State Bank of India PREMNAGAR Branch IFSC Code
SBIN 0016586
PREMNAGAR — GANJAM, ODISHA
MICR: 760002019
RTGS: ✓
NEFT: ✓
IMPS: ✓
UPI: ✓
Branch Details
- Bank
- State Bank of India
- Branch
- PREMNAGAR
- IFSC Code
- SBIN0016586
- MICR Code
- 760002019
- City
- GANJAM
- District
- BERHAMPUR
- State
- ODISHA
How to Use This IFSC Code
NEFT Transfer
Use IFSC code SBIN0016586 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 SBIN0016586.
IMPS Transfer
IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0016586.
IFSC Code Structure
S
B
I
N
0
0
1
6
5
8
6
- SBIN — Bank code (State Bank of India)
- 0 — Reserved (always 0)
- 016586 — Branch code (PREMNAGAR)
Nearby State Bank of India Branches in GANJAM
ASKA
SBIN0000012
ASKA, DT GANJAM, ORISSA STATE, PIN 761 110
MICR: 761002202 RTGS ✓ NEFT ✓ IMPS ✓
BERHAMPUR
SBIN0000033
AT PO BERHAMPORE, GANIAM, ORISSA-760001
MICR: 760002002 RTGS ✓ NEFT ✓ IMPS ✓
BHANJANAGAR
SBIN0000038
GANJAM ORISSA 761126
MICR: 761002302 RTGS ✓ NEFT ✓ IMPS ✓
CHATRAPUR
SBIN0000055
CHATRAPUR,GANJAM,ORISSA
MICR: 761002002 RTGS ✓ NEFT ✓ IMPS ✓
KODALA
SBIN0001336
DIST GANJAM, ORISSA
MICR: 761002519 RTGS ✓ NEFT ✓ IMPS ✓
Frequently Asked Questions
Is SBIN0016586 valid for online transfer?
Yes, SBIN0016586 is a valid IFSC code for State Bank of India PREMNAGAR branch in GANJAM, ODISHA. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SBIN0016586 belong to?
SBIN0016586 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 PREMNAGAR is 760002019. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SBIN0016586?
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.