State Bank of India Akot Branch IFSC Code: SBIN0000307
Branch Code: 000307 | AKOT, AKOT, Maharashtra
The official Indian Financial System Code (IFSC) for State Bank of India, Akot branch in AKOT, Maharashtra is SBIN0000307. The MICR code for cheque clearance is 444002152.
Branch Fact Sheet & Electronic Routing Details
- Bank Name
- State Bank of India
- Branch Name
- AKOT
- MICR Code
- City / District
- AKOT (AKOT)
- State
- Maharashtra
- Postal Pincode
- 444101
AKOLA RD., AKOT - 444101, AKOLA ., Pincode: 444101
How to Read IFSC Code: SBIN0000307
An Indian Financial System Code (IFSC) is a unique 11-character alphanumeric code assigned by the Reserve Bank of India to identify bank branches for electronic payment systems.
First 4 alphabetic characters identify State Bank of India.
5th character is always numeral '0', reserved for future use.
Last 6 alphanumeric characters identify the specific physical branch.
Payment Systems Supported by this IFSC Code
| Payment System | Settlement Time | Minimum Amount | Availability | Ideal For |
|---|---|---|---|---|
| NEFT (National Electronic Funds Transfer) | Half-hourly batches | ₹1 (No minimum) | 24x7x365 | Routine bills, small & medium transactions |
| RTGS (Real Time Gross Settlement) | Real-time instant | ₹2,00,000 | 24x7x365 | High-value urgent financial transfers |
| IMPS (Immediate Payment Service) | Immediate | ₹1 (Max ₹5 Lakh) | 24x7x365 | Instant mobile banking & emergency transfers |
Frequently Asked Questions: State Bank of India (SBIN0000307)
Which bank does IFSC Code SBIN0000307 belong to?
IFSC Code SBIN0000307 belongs to State Bank of India for its AKOT branch, located in AKOT, Maharashtra. The 4-letter prefix 'SBIN' represents State Bank of India.
What is the IFSC Code for State Bank of India AKOT branch?
The IFSC Code for State Bank of India AKOT branch in AKOT, Maharashtra is SBIN0000307. It is used for NEFT, RTGS, and IMPS funds transfer.
What is the address of State Bank of India AKOT branch?
The branch is located at: AKOLA RD., AKOT - 444101, AKOLA ., Pincode: 444101, AKOT, Maharashtra.
What is the MICR Code for State Bank of India AKOT?
The MICR Code for electronic cheque clearing at State Bank of India AKOT is 444002152.
How to decipher the IFSC code SBIN0000307?
The first 4 characters 'SBIN' represent State Bank of India. The 5th character is '0' reserved for future use. The last 6 characters '000307' represent the specific AKOT branch code.
Parent Directory Links
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