State Bank of India Mid Corporate Branch, Lower Parel, Mumbai Branch โ€” IFSC Code

GREATER BOMBAY, MAHARASHTRA

IFSC Code

SBIN0031278

IFSC CodeSBIN0031278
MICR Code400002396
BankState Bank of India
BranchMid Corporate Branch, Lower Parel, Mumbai
CityGREATER BOMBAY
DistrictMUMBAI
StateMAHARASHTRA
AddressWELSPUN HOUSE, KAMLA MILL COMPOUND, SENAPATI BAPAT MARG, LOWER PAREL W MUMBAI
Contact+912224923302
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 SBIN0031278

  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: SBIN0031278
  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

SBIN0031278
โ†‘ Bank codeโ†‘ Reservedโ†‘ Branch code

Frequently Asked Questions

What is the IFSC code of State Bank of India Mid Corporate Branch, Lower Parel, Mumbai?

The IFSC code is SBIN0031278. Use this for NEFT, RTGS, and IMPS transfers to State Bank of India Mid Corporate Branch, Lower Parel, Mumbai branch in GREATER BOMBAY.

What is the MICR code of State Bank of India Mid Corporate Branch, Lower Parel, Mumbai?

The MICR code is 400002396. MICR codes are used for cheque processing, not for digital transfers.

Is SBIN0031278 valid for UPI transfers?

UPI transfers using a UPI ID do not require IFSC โ€” the app resolves it automatically. Use SBIN0031278 only for NEFT, RTGS, or IMPS when adding a bank account manually.