STATE BANK OF INDIA
PREMNAGAR Branch • Berhampur • Odisha
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
STATE BANK OF INDIA
PREMNAGAR
Berhampur
Odisha
MAIN ROAD, PREMNAGAR, BERHAMPUR, DIST. GANJAM, ODISHA 760002
IFSC Code Breakdown
Frequently Asked Questions
What is SBIN0016586 used for?
This IFSC code is used for electronic fund transfers (NEFT, RTGS, IMPS) to STATE BANK OF INDIA PREMNAGAR branch.
Is SBIN0016586 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).