State Bank of India Bicholi Mardana Branch โ€” IFSC Code

INDORE, MADHYA PRADESH

IFSC Code

SBIN0018961

IFSC CodeSBIN0018961
MICR Code452002114
BankState Bank of India
BranchBicholi Mardana
CityINDORE
DistrictINDORE
StateMADHYA PRADESH
AddressSHOPNO.G10,DILPASANDBUILDING,RCM4,IDASCHEMENO.140,SECTORB,DISTT.INDORE.INDORE,MP452010
Contact+919826249960
NEFT EnabledYes โœ…
RTGS EnabledYes โœ…
IMPS EnabledYes โœ…
UPI EnabledYes โœ…

๐Ÿ“…Data sourced from RBI IFSC directory. Last verified: May 2026.Verify at State Bank of India official site โ†’

How to Use IFSC Code SBIN0018961

  1. 1. Login to your bank's mobile app or net banking
  2. 2. Go to Fund Transfer โ†’ Add Beneficiary
  3. 3. Enter recipient's account number + IFSC: SBIN0018961
  4. 4. Wait 30 minโ€“24 hrs for beneficiary activation
  5. 5. Transfer via NEFT (free) or RTGS (โ‚น2L+, instant)

IFSC Code Format โ€” State Bank of India

SBIN0018961
โ†‘ Bank codeโ†‘ Reservedโ†‘ Branch code

Frequently Asked Questions

What is the IFSC code of State Bank of India Bicholi Mardana?

The IFSC code is SBIN0018961. Use this for NEFT, RTGS, and IMPS transfers to State Bank of India Bicholi Mardana branch in INDORE.

What is the MICR code of State Bank of India Bicholi Mardana?

The MICR code is 452002114. MICR codes are used for cheque processing, not for digital transfers.

Is SBIN0018961 valid for UPI transfers?

UPI transfers using a UPI ID do not require IFSC โ€” the app resolves it automatically. Use SBIN0018961 only for NEFT, RTGS, or IMPS when adding a bank account manually.