State Bank of India PAPERTOWN Branch IFSC Code
SBIN 0040241
State Bank of India PAPERTOWN — SHIMOGA, KARNATAKA
MICR: 577002219
RTGS: ✓
NEFT: ✓
IMPS: ✓
UPI: ✓
Branch Details
- Bank
- State Bank of India
- Branch
- PAPERTOWN
- IFSC Code
- SBIN0040241
- MICR Code
- 577002219
- City
- SHIMOGA
- District
- SHIMOGA
- State
- KARNATAKA
- Contact
- +918282270342
How to Use This IFSC Code
NEFT Transfer
Use IFSC code SBIN0040241 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 SBIN0040241.
IMPS Transfer
IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0040241.
IFSC Code Structure
S
B
I
N
0
0
4
0
2
4
1
- SBIN — Bank code (State Bank of India)
- 0 — Reserved (always 0)
- 040241 — Branch code (PAPERTOWN)
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MICR: 577002202 RTGS ✓ NEFT ✓ IMPS ✓
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SBIN0011335
JAYALAKSHMI,COMPLEX,RANGAPPA,CIRCLE,NMC,MAIN,ROAD,BHADRAVATI577301
MICR: 577002207 RTGS ✓ NEFT ✓ IMPS ✓
Frequently Asked Questions
Is SBIN0040241 valid for online transfer?
Yes, SBIN0040241 is a valid IFSC code for State Bank of India PAPERTOWN branch in SHIMOGA, KARNATAKA. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SBIN0040241 belong to?
SBIN0040241 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 PAPERTOWN is 577002219. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SBIN0040241?
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.