State Bank of India Makronia Sagar Branch IFSC Code: SBIN0010855
Branch Code: 010855 | SAGAR, SAGAR, MADHYA PRADESH
The official Indian Financial System Code (IFSC) for State Bank of India, Makronia Sagar branch in SAGAR, MADHYA PRADESH is SBIN0010855. The MICR code for cheque clearance is 470002007.
Branch Fact Sheet & Electronic Routing Details
- Bank Name
- State Bank of India
- Branch Name
- MAKRONIA-SAGAR
- MICR Code
- City / District
- SAGAR (SAGAR)
- State
- MADHYA PRADESH
- Postal Pincode
- 470004
BRANCH MAKRONIA,SAGAR BANDA ROAD, SAGAR M P ,DIST SAUGOR 470004, Pincode: 470004
How to Read IFSC Code: SBIN0010855
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 (SBIN0010855)
Which bank does IFSC Code SBIN0010855 belong to?
IFSC Code SBIN0010855 belongs to State Bank of India for its MAKRONIA-SAGAR branch, located in SAGAR, MADHYA PRADESH. The 4-letter prefix 'SBIN' represents State Bank of India.
What is the IFSC Code for State Bank of India MAKRONIA-SAGAR branch?
The IFSC Code for State Bank of India MAKRONIA-SAGAR branch in SAGAR, MADHYA PRADESH is SBIN0010855. It is used for NEFT, RTGS, and IMPS funds transfer.
What is the address of State Bank of India MAKRONIA-SAGAR branch?
The branch is located at: BRANCH MAKRONIA,SAGAR BANDA ROAD, SAGAR M P ,DIST SAUGOR 470004, Pincode: 470004, SAGAR, MADHYA PRADESH.
What is the MICR Code for State Bank of India MAKRONIA-SAGAR?
The MICR Code for electronic cheque clearing at State Bank of India MAKRONIA-SAGAR is 470002007.
How to decipher the IFSC code SBIN0010855?
The first 4 characters 'SBIN' represent State Bank of India. The 5th character is '0' reserved for future use. The last 6 characters '010855' represent the specific MAKRONIA-SAGAR branch code.
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