State Bank of India BALGANUR IFSC Code
State Bank of India BALGANUR IFSC Code (SBIN0020216), MICR, address and contact information.
State Bank of India, BALGANUR Branch Details
| Bank Name | State Bank of India |
|---|---|
| IFSC Code | SBIN0020216 |
| MICR Code | 584002205 |
| Branch Name | BALGANUR |
| Address | IDARTQRAICRDITRICT |
| Contact Number | +918535258622 |
| City / District | RAICHUR / RAICHUR |
| State | KARNATAKA |
IFSC Code Format Breakdown
IFSC vs MICR Code
| IFSC Code (Indian Financial System Code) | MICR Code (Magnetic Ink Character Recognition) |
|---|---|
| Used for online fund transfers (NEFT, RTGS, IMPS). | Used for clearing physical cheques in the clearing house. |
| 11-character alphanumeric code. | 9-digit numeric code. |
| Can be found on cheque books and bank passbooks. | Printed at the bottom of the cheque using magnetic ink. |
Fund Transfer Limits & Timings
| Transfer Type | Minimum Limit | Maximum Limit | Timings |
|---|---|---|---|
| NEFT | ₹1 | No limit (varies by bank/account type) | 24x7, 365 Days |
| RTGS | ₹2,00,000 | No limit (varies by bank/account type) | 24x7, 365 Days |
| IMPS | ₹1 | ₹5,00,000 | 24x7, 365 Days (Instant) |
How to Use State Bank of India BALGANUR IFSC Code
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Who Uses State Bank of India BALGANUR IFSC Code?
Anyone transferring money online, accountants, business owners, and individuals verifying bank details.
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Frequently Asked Questions
What is the IFSC code for State Bank of India BALGANUR?
The IFSC code for State Bank of India BALGANUR is SBIN0020216. This code is essential for making online fund transfers like NEFT, RTGS, and IMPS to this branch.
What is the MICR code for State Bank of India BALGANUR?
The MICR code is 584002205. It is used by the clearing house to process physical cheques faster.
Where is State Bank of India BALGANUR located?
The branch is located at IDARTQRAICRDITRICT, RAICHUR, KARNATAKA.
What is the contact number for State Bank of India BALGANUR?
The contact number for this branch is +918535258622. If it shows 'Not Available', you can try contacting the State Bank of India customer care toll-free number.
Can I transfer funds to State Bank of India BALGANUR using NEFT or RTGS?
Yes, you can transfer funds to this branch using NEFT, RTGS, or IMPS. Simply use the IFSC code SBIN0020216 along with the correct account number.