State Bank of India MAGARLOD Branch IFSC Code

SBIN 0017097
State Bank of India Logo State Bank of India
MAGARLOD — DHAMTARI, CHHATTISGARH
MICR: 493002525 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
State Bank of India
Branch
MAGARLOD
IFSC Code
SBIN0017097
MICR Code
493002525
Address
OPPOSITE BUS STAND,MAIN ROAD MAGARLOD,TEHSIL MAGARLOD,DISTT.DHAMTARI.CHHATTISGARH 493662
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City
DHAMTARI
District
MAGARLOD
State
CHHATTISGARH

How to Use This IFSC Code

NEFT Transfer

Use IFSC code SBIN0017097 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 SBIN0017097.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0017097.

IFSC Code Structure

S
B
I
N
0
0
1
7
0
9
7
  • SBIN — Bank code (State Bank of India)
  • 0 — Reserved (always 0)
  • 017097 — Branch code (MAGARLOD)

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Frequently Asked Questions

Is SBIN0017097 valid for online transfer?
Yes, SBIN0017097 is a valid IFSC code for State Bank of India MAGARLOD branch in DHAMTARI, CHHATTISGARH. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SBIN0017097 belong to?
SBIN0017097 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 MAGARLOD is 493002525. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SBIN0017097?
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.