IFSC Code of STATE BANK OF INDIA SHAHPUR

SBIN0002892

The IFSC Code of BETUL BETUL MADHYA PRADESH is SBIN0002892. The MICR code of BETUL BETUL MADHYA PRADESH of STATE BANK OF INDIA is 460002020.

The IFSC code (Indian Financial System Code) SBIN0002892 is an alphanumeric code that uniquely identifies the bank branch SHAHPUR, BETUL, MADHYA PRADESH. The IFSC code SBIN0002892 is used in Electronic Funds Settlement Systems: RTGS or NEFT.

The full address of STATE BANK OF INDIA SHAHPUR, BETUL, MADHYA PRADESH is BETUL, MADHYA PRADESH 460440

Bank	STATE BANK OF INDIA
IFSC	SBIN0002892
MICR	460002020
Branch	SHAHPUR
Address	BETUL, MADHYA PRADESH 460440
Contact	0
City	BETUL
District	BETUL
State	MADHYA PRADESH

What is an IFSC Code?

IFSC (Indian Financial System Code) is an 11-digit alphanumeric code that has a number of uses in banking sector. It is an identification code related to a specific bank branch. All type of payment process i.e., RTGS, NEFT, and IMPS need an IFSC code to complete the fund transfer.

Sample IFSC Code

Bank Name	IFSC Code
Shahpur	SBIN0002892
Canara Bank	CNRB0000791

How to Find IFSC Code SBIN0002892?

On Cheque Leaf & Passbook

You can find the IFSC code SBIN0002892 on the cheque book's leaf as well as on the passbook provided by your bank.

Bank's Official Website

A SBIN0002892 code can also be seen on the respective bank's official website

RBI Official Website

Another way to find IFSC code SBIN0002892 is from the official website of Reserve Bank of India, where you can see all the banks and respective branch list of IFSC codes.

Branch Locator Tool

Almost every bank's official website has included a branch locator tool. You can easily find here the IFSC code SBIN0002892 by using the tool and entering the state, city and branch name. Let's take an example, suppose you entered Uttar Pradesh in the state section and Ghaziabad in the City section and the Ghaziabad main branch in the branch name section. The tool will show you the correct IFSC code of the given branch

Uses of IFSC Code: SBIN0002892

Online Banking:- Also called internet banking or e-banking; allows you to make a transaction through the internet. It includes the following:

• NEFT:- It stands for National Electronic Fund Transfer. It allows users or customers to transfer funds from their bank account to recipient bank account of the same or different bank.
• RTGS:- Real Time Gross Settlement. It allows you to transfer a minimum limit of Rs 2 lakh rupees.
• IMPS:- Immediate Payment Service. It enables you to transfer funds in any time, meaning 24x7 and 365 days.
• Cross Bank Transfers:- The IFSC code is used to transfer funds between several banks even making use of the UPI (Unified Payment Interface).
• Automatic Payments:- You must have an IFSC code while setting up automatic payments.
• New Account Opening:- It is necessary to having an IFSC code when opening a new account or applying for a loan or linking a bank account.
• Tracking the Transactions:- The RBI requires for an IFSC code to track all the financial transactions.
• Low Risk of fraudness:- The IFSC code helps to reduce the risk of fraud, error, or hacking while transferring funds.

Format of IFSC Code: SBIN0002892

The 11 characters alphanumerical IFSC code is created in a flow where it denotes the first four characters as the bank’s name. The fifth character is zero (0), which can be used for future usage. The last six characters denote the branch of the respective bank.

S	B	I	N	0	0	0	2	8	9	2
Bank Code				Zero	Branch Code

Why IFSC Code SBIN0002892 is Required?

Before the online banking system and UPI payment method, funds were transferred using the traditional method. It required visiting the bank branch, filling up a form, and depositing the amount in the recipient’s bank account. With the advent of the internet, funds can now be transferred in just a few steps and within seconds.

Benefits of IFSC Code SBIN0002892

• Smooth Financial Transaction
• Rapid Funds Transferring Process
• Restricts the Risk of Fraud
• Enables Online Banking

How to Find MICR Code 460002020?

• You can easily find the MICR (Magnetic Ink Character Recognition) code on the bank passbook and on the cheque leaf.
• Another way to find the MICR code is by visiting the official website of your specific bank.

FAQs

SHAHPUR Near By STATE BANK OF INDIA IFSC Code

The near by STATE BANK OF INDIA IFSC Codes of BETUL are given below:

IFSC	Branch	Bank	District
SBIN0000327	BETUL	STATE BANK OF INDIA	BETUL
SBIN0001206	MULTAI	STATE BANK OF INDIA	BETUL
SBIN0003099	ADB AMLA	STATE BANK OF INDIA	BETUL
SBIN0003957	PATHAKHERA	STATE BANK OF INDIA	BETUL
SBIN0004219	KOTHI BAZAR BETUL	STATE BANK OF INDIA	BETUL
SBIN0004644	BHAINSDEHI	STATE BANK OF INDIA	BETUL
SBIN0004676	AFS AMLA	STATE BANK OF INDIA	BETUL
SBIN0005225	RBO BETUL	STATE BANK OF INDIA	BETUL
SBIN0005499	PRABHAT PATTAN	STATE BANK OF INDIA	BETUL
SBIN0005513	CHICHOLI	STATE BANK OF INDIA	BETUL
SBIN0006676	SARNI	STATE BANK OF INDIA	BETUL
SBIN0007344	BODKHI	STATE BANK OF INDIA	BETUL
SBIN0007723	KOLGAON	STATE BANK OF INDIA	BETUL
SBIN0007724	CHIRPATLA	STATE BANK OF INDIA	BETUL
SBIN0008073	SHOBHAPUR	STATE BANK OF INDIA	BETUL
SBIN0008285	ADARSH DHANORA	STATE BANK OF INDIA	BETUL
SBIN0009094	CHUNAHAJURI	STATE BANK OF INDIA	BETUL
SBIN0009267	KATAUD	STATE BANK OF INDIA	BETUL
SBIN0009411	DESHAWADI	STATE BANK OF INDIA	BETUL
SBIN0009932	NANDA	STATE BANK OF INDIA	BETUL
SBIN0010806	ATHNER	STATE BANK OF INDIA	BETUL
SBIN0012152	SADAR BETUL	STATE BANK OF INDIA	BETUL
SBIN0013887	RCPC BETUL	STATE BANK OF INDIA	BETUL
SBIN0017112	BHOURA	STATE BANK OF INDIA	BETUL
SBIN0030236	BETULGANJ BETUL	STATE BANK OF INDIA	BETUL
SBIN0030238	GANDHI CHOWK MULTAI	STATE BANK OF INDIA	BETUL