IFSC Code of State Bank of India, PAPERTOWN, SHIMOGA

SBIN0040241

BankState Bank of India
IFSC CodeSBIN0040241
Branch Code040241 (last six characters of IFSC)
BranchPAPERTOWN
City / DistrictSHIMOGA
StateKARNATAKA

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State Bank of India PAPERTOWN IFSC Code

The PAPERTOWN branch of State Bank of India located in SHIMOGA, KARNATAKA is identified by the IFSC code SBIN0040241. 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 SBIN0040241

  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 SBIN0040241 to identify the PAPERTOWN 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, PAPERTOWN?
The IFSC code is SBIN0040241.

What is the branch code?
The branch code is 040241, the last six characters of the IFSC code.