State Bank of India Rajaram Timber Market Kolhapur Branch IFSC Code: SBIN0005550
Branch Code: 005550 | KOLHAPUR, KOLHAPUR, Maharashtra
The official Indian Financial System Code (IFSC) for State Bank of India, Rajaram Timber Market Kolhapur branch in KOLHAPUR, Maharashtra is SBIN0005550. The MICR code for cheque clearance is 416002008.
Branch Fact Sheet & Electronic Routing Details
- Bank Name
- State Bank of India
- Branch Name
- RAJARAM TIMBER MARKET, KOLHAPUR
- MICR Code
- City / District
- KOLHAPUR (KOLHAPUR)
- State
- Maharashtra
- Postal Pincode
- 416002
KALAMBA ROAD NEAR RACE COURSE NAKA KOLHAPUR DISTT KOLHAPUR MAHARASHTRA 416002, Pincode: 416002
How to Read IFSC Code: SBIN0005550
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 (SBIN0005550)
Which bank does IFSC Code SBIN0005550 belong to?
IFSC Code SBIN0005550 belongs to State Bank of India for its RAJARAM TIMBER MARKET, KOLHAPUR branch, located in KOLHAPUR, Maharashtra. The 4-letter prefix 'SBIN' represents State Bank of India.
What is the IFSC Code for State Bank of India RAJARAM TIMBER MARKET, KOLHAPUR branch?
The IFSC Code for State Bank of India RAJARAM TIMBER MARKET, KOLHAPUR branch in KOLHAPUR, Maharashtra is SBIN0005550. It is used for NEFT, RTGS, and IMPS funds transfer.
What is the address of State Bank of India RAJARAM TIMBER MARKET, KOLHAPUR branch?
The branch is located at: KALAMBA ROAD NEAR RACE COURSE NAKA KOLHAPUR DISTT KOLHAPUR MAHARASHTRA 416002, Pincode: 416002, KOLHAPUR, Maharashtra.
What is the MICR Code for State Bank of India RAJARAM TIMBER MARKET, KOLHAPUR?
The MICR Code for electronic cheque clearing at State Bank of India RAJARAM TIMBER MARKET, KOLHAPUR is 416002008.
How to decipher the IFSC code SBIN0005550?
The first 4 characters 'SBIN' represent State Bank of India. The 5th character is '0' reserved for future use. The last 6 characters '005550' represent the specific RAJARAM TIMBER MARKET, KOLHAPUR branch code.
Parent Directory Links
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