State Bank of India PALASPE Branch IFSC Code

SBIN 0016067

State Bank of India

PALASPE — RAIGAD, MAHARASHTRA

MICR: 400002350 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank: State Bank of India
Branch: PALASPE
IFSC Code: SBIN0016067
MICR Code: 400002350
Address: 1ST FLOORJWC LOGISTIC PARK PVT.LTD.SURVEY NOS.90109211NH NO.17PALASPEPANVELRAIGADMH410206
City: RAIGAD
District: PALASPE
State: MAHARASHTRA
Contact: +918879050158

How to Use This IFSC Code

NEFT Transfer

Use IFSC code SBIN0016067 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 SBIN0016067.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0016067.

IFSC Code Structure

SBIN — Bank code (State Bank of India)
0 — Reserved (always 0)
016067 — Branch code (PALASPE)

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Frequently Asked Questions

Is SBIN0016067 valid for online transfer?

Yes, SBIN0016067 is a valid IFSC code for State Bank of India PALASPE branch in RAIGAD, MAHARASHTRA. You can use this code for NEFT, RTGS, and IMPS transfers.

What bank does SBIN0016067 belong to?

SBIN0016067 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 PALASPE is 400002350. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.

Can I do RTGS using SBIN0016067?

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.