IFSC Code of State Bank of India, MALSHIRAS, SOLAPUR

SBIN0011516

BankState Bank of India
IFSC CodeSBIN0011516
Branch Code011516 (last six characters of IFSC)
BranchMALSHIRAS
City / DistrictSOLAPUR
StateMAHARASHTRA

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State Bank of India MALSHIRAS IFSC Code

The MALSHIRAS branch of State Bank of India located in SOLAPUR, MAHARASHTRA is identified by the IFSC code SBIN0011516. 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 SBIN0011516

  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 SBIN0011516 to identify the MALSHIRAS 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, MALSHIRAS?
The IFSC code is SBIN0011516.

What is the branch code?
The branch code is 011516, the last six characters of the IFSC code.