State Bank of India Mugat Branch โ€” IFSC Code

NANDED, MAHARASHTRA

IFSC Code

SBIN0021937

IFSC CodeSBIN0021937
MICR Code431002583
BankState Bank of India
BranchMugat
CityNANDED
DistrictNANDED
StateMAHARASHTRA
AddressERMUGTBUSSTNDNDEDMUGTMINRODATPOSTMUGTTQMUDKHEDNDED
Contact+919730951661
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 SBIN0021937

  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: SBIN0021937
  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

SBIN0021937
โ†‘ Bank codeโ†‘ Reservedโ†‘ Branch code

Frequently Asked Questions

What is the IFSC code of State Bank of India Mugat?

The IFSC code is SBIN0021937. Use this for NEFT, RTGS, and IMPS transfers to State Bank of India Mugat branch in NANDED.

What is the MICR code of State Bank of India Mugat?

The MICR code is 431002583. MICR codes are used for cheque processing, not for digital transfers.

Is SBIN0021937 valid for UPI transfers?

UPI transfers using a UPI ID do not require IFSC โ€” the app resolves it automatically. Use SBIN0021937 only for NEFT, RTGS, or IMPS when adding a bank account manually.