IFSC Code of State Bank of India, PARBHANI MAIN, PARBHANI

SBIN0020016

BankState Bank of India
IFSC CodeSBIN0020016
Branch Code020016 (last six characters of IFSC)
BranchPARBHANI MAIN
City / DistrictPARBHANI
StateMAHARASHTRA

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State Bank of India PARBHANI MAIN IFSC Code

The PARBHANI MAIN branch of State Bank of India located in PARBHANI, MAHARASHTRA is identified by the IFSC code SBIN0020016. 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 SBIN0020016

  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 SBIN0020016 to identify the PARBHANI MAIN 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, PARBHANI MAIN?
The IFSC code is SBIN0020016.

What is the branch code?
The branch code is 020016, the last six characters of the IFSC code.