STATE BANK OF INDIA
RACC INDORE FI AND MM Branch • Indore • Madhya Pradesh
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
RACC INDORE FI AND MM
Indore
Madhya Pradesh
INDORE NAKA BRANCH, DEPALPUR,
IFSC Code Breakdown
Frequently Asked Questions
What is SBIN0062563 used for?
This IFSC code is used for electronic fund transfers (NEFT, RTGS, IMPS) to STATE BANK OF INDIA RACC INDORE FI AND MM branch.
Is SBIN0062563 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).