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SBIN0004241 - STATE BANK OF INDIA
SBIN0004241

STATE BANK OF INDIA

M.G. ROAD MARKET, INDORE Branch • Indore • Madhya Pradesh

Verified NEFT/RTGS/IMPS

How to Use This IFSC Code

NEFT

Up to ₹10 lakh, 2-3 hour settlement

RTGS

₹2 lakh and above, instant settlement

IMPS

24/7 instant transfers up to ₹5 lakh

Bank Branch Details

IFSC Code
SBIN0004241
Bank Name

STATE BANK OF INDIA

Branch Name

M.G. ROAD MARKET, INDORE

City

Indore

State

Madhya Pradesh

Branch Address

36,KHATIPURACHOKAR PLAZA, INDORE, MP 452007

IFSC Code Breakdown

Bank Code SBIN
Check Digit 0
Branch Code 004241

Frequently Asked Questions

What is SBIN0004241 used for?

This IFSC code is used for electronic fund transfers (NEFT, RTGS, IMPS) to STATE BANK OF INDIA M.G. ROAD MARKET, INDORE branch.

Is SBIN0004241 valid for online transfers?

Yes, this IFSC code is valid for all types of online transfers including UPI, net banking, and mobile banking.

What are the transfer limits for this branch?

NEFT: up to ₹10 lakh (usually). RTGS: Minimum ₹2 lakh. IMPS: Up to ₹5 lakh per day (standard limit).