State Bank of India IFSC Code
NEORI HILLS Branch, BHOPAL, BHOPAL, MADHYA PRADESH
The official Indian Financial System Code (IFSC) for State Bank of India, NEORI HILLS branch in BHOPAL, MADHYA PRADESH is SBIN0016068. The MICR code for cheque clearance is 462002091.
Branch Fact Sheet & Electronic Routing Details
- Bank Name
- State Bank of India
- Branch Name
- NEORI HILLS
- MICR Code
- City / District
- BHOPAL (BHOPAL)
- State
- MADHYA PRADESH
- Postal Pincode
- 462038
BLDG. NO. DM 39 A , DRONANCHAL TOP, NEORI HILLS, AIR PORT ROAD, BHOPAL,MADHYA PRADESH 462038, Pincode: 462038
How to Read IFSC Code: SBIN0016068
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 (SBIN0016068)
What is the IFSC Code for State Bank of India NEORI HILLS branch?
The IFSC Code for State Bank of India NEORI HILLS branch in BHOPAL, MADHYA PRADESH is SBIN0016068. It is used for NEFT, RTGS, and IMPS funds transfer.
What is the address of State Bank of India NEORI HILLS branch?
The branch is located at: BLDG. NO. DM 39 A , DRONANCHAL TOP, NEORI HILLS, AIR PORT ROAD, BHOPAL,MADHYA PRADESH 462038, Pincode: 462038, BHOPAL, MADHYA PRADESH.
What is the MICR Code for State Bank of India NEORI HILLS?
The MICR Code for electronic cheque clearing at State Bank of India NEORI HILLS is 462002091.
How to decipher the IFSC code SBIN0016068?
The first 4 characters 'SBIN' represent State Bank of India. The 5th character is '0' reserved for future use. The last 6 characters '016068' represent the specific NEORI HILLS branch code.
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