State Bank of India Cloth Market Indore Branch โ€” IFSC Code

INDORE, MADHYA PRADESH

IFSC Code

SBIN0030020

IFSC CodeSBIN0030020
MICR Code452002038
BankState Bank of India
BranchCloth Market Indore
CityINDORE
DistrictINDORE
StateMADHYA PRADESH
Address73,SITLAMATA BAZAR
Contactโ€”
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 SBIN0030020

  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: SBIN0030020
  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

SBIN0030020
โ†‘ Bank codeโ†‘ Reservedโ†‘ Branch code

Frequently Asked Questions

What is the IFSC code of State Bank of India Cloth Market Indore?

The IFSC code is SBIN0030020. Use this for NEFT, RTGS, and IMPS transfers to State Bank of India Cloth Market Indore branch in INDORE.

What is the MICR code of State Bank of India Cloth Market Indore?

The MICR code is 452002038. MICR codes are used for cheque processing, not for digital transfers.

Is SBIN0030020 valid for UPI transfers?

UPI transfers using a UPI ID do not require IFSC โ€” the app resolves it automatically. Use SBIN0030020 only for NEFT, RTGS, or IMPS when adding a bank account manually.