State Bank of India Muhandra Branch IFSC Code: SBIN0015311
Branch Code: 015311 | MUHANDRA, MUHANDRA, MADHYA PRADESH
The official Indian Financial System Code (IFSC) for State Bank of India, Muhandra branch in MUHANDRA, MADHYA PRADESH is SBIN0015311. The MICR code for cheque clearance is 488002515.
Branch Fact Sheet & Electronic Routing Details
- Bank Name
- State Bank of India
- Branch Name
- MUHANDRA
- MICR Code
- City / District
- MUHANDRA (MUHANDRA)
- State
- MADHYA PRADESH
- Postal Pincode
- 488442
VILLAGEPOST MUHANDRA,TEHSIL PAWAI,DIST. PANNA, MADHYA PRADESH 488442, Pincode: 488442
Banks Open Per Published Schedule
Earn up to 7% p.a. on Fixed Deposits
Senior citizens receive an additional premium up to 7.5% p.a.
Local Financial Pulse: MUHANDRA, MADHYA PRADESH
How to Read IFSC Code: SBIN0015311
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 (SBIN0015311)
Which bank does IFSC Code SBIN0015311 belong to?
IFSC Code SBIN0015311 belongs to State Bank of India for its MUHANDRA branch, located in MUHANDRA, MADHYA PRADESH. The 4-letter prefix 'SBIN' represents State Bank of India.
What is the IFSC Code for State Bank of India MUHANDRA branch?
The IFSC Code for State Bank of India MUHANDRA branch in MUHANDRA, MADHYA PRADESH is SBIN0015311. It is used for NEFT, RTGS, and IMPS funds transfer.
What is the address of State Bank of India MUHANDRA branch?
The branch is located at: VILLAGEPOST MUHANDRA,TEHSIL PAWAI,DIST. PANNA, MADHYA PRADESH 488442, Pincode: 488442, MUHANDRA, MADHYA PRADESH.
What is the MICR Code for State Bank of India MUHANDRA?
The MICR Code for electronic cheque clearing at State Bank of India MUHANDRA is 488002515.
How to decipher the IFSC code SBIN0015311?
The first 4 characters 'SBIN' represent State Bank of India. The 5th character is '0' reserved for future use. The last 6 characters '015311' represent the specific MUHANDRA branch code.
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