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SBIN0061087

STATE BANK OF INDIA

PALDA 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
SBIN0061087
Bank Name

STATE BANK OF INDIA

Branch Name

PALDA

City

Indore

State

Madhya Pradesh

Branch Address

SHOP NO.3,4 SURVEY NO. 368-2,326-1 AND 326-2 AT PALDA NEMAWAR ROAD, INDORE, DISTT.INDORE. M.P - 452020

Phone Number 9977985271

IFSC Code Breakdown

Bank Code SBIN
Check Digit 0
Branch Code 061087

Frequently Asked Questions

What is SBIN0061087 used for?

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

Is SBIN0061087 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).