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SBIN0012161 - STATE BANK OF INDIA
SBIN0012161

STATE BANK OF INDIA

NEW MARKET ITARSI Branch • Itarsi • 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
SBIN0012161
Bank Name

STATE BANK OF INDIA

Branch Name

NEW MARKET ITARSI

City

Itarsi

State

Madhya Pradesh

Branch Address

NEAR CITY HARDWARE,BETUL ROAD,ITARSI,DIST HOSHANGABAD 461111

IFSC Code Breakdown

Bank Code SBIN
Check Digit 0
Branch Code 012161

Frequently Asked Questions

What is SBIN0012161 used for?

This IFSC code is used for electronic fund transfers (NEFT, RTGS, IMPS) to STATE BANK OF INDIA NEW MARKET ITARSI branch.

Is SBIN0012161 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).