State Bank of India (SBI) IFSC Code MICR No Details for 23 Branches in Raisen, Madhya Pradesh

 
 
 
 
List of State Bank of India (SBI) 23 Branches in Raisen of Madhya Pradesh State
SNo BRANCH NAME BRANCH ADDRESS
1ADB BARELIDIST RAISEN MADHYA PRADESH 464668
2BADIMAIN ROAD SQUARE, BADI, DISTT. RAISEN, MADHYA PRADESH PIN-464665
3BARELIN.H. 12, J.J. ROAD, POST-BARELI, TEHSIL-BARELI, DISTT.RAISEN. MADHYA PRADESH-464668
4BEGUMGANJDIST RAISEN MADHYA PRADESH 464881
5DEHGAONAT AND POST DEHGAON (DEVNAGAR), TEHSIL : GAIRATGANJ, DIST. RAISEN.MADHYA PRADESH-464573
6DEORIKALI CHOWK, DISTT RAISEN, MP 464774
7DHANDIABLOCK AND TEH BEGUGANJ, DT RAISEN, M P 464881
8GAIRATGANJGAIRATGANJ, NANDINI.NAGAR, NEAR.PANCHWATI.HOTEL, BHOPAL.SAGUR.ROAD, DIST464884
9KHARGONE-RAISENVILLAGE & POST:KHARGONE, TEHSIL-BARELI, DISTT.RAISEN. MADHYA PRADESH-464671
10MANDIDEEPMANDIDEEP DISTT. RAISEN, MADHYA PRADESH 462 046
11OBEDULLAGANJHOUSE OF PRAMOD K SINGHJABALPUR ROADOBEDULLAGANJ
12RAISENSAGAR RD, RAISEN
13RCPC BARELIJJ ROAD, BARELI, DISTT-RAISEN, MADHYA PRADESH
14SALAMATPURDIST RAISENSTATE MADHYA PRADESHPIN 464651
15SANCHIC/O GATEWAY RETREAT, M.P. TOURISM, BHOPAL-VIDISHA ROAD, SANCHI, DISTRICT : RAISEN (M.P.)-464661
16SANCHI UNIVERSITY OF BUDDHIST INDIC STUDIESVILLAGEBARLA, POSTMAKHANI, DISTT.RAISEN, MADHYAPRADESH 464551
17SEERMAUDIST RAISEN, M P 464886
18SILWANIDIST RAISEN, MADHYA PRADESH 464886
19SIMARIYA KHURDDIST RAISEN, M P 464671
20SME MANDIDEEPSETH PHOOLCHAND NAGAR, NH 12, MANDIDEEP, DISTT.RAISEN. M.P. - 462046
21SULTANPURH NO. 10, WARD NO 9, OPPOSITE BUS STAND, MAIN ROAD SULTANPUR DISTT: RAISEN-464986
22UDAIPURAJ. J. ROAD, DIST.-RAISEN, MADHYA PRADESH, PIN-464770
23VIDISHA ROAD-RAISENSANCHI ROAD,
What is IFSC Code of State Bank of India (SBI) in Raisen, Madhya Pradesh ?
The Indian Financial System Code (IFSC) is an alphanumeric code that uniquely identifies a Bank-Branch participating in National Electronic Funds Transfer (NEFT) and Real Time Gross Settlement (RTGS) Electronic Funds Settlement Systems in India. IFSC Code of SBI is provided by RBI. SBI IFSC Code identifies branch which participate in online fund transfers. IFSC code State Bank of India (SBI) Branch is a unique code for branch. SBI IFSC Code consists of 11 Characters:
(ex. AAAA00654321)
• First 4 characters represent the entity (AAAAxxxxxxx)
• Fifth position has been defaulted with a '0' (Zero) for future use (xxxx0xxxxxx)
• Last 6 character denotes the branch identity (xxxxx654321)

What is SWIFT CODE of SBI in Raisen, Madhya Pradesh ?
The Society for Worldwide Interbank Financial Telecommunication (SWIFT) (also known as ISO 9362, SWIFT-BIC, BIC code, SWIFT ID or SWIFT code) is approved by the International Organization for Standardization (ISO). It is a unique identification code for both financial and non-financial institutions. When assigned to a non-financial institution, a code may also be known as a Business Entity Identifier or BEI. These codes are used when transferring money between banks, particularly for international wire transfers, and also for the exchange of other messages between banks. The codes can sometimes be found on account statements. SWIFT and BIC codes are basically the same. The SWIFT code is 8 or 11 characters
Example: AAAAUK5CXXX
• AAAA 4 letters: Institution Code or bank code.
• UK 2 letters: ISO 3166-1 alpha-2 country code
• 5C 2 letters or digits: location code
• If the second character is "0", then it is typically a test BIC as opposed to a BIC used on the live network.
• If the second character is "1", then it denotes a passive participant in the SWIFT network
• If the second character is "2", then it typically indicates a reverse billing BIC, where the recipient pays for the message as opposed to the more usual mode whereby the sender pays for the message.
• XXX 3 letters or digits: branch code, optional ('XXX' for primary office)
Where an 8-digit code is given, it may be assumed that it refers to the primary office.


How to use SBI SWIFT, BIC Code in Raisen, Madhya Pradesh
Bank Identifier Code (BIC), SWIFT codes and Routing Code are basically the same. State Bank of India (SBI) SWIFT Code Bank used to Transfer fund to International banks branches. SWIFT, BIC Code Bank is provided the broadest coverage of national bank identifiers. BIC/SWIFT Code is identifying Bank Country branches. BIC Code of SBI is unique for each branch. These codes are used when transferring money between banks, particularly for international wire transfers, and also for the exchange of other messages between banks.
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IFSC: Indian Financial System Code
BSR: Basic Statistical Return
BIC: Bank Identifier Code
MICR: Magnetic ink character recognition
NEFT: National Electronic Funds Transfer
RTGS: Real Time Gross Settlement
CIN: Challan Identification Number
SWIFT: Society for Worldwide Interbank Financial Telecommunication
How to use State Bank of India (SBI) IFSC Code in NEFT & RGTS Transfer at Raisen, Madhya Pradesh
Real Time Gross Settlement (RTGS) & National Electronic Funds Transfer (NEFT) are a nation-wide online fund transfer system supported by RBI. RGTS & NEFT facilitates individuals (Saving Account), firms and corporate (Current Account) to transfer small and medium amount from any State Bank of India (SBI) branch to any individual Saving A/c, firm or corporate Current A/c having an account with any other Bank branch in the India. This information can also be used to do online Net banking, Electricity, Mobil, credit card Bill payments, health insurance premium payments, Flight, Bus and Train ticket booking, online shopping, loan emi payments, online Share equity Trading Fund Transfer, buying mutual funds, bonds, egold, Gold EFTs etc.

What is MICR No of State Bank of India (SBI) in Raisen, Madhya Pradesh and how is it used by a bank?
Magnetic ink character recognition (MICR) code can be seen on bottom of cheque leaf. State Bank of India (SBI) MICR No used by bank to process clearing of cheques and other operations. This code is printed by special ink and information can be read by using specific readers. MICR code SBI give information about bank code and account details of account holder etc. MICR code is made up of nine digits in which first 3 digits show name of city, Next 3 digits shows code of bank and last 3 digits shows name of branch of bank. MICR codes are for secure transaction.