State Bank of India MACHENAHALLI Branch IFSC Code
SBIN 0040423
State Bank of India MACHENAHALLI — SHIMOGA, KARNATAKA
MICR: 577002124
RTGS: ✓
NEFT: ✓
IMPS: ✓
UPI: ✓
Branch Details
- Bank
- State Bank of India
- Branch
- MACHENAHALLI
- IFSC Code
- SBIN0040423
- MICR Code
- 577002124
- City
- SHIMOGA
- District
- MACHENAHALLY
- State
- KARNATAKA
- Contact
- +918182246117
How to Use This IFSC Code
NEFT Transfer
Use IFSC code SBIN0040423 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 SBIN0040423.
IMPS Transfer
IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0040423.
IFSC Code Structure
S
B
I
N
0
0
4
0
4
2
3
- SBIN — Bank code (State Bank of India)
- 0 — Reserved (always 0)
- 040423 — Branch code (MACHENAHALLI)
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MICR: 577002202 RTGS ✓ NEFT ✓ IMPS ✓
SAGARA
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MICR: 577002011 RTGS ✓ NEFT ✓ IMPS ✓
SHANKARAGHATTA
SBIN0008035
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MICR: 577002529 RTGS ✓ NEFT ✓ IMPS ✓
BHADRAVATI
SBIN0011335
JAYALAKSHMI,COMPLEX,RANGAPPA,CIRCLE,NMC,MAIN,ROAD,BHADRAVATI577301
MICR: 577002207 RTGS ✓ NEFT ✓ IMPS ✓
Frequently Asked Questions
Is SBIN0040423 valid for online transfer?
Yes, SBIN0040423 is a valid IFSC code for State Bank of India MACHENAHALLI branch in SHIMOGA, KARNATAKA. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SBIN0040423 belong to?
SBIN0040423 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 MACHENAHALLI is 577002124. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SBIN0040423?
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.