State Bank of India BASMATHNAGAR Branch IFSC Code

SBIN 0020017
State Bank of India Logo State Bank of India
BASMATHNAGAR — HINGOLI, MAHARASHTRA
MICR: 431002551 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
State Bank of India
Branch
BASMATHNAGAR
IFSC Code
SBIN0020017
MICR Code
431002551
Address
ANROADBASATNAGARHNGOLDSTRCT
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City
HINGOLI
District
HINGOLI
State
MAHARASHTRA
Contact
+912454220041

How to Use This IFSC Code

NEFT Transfer

Use IFSC code SBIN0020017 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 SBIN0020017.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0020017.

IFSC Code Structure

S
B
I
N
0
0
2
0
0
1
7
  • SBIN — Bank code (State Bank of India)
  • 0 — Reserved (always 0)
  • 020017 — Branch code (BASMATHNAGAR)

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Frequently Asked Questions

Is SBIN0020017 valid for online transfer?
Yes, SBIN0020017 is a valid IFSC code for State Bank of India BASMATHNAGAR branch in HINGOLI, MAHARASHTRA. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SBIN0020017 belong to?
SBIN0020017 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 BASMATHNAGAR is 431002551. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SBIN0020017?
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.