State Bank of India INDORE Branch IFSC Code

SBIN 0050590
State Bank of India Logo State Bank of India
INDORE — INDORE, MADHYA PRADESH
MICR: 452002109 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
State Bank of India
Branch
INDORE
IFSC Code
SBIN0050590
MICR Code
452002109
Address
USHA NAGAR INDORE
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City
INDORE
District
INDORE
State
MADHYA PRADESH
Contact
481080

How to Use This IFSC Code

NEFT Transfer

Use IFSC code SBIN0050590 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 SBIN0050590.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0050590.

IFSC Code Structure

S
B
I
N
0
0
5
0
5
9
0
  • SBIN — Bank code (State Bank of India)
  • 0 — Reserved (always 0)
  • 050590 — Branch code (INDORE)

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Frequently Asked Questions

Is SBIN0050590 valid for online transfer?
Yes, SBIN0050590 is a valid IFSC code for State Bank of India INDORE branch in INDORE, MADHYA PRADESH. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SBIN0050590 belong to?
SBIN0050590 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 INDORE is 452002109. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SBIN0050590?
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.