State Bank of India IFSC Code
BHIND-BHANDER ROAD, LAHAR Branch, LAHAR, LAHAR, MADHYA PRADESH
The official Indian Financial System Code (IFSC) for State Bank of India, BHIND-BHANDER ROAD, LAHAR branch in LAHAR, MADHYA PRADESH is SBIN0030124. The MICR code for cheque clearance is 477002502.
Branch Fact Sheet & Electronic Routing Details
- Bank Name
- State Bank of India
- Branch Name
- BHIND-BHANDER ROAD, LAHAR
- MICR Code
- City / District
- LAHAR (LAHAR)
- State
- MADHYA PRADESH
- Postal Pincode
- N/A
BHINDBHANDER ROAD,FRONT OF PWD REST HOUSE
How to Read IFSC Code: SBIN0030124
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 (SBIN0030124)
What is the IFSC Code for State Bank of India BHIND-BHANDER ROAD, LAHAR branch?
The IFSC Code for State Bank of India BHIND-BHANDER ROAD, LAHAR branch in LAHAR, MADHYA PRADESH is SBIN0030124. It is used for NEFT, RTGS, and IMPS funds transfer.
What is the address of State Bank of India BHIND-BHANDER ROAD, LAHAR branch?
The branch is located at: BHINDBHANDER ROAD,FRONT OF PWD REST HOUSE, LAHAR, MADHYA PRADESH.
What is the MICR Code for State Bank of India BHIND-BHANDER ROAD, LAHAR?
The MICR Code for electronic cheque clearing at State Bank of India BHIND-BHANDER ROAD, LAHAR is 477002502.
How to decipher the IFSC code SBIN0030124?
The first 4 characters 'SBIN' represent State Bank of India. The 5th character is '0' reserved for future use. The last 6 characters '030124' represent the specific BHIND-BHANDER ROAD, LAHAR branch code.
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