State Bank of India NEW PANVEL Branch IFSC Code

SBIN 0020888
State Bank of India Logo State Bank of India
NEW PANVEL — GREATER BOMBAY, MAHARASHTRA
MICR: 400002438 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
State Bank of India
Branch
NEW PANVEL
IFSC Code
SBIN0020888
MICR Code
400002438
Address
CRSLRNLGANPLN02SCRNWPANVLAS
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City
GREATER BOMBAY
District
GREATER BOMBAY
State
MAHARASHTRA
Contact
+912227464808

How to Use This IFSC Code

NEFT Transfer

Use IFSC code SBIN0020888 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 SBIN0020888.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0020888.

IFSC Code Structure

S
B
I
N
0
0
2
0
8
8
8
  • SBIN — Bank code (State Bank of India)
  • 0 — Reserved (always 0)
  • 020888 — Branch code (NEW PANVEL)

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Frequently Asked Questions

Is SBIN0020888 valid for online transfer?
Yes, SBIN0020888 is a valid IFSC code for State Bank of India NEW PANVEL branch in GREATER BOMBAY, MAHARASHTRA. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SBIN0020888 belong to?
SBIN0020888 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 NEW PANVEL is 400002438. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SBIN0020888?
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.