State Bank of India Yengaon Branch IFSC Code: SBIN0016118
Branch Code: 016118 | YENGAON, YENGAON, Maharashtra
The official Indian Financial System Code (IFSC) for State Bank of India, Yengaon branch in YENGAON, Maharashtra is SBIN0016118. The MICR code for cheque clearance is 425002332.
Branch Fact Sheet & Electronic Routing Details
- Bank Name
- State Bank of India
- Branch Name
- YENGAON
- MICR Code
- City / District
- YENGAON (YENGAON)
- State
- Maharashtra
- Postal Pincode
- 425310
AT POST YENGAON TQ BODWAD DIST .JALGAON, MAHARASHTRA 425310, Pincode: 425310
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: YENGAON, Maharashtra
How to Read IFSC Code: SBIN0016118
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 (SBIN0016118)
Which bank does IFSC Code SBIN0016118 belong to?
IFSC Code SBIN0016118 belongs to State Bank of India for its YENGAON branch, located in YENGAON, Maharashtra. The 4-letter prefix 'SBIN' represents State Bank of India.
What is the IFSC Code for State Bank of India YENGAON branch?
The IFSC Code for State Bank of India YENGAON branch in YENGAON, Maharashtra is SBIN0016118. It is used for NEFT, RTGS, and IMPS funds transfer.
What is the address of State Bank of India YENGAON branch?
The branch is located at: AT POST YENGAON TQ BODWAD DIST .JALGAON, MAHARASHTRA 425310, Pincode: 425310, YENGAON, Maharashtra.
What is the MICR Code for State Bank of India YENGAON?
The MICR Code for electronic cheque clearing at State Bank of India YENGAON is 425002332.
How to decipher the IFSC code SBIN0016118?
The first 4 characters 'SBIN' represent State Bank of India. The 5th character is '0' reserved for future use. The last 6 characters '016118' represent the specific YENGAON branch code.
Parent Directory Links
Other Bank Branches in Pincode 425310
View All in Pincode →Need help verifying this IFSC Code before sending money?
Read our step-by-step checklist on confirming bank IFSC codes, cheque MICR numbers, and recipient details.