State Bank of India BICHOLI MARDANA Branch IFSC Code

SBIN 0018961

State Bank of India

BICHOLI MARDANA — INDORE, MADHYA PRADESH

MICR: 452002114 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank: State Bank of India
Branch: BICHOLI MARDANA
IFSC Code: SBIN0018961
MICR Code: 452002114
Address: SHOPNO.G10,DILPASANDBUILDING,RCM4,IDASCHEMENO.140,SECTORB,DISTT.INDORE.INDORE,MP452010
City: INDORE
District: INDORE
State: MADHYA PRADESH
Contact: +919826249960

How to Use This IFSC Code

NEFT Transfer

Use IFSC code SBIN0018961 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 SBIN0018961.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0018961.

IFSC Code Structure

SBIN — Bank code (State Bank of India)
0 — Reserved (always 0)
018961 — Branch code (BICHOLI MARDANA)

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Frequently Asked Questions

Is SBIN0018961 valid for online transfer?

Yes, SBIN0018961 is a valid IFSC code for State Bank of India BICHOLI MARDANA branch in INDORE, MADHYA PRADESH. You can use this code for NEFT, RTGS, and IMPS transfers.

What bank does SBIN0018961 belong to?

SBIN0018961 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 BICHOLI MARDANA is 452002114. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.

Can I do RTGS using SBIN0018961?

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.