State Bank of India IFSC Code
BAYAN Branch, BAYAN, BAYAN, MADHYA PRADESH
The official Indian Financial System Code (IFSC) for State Bank of India, BAYAN branch in BAYAN, MADHYA PRADESH is SBIN0007731. The MICR code for cheque clearance is 461002511.
Branch Fact Sheet & Electronic Routing Details
- Bank Name
- State Bank of India
- Branch Name
- BAYAN
- MICR Code
- City / District
- BAYAN (BAYAN)
- State
- MADHYA PRADESH
- Postal Pincode
- 466441
TEH BUDHNI, T SEHORE, MADHYA PRADESH 466441, Pincode: 466441
How to Read IFSC Code: SBIN0007731
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 (SBIN0007731)
What is the IFSC Code for State Bank of India BAYAN branch?
The IFSC Code for State Bank of India BAYAN branch in BAYAN, MADHYA PRADESH is SBIN0007731. It is used for NEFT, RTGS, and IMPS funds transfer.
What is the address of State Bank of India BAYAN branch?
The branch is located at: TEH BUDHNI, T SEHORE, MADHYA PRADESH 466441, Pincode: 466441, BAYAN, MADHYA PRADESH.
What is the MICR Code for State Bank of India BAYAN?
The MICR Code for electronic cheque clearing at State Bank of India BAYAN is 461002511.
How to decipher the IFSC code SBIN0007731?
The first 4 characters 'SBIN' represent State Bank of India. The 5th character is '0' reserved for future use. The last 6 characters '007731' represent the specific BAYAN branch code.
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