IFSC Code of State Bank of India, NIPANIA INDORE, INDORE

SBIN0017721

BankState Bank of India
IFSC CodeSBIN0017721
Branch Code017721 (last six characters of IFSC)
BranchNIPANIA INDORE
City / DistrictINDORE
StateMADHYA PRADESH

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State Bank of India NIPANIA INDORE IFSC Code

The NIPANIA INDORE branch of State Bank of India located in INDORE, MADHYA PRADESH is identified by the IFSC code SBIN0017721. 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 SBIN0017721

  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 SBIN0017721 to identify the NIPANIA INDORE 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, NIPANIA INDORE?
The IFSC code is SBIN0017721.

What is the branch code?
The branch code is 017721, the last six characters of the IFSC code.