State Bank of India PARASWADA Branch IFSC Code

SBIN 0013642
State Bank of India Logo State Bank of India
PARASWADA — BALAGHAT, MADHYA PRADESH
MICR: 481002503 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
State Bank of India
Branch
PARASWADA
IFSC Code
SBIN0013642
MICR Code
481002503
Address
INFRONT OF RAM MANDIR,PARASWADA,TEHSIL BAIHAR,DISTT BALAGHAT M P
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City
BALAGHAT
District
PARASWADA
State
MADHYA PRADESH

How to Use This IFSC Code

NEFT Transfer

Use IFSC code SBIN0013642 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 SBIN0013642.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0013642.

IFSC Code Structure

S
B
I
N
0
0
1
3
6
4
2
  • SBIN — Bank code (State Bank of India)
  • 0 — Reserved (always 0)
  • 013642 — Branch code (PARASWADA)

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Frequently Asked Questions

Is SBIN0013642 valid for online transfer?
Yes, SBIN0013642 is a valid IFSC code for State Bank of India PARASWADA branch in BALAGHAT, MADHYA PRADESH. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SBIN0013642 belong to?
SBIN0013642 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 PARASWADA is 481002503. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SBIN0013642?
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.