State Bank of India BANO Branch IFSC Code

SBIN 0016507
State Bank of India Logo State Bank of India
BANO — SIMDEGA, JHARKHAND
MICR: 835002702 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
State Bank of India
Branch
BANO
IFSC Code
SBIN0016507
MICR Code
835002702
Address
KARAN HOUSE, MAIN ROAD, BANO, DISTT.SIMDEGA. JHARKHAND 835201
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City
SIMDEGA
District
BANO
State
JHARKHAND

How to Use This IFSC Code

NEFT Transfer

Use IFSC code SBIN0016507 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 SBIN0016507.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0016507.

IFSC Code Structure

S
B
I
N
0
0
1
6
5
0
7
  • SBIN — Bank code (State Bank of India)
  • 0 — Reserved (always 0)
  • 016507 — Branch code (BANO)

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Frequently Asked Questions

Is SBIN0016507 valid for online transfer?
Yes, SBIN0016507 is a valid IFSC code for State Bank of India BANO branch in SIMDEGA, JHARKHAND. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SBIN0016507 belong to?
SBIN0016507 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 BANO is 835002702. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SBIN0016507?
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.