State Bank of India NERI Branch IFSC Code
SBIN 0061568
State Bank of India NERI — NERI, MAHARASHTRA
MICR: 425002505
RTGS: ✓
NEFT: ✓
IMPS: ✓
UPI: ✓
Branch Details
- Bank
- State Bank of India
- Branch
- NERI
- IFSC Code
- SBIN0061568
- MICR Code
- 425002505
- City
- NERI
- District
- NERI
- State
- MAHARASHTRA
How to Use This IFSC Code
NEFT Transfer
Use IFSC code SBIN0061568 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 SBIN0061568.
IMPS Transfer
IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0061568.
IFSC Code Structure
S
B
I
N
0
0
6
1
5
6
8
- SBIN — Bank code (State Bank of India)
- 0 — Reserved (always 0)
- 061568 — Branch code (NERI)
Frequently Asked Questions
Is SBIN0061568 valid for online transfer?
Yes, SBIN0061568 is a valid IFSC code for State Bank of India NERI branch in NERI, MAHARASHTRA. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SBIN0061568 belong to?
SBIN0061568 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 NERI is 425002505. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SBIN0061568?
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.