IFSC CODE DETAILS

STATE BANK OF INDIA

BALAPUR Branch

SBIN0000294

Branch Information

IFSC Code SBIN0000294
Bank STATE BANK OF INDIA
Branch BALAPUR
Address AKOLA MAHARASHTRA 444302
City BALAPUR
District AKOLA
State MAHARASHTRA
PIN Code 444302

Understanding IFSC Code SBIN0000294

SBIN
Bank Code
0
Reserved
000294
Branch Code
  • SBIN: identifies STATE BANK OF INDIA
  • 0: reserved digit (always 0 for future use)
  • 000294: identifies the BALAPUR branch in BALAPUR, MAHARASHTRA

Frequently Asked Questions: SBIN0000294

What is the IFSC code of STATE BANK OF INDIA BALAPUR branch?

The IFSC code of STATE BANK OF INDIA BALAPUR branch is SBIN0000294. This code is used for NEFT, RTGS, and IMPS fund transfers to this branch in BALAPUR, MAHARASHTRA (PIN 444302).

What does the IFSC code SBIN0000294 mean?

SBIN identifies STATE BANK OF INDIA, 0 is a reserved digit (always 0), and 000294 identifies the BALAPUR branch. Together they form the 11-character IFSC code assigned by the Reserve Bank of India.

Where is STATE BANK OF INDIA BALAPUR branch located?

STATE BANK OF INDIA BALAPUR branch is located at AKOLA MAHARASHTRA 444302. PIN code: 444302.

Can I use SBIN0000294 for NEFT, RTGS, IMPS and UPI?

Yes, SBIN0000294 is valid for all electronic transfers: NEFT (24x7, batch settlement), RTGS (real-time, minimum Rs 2 lakh), IMPS (instant, 24x7, up to Rs 5 lakh), and UPI (IFSC is used internally for bank routing in all UPI transactions). Enter this code with the account number to transfer funds to STATE BANK OF INDIA BALAPUR.

What is the MICR code for STATE BANK OF INDIA BALAPUR branch?

MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque clearing and processing. Unlike the IFSC code used for online transfers, the MICR code is printed at the bottom of your cheque leaf using magnetic ink and is read by automated clearing machines.

Is the IFSC code SBIN0000294 still active?

Based on RBI records, SBIN0000294 is an active IFSC code assigned to STATE BANK OF INDIA BALAPUR in BALAPUR, MAHARASHTRA. If you receive a transaction failure citing this IFSC, contact STATE BANK OF INDIA directly or verify on the RBI website, as codes may be updated following bank mergers or branch relocations.

Verify Before You Transfer

Always confirm the IFSC code directly with STATE BANK OF INDIA or the RBI before initiating a high-value transfer.

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PIN code for this branch: 444302

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