State Bank of India COLABA MARKET Branch IFSC Code
SBIN 0061523
State Bank of India COLABA MARKET — COLABA, MAHARASHTRA
MICR: 400002017
RTGS: ✓
NEFT: ✓
IMPS: ✓
UPI: ✓
Branch Details
- Bank
- State Bank of India
- Branch
- COLABA MARKET
- IFSC Code
- SBIN0061523
- MICR Code
- 400002017
- Address
- SHOP NO 6 AND 7, PRESIDENT HOUSE, OPP. SASOON DOCK, WAREHOUSE ROAD, COLABA, MUMBAI 400005 Open in Google Maps
- City
- COLABA
- District
- COLABA
- State
- MAHARASHTRA
- Contact
- +919987385022
How to Use This IFSC Code
NEFT Transfer
Use IFSC code SBIN0061523 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 SBIN0061523.
IMPS Transfer
IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0061523.
IFSC Code Structure
S
B
I
N
0
0
6
1
5
2
3
- SBIN — Bank code (State Bank of India)
- 0 — Reserved (always 0)
- 061523 — Branch code (COLABA MARKET)
Frequently Asked Questions
Is SBIN0061523 valid for online transfer?
Yes, SBIN0061523 is a valid IFSC code for State Bank of India COLABA MARKET branch in COLABA, MAHARASHTRA. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SBIN0061523 belong to?
SBIN0061523 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 COLABA MARKET is 400002017. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SBIN0061523?
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.