IFSC Code of State Bank of India, BICHOLI MARDANA, INDORE

SBIN0018961

BankState Bank of India
IFSC CodeSBIN0018961
Branch Code018961 (last six characters of IFSC)
BranchBICHOLI MARDANA
City / DistrictINDORE
StateMADHYA PRADESH

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State Bank of India BICHOLI MARDANA IFSC Code

The BICHOLI MARDANA branch of State Bank of India located in INDORE, MADHYA PRADESH is identified by the IFSC code SBIN0018961. This 11-character code is issued by the Reserve Bank of India (RBI) and is required for electronic fund transfers such as NEFT, RTGS, IMPS and UPI.

How to transfer money using SBIN0018961

  1. Log in to your bank’s net banking or mobile banking app.
  2. Choose the NEFT, RTGS or IMPS transfer option.
  3. Add the beneficiary with account number and branch name.
  4. Enter IFSC code SBIN0018961 to identify the BICHOLI MARDANA branch.
  5. Enter the amount and confirm the transaction.

Difference between IFSC and MICR

AspectIFSC
Full formIndian Financial System Code
PurposeOnline money transfer (NEFT / RTGS / IMPS)
Format11-character alphanumeric
Issued byReserve Bank of India (RBI)

Frequently asked questions

What is the IFSC code of State Bank of India, BICHOLI MARDANA?
The IFSC code is SBIN0018961.

What is the branch code?
The branch code is 018961, the last six characters of the IFSC code.