State Bank of India PUNASA Branch IFSC Code

SBIN 0018960
State Bank of India Logo State Bank of India
PUNASA — KHANDWA, MADHYA PRADESH
MICR: 450002111 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
State Bank of India
Branch
PUNASA
IFSC Code
SBIN0018960
MICR Code
450002111
Address
PUNASASANAWADROAD,BLOCK,TEHSILANDPOSTPUNASA,KANDWA,DISTT.KHANDWAEASTNIMAR.M.P.450001
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City
KHANDWA
District
PUNASA
State
MADHYA PRADESH
Contact
+919893655417

How to Use This IFSC Code

NEFT Transfer

Use IFSC code SBIN0018960 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 SBIN0018960.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0018960.

IFSC Code Structure

S
B
I
N
0
0
1
8
9
6
0
  • SBIN — Bank code (State Bank of India)
  • 0 — Reserved (always 0)
  • 018960 — Branch code (PUNASA)

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Frequently Asked Questions

Is SBIN0018960 valid for online transfer?
Yes, SBIN0018960 is a valid IFSC code for State Bank of India PUNASA branch in KHANDWA, MADHYA PRADESH. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SBIN0018960 belong to?
SBIN0018960 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 PUNASA is 450002111. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SBIN0018960?
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.