State Bank of India MCTE MHOW Branch IFSC Code

SBIN 0030523
State Bank of India Logo State Bank of India
MCTE MHOW — INDORE, MADHYA PRADESH
MICR: 452002081 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
State Bank of India
Branch
MCTE MHOW
IFSC Code
SBIN0030523
MICR Code
452002081
Address
STATE BANK OF INDORE,M.C.T.E.CAMPUS,MHOW
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City
INDORE
District
MHOW
State
MADHYA PRADESH

How to Use This IFSC Code

NEFT Transfer

Use IFSC code SBIN0030523 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 SBIN0030523.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0030523.

IFSC Code Structure

S
B
I
N
0
0
3
0
5
2
3
  • SBIN — Bank code (State Bank of India)
  • 0 — Reserved (always 0)
  • 030523 — Branch code (MCTE MHOW)

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Frequently Asked Questions

Is SBIN0030523 valid for online transfer?
Yes, SBIN0030523 is a valid IFSC code for State Bank of India MCTE MHOW branch in INDORE, MADHYA PRADESH. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SBIN0030523 belong to?
SBIN0030523 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 MCTE MHOW is 452002081. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SBIN0030523?
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.