State Bank of India MAGADI Branch IFSC Code

SBIN 0040030
State Bank of India Logo State Bank of India
MAGADI — BANGALORE RURAL, KARNATAKA
MICR: 560002513 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
State Bank of India
Branch
MAGADI
IFSC Code
SBIN0040030
MICR Code
560002513
Address
MAGADI,BANGALORE,KARNATAKA, 562 120
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City
BANGALORE RURAL
District
MAGADI
State
KARNATAKA
Contact
+918027745032

How to Use This IFSC Code

NEFT Transfer

Use IFSC code SBIN0040030 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 SBIN0040030.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0040030.

IFSC Code Structure

S
B
I
N
0
0
4
0
0
3
0
  • SBIN — Bank code (State Bank of India)
  • 0 — Reserved (always 0)
  • 040030 — Branch code (MAGADI)

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Frequently Asked Questions

Is SBIN0040030 valid for online transfer?
Yes, SBIN0040030 is a valid IFSC code for State Bank of India MAGADI branch in BANGALORE RURAL, KARNATAKA. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SBIN0040030 belong to?
SBIN0040030 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 MAGADI is 560002513. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SBIN0040030?
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.