
- State
- MADHYA PRADESH
How to Use This IFSC Code
NEFT Transfer
Use IFSC code SBIN0012161 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 SBIN0012161.
IMPS Transfer
IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0012161.
IFSC Code Structure
S
B
I
N
0
0
1
2
1
6
1
- SBIN — Bank code (State Bank of India)
- 0 — Reserved (always 0)
- 012161 — Branch code (NEW MARKET ITARSI)
Nearby State Bank of India Branches in HOSHANGABAD
HOSHANGABAD
SBIN0000383
MEENAKSHI CHOWK, HOSHANGABAD, M.P.-461001
MICR: 461002001 RTGS ✓ NEFT ✓ IMPS ✓
ITARSI
SBIN0000389
ITARSI, M.P.-461111
MICR: 461002201 RTGS ✓ NEFT ✓ IMPS ✓
SEONI MALWA
SBIN0000479
DIST HOSHANGABAD, MADHYA PRADESH 461223
MICR: 461002507 RTGS ✓ NEFT ✓ IMPS ✓
PACHMARHI
SBIN0001046
DIST HOSHANGABAD, MADHYA PRADESH 461811
MICR: 461002516 RTGS ✓ NEFT ✓ IMPS ✓
SOHAGPUR
SBIN0001124
DISTHOSHANGABAD MADHYA PRADESH 461771
MICR: 461002521 RTGS ✓ NEFT ✓ IMPS ✓
Frequently Asked Questions
Is SBIN0012161 valid for online transfer?
Yes, SBIN0012161 is a valid IFSC code for State Bank of India NEW MARKET ITARSI branch in HOSHANGABAD, MADHYA PRADESH. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SBIN0012161 belong to?
SBIN0012161 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 NEW MARKET ITARSI is 461002203. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SBIN0012161?
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.