State Bank of India Pawai Branch IFSC Code: SBIN0002883
Branch Code: 002883 | PAWAI, PAWAI, MADHYA PRADESH
The official Indian Financial System Code (IFSC) for State Bank of India, Pawai branch in PAWAI, MADHYA PRADESH is SBIN0002883. The MICR code for cheque clearance is 488002501.
Branch Fact Sheet & Electronic Routing Details
- Bank Name
- State Bank of India
- Branch Name
- PAWAI
- MICR Code
- City / District
- PAWAI (PAWAI)
- State
- MADHYA PRADESH
- Postal Pincode
- 488446
DIST PANNA, M P 488446, Pincode: 488446
How to Read IFSC Code: SBIN0002883
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 (SBIN0002883)
Which bank does IFSC Code SBIN0002883 belong to?
IFSC Code SBIN0002883 belongs to State Bank of India for its PAWAI branch, located in PAWAI, MADHYA PRADESH. The 4-letter prefix 'SBIN' represents State Bank of India.
What is the IFSC Code for State Bank of India PAWAI branch?
The IFSC Code for State Bank of India PAWAI branch in PAWAI, MADHYA PRADESH is SBIN0002883. It is used for NEFT, RTGS, and IMPS funds transfer.
What is the address of State Bank of India PAWAI branch?
The branch is located at: DIST PANNA, M P 488446, Pincode: 488446, PAWAI, MADHYA PRADESH.
What is the MICR Code for State Bank of India PAWAI?
The MICR Code for electronic cheque clearing at State Bank of India PAWAI is 488002501.
How to decipher the IFSC code SBIN0002883?
The first 4 characters 'SBIN' represent State Bank of India. The 5th character is '0' reserved for future use. The last 6 characters '002883' represent the specific PAWAI branch code.
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