State Bank of India MUSAKHEDI Branch IFSC Code

SBIN 0061103
State Bank of India Logo State Bank of India
MUSAKHEDI — INDORE, MADHYA PRADESH
MICR: 452002118 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
State Bank of India
Branch
MUSAKHEDI
IFSC Code
SBIN0061103
MICR Code
452002118
Address
IDA COLONY, RING ROAD, INDORE, DISTT. INDORE. M.P 452001
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City
INDORE
District
INDORE
State
MADHYA PRADESH
Contact
+917748822398

How to Use This IFSC Code

NEFT Transfer

Use IFSC code SBIN0061103 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 SBIN0061103.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0061103.

IFSC Code Structure

S
B
I
N
0
0
6
1
1
0
3
  • SBIN — Bank code (State Bank of India)
  • 0 — Reserved (always 0)
  • 061103 — Branch code (MUSAKHEDI)

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Frequently Asked Questions

Is SBIN0061103 valid for online transfer?
Yes, SBIN0061103 is a valid IFSC code for State Bank of India MUSAKHEDI branch in INDORE, MADHYA PRADESH. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SBIN0061103 belong to?
SBIN0061103 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 MUSAKHEDI is 452002118. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SBIN0061103?
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.