State Bank of India MALOUT Branch IFSC Code
SBIN 0050242
State Bank of India MALOUT — MUKTSAR, PUNJAB
MICR: 152002204
RTGS: ✓
NEFT: ✓
IMPS: ✓
UPI: ✓
Branch Details
- Bank
- State Bank of India
- Branch
- MALOUT
- IFSC Code
- SBIN0050242
- MICR Code
- 152002204
- City
- MUKTSAR
- District
- MALOUT
- State
- PUNJAB
- Contact
- 262076
How to Use This IFSC Code
NEFT Transfer
Use IFSC code SBIN0050242 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 SBIN0050242.
IMPS Transfer
IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0050242.
IFSC Code Structure
S
B
I
N
0
0
5
0
2
4
2
- SBIN — Bank code (State Bank of India)
- 0 — Reserved (always 0)
- 050242 — Branch code (MALOUT)
Nearby State Bank of India Branches in MUKTSAR
MUKTSAR
SBIN0000683
ABOHAR RD MUKTSAR PUNJAB
MICR: 152002102 RTGS ✓ NEFT ✓ IMPS ✓
MALOUT
SBIN0001465
KARON ROAD, MALOUT, PUNJAB PIN-152107
MICR: 152002202 RTGS ✓ NEFT ✓ IMPS ✓
GIDDERBAHA
SBIN0001523
DISTT. MUKTSAR, PUNJAB 152101
MICR: 152002252 RTGS ✓ NEFT ✓ IMPS ✓
DODA ,FARIDKOT
SBIN0002339
DIST MUKTSAR, PUNJAB 15203
MICR: 152002221 RTGS ✓ NEFT ✓ IMPS ✓
RUPANA
SBIN0002464
MUKTSARPUNJAB 152010
MICR: 152002201 RTGS ✓ NEFT ✓ IMPS ✓
Frequently Asked Questions
Is SBIN0050242 valid for online transfer?
Yes, SBIN0050242 is a valid IFSC code for State Bank of India MALOUT branch in MUKTSAR, PUNJAB. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SBIN0050242 belong to?
SBIN0050242 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 MALOUT is 152002204. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SBIN0050242?
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.