IFSC CODE DETAILS

STATE BANK OF INDIA

AKOLA Branch

SBIN0000306

Branch Information

IFSC Code SBIN0000306
Bank STATE BANK OF INDIA
Branch AKOLA
Address NR. TOWER, AKOLA-444001
City AKOLA MAIN
District AKOLA
State MAHARASHTRA
PIN Code 444001
STD Code 0

Understanding IFSC Code SBIN0000306

SBIN
Bank Code
0
Reserved
000306
Branch Code
  • SBIN: identifies STATE BANK OF INDIA
  • 0: reserved digit (always 0 for future use)
  • 000306: identifies the AKOLA branch in AKOLA MAIN, MAHARASHTRA

Frequently Asked Questions: SBIN0000306

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

The IFSC code of STATE BANK OF INDIA AKOLA branch is SBIN0000306. This code is used for NEFT, RTGS, and IMPS fund transfers to this branch in AKOLA MAIN, MAHARASHTRA (PIN 444001).

What does the IFSC code SBIN0000306 mean?

SBIN identifies STATE BANK OF INDIA, 0 is a reserved digit (always 0), and 000306 identifies the AKOLA branch. Together they form the 11-character IFSC code assigned by the Reserve Bank of India.

Where is STATE BANK OF INDIA AKOLA branch located?

STATE BANK OF INDIA AKOLA branch is located at NR. TOWER, AKOLA-444001. PIN code: 444001.

Can I use SBIN0000306 for NEFT, RTGS, IMPS and UPI?

Yes, SBIN0000306 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 AKOLA.

What is the MICR code for STATE BANK OF INDIA AKOLA 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 SBIN0000306 still active?

Based on RBI records, SBIN0000306 is an active IFSC code assigned to STATE BANK OF INDIA AKOLA in AKOLA MAIN, 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: 444001

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