State Bank of India New Market Itarsi Branch โ€” IFSC Code

HOSHANGABAD, MADHYA PRADESH

IFSC Code

SBIN0012161

IFSC CodeSBIN0012161
MICR Code461002203
BankState Bank of India
BranchNew Market Itarsi
CityHOSHANGABAD
DistrictITARSI
StateMADHYA PRADESH
AddressNEAR CITY HARDWARE,BETUL ROAD,ITARSI,DIST HOSHANGABAD 461111
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 SBIN0012161

  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: SBIN0012161
  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

SBIN0012161
โ†‘ Bank codeโ†‘ Reservedโ†‘ Branch code

Frequently Asked Questions

What is the IFSC code of State Bank of India New Market Itarsi?

The IFSC code is SBIN0012161. Use this for NEFT, RTGS, and IMPS transfers to State Bank of India New Market Itarsi branch in HOSHANGABAD.

What is the MICR code of State Bank of India New Market Itarsi?

The MICR code is 461002203. MICR codes are used for cheque processing, not for digital transfers.

Is SBIN0012161 valid for UPI transfers?

UPI transfers using a UPI ID do not require IFSC โ€” the app resolves it automatically. Use SBIN0012161 only for NEFT, RTGS, or IMPS when adding a bank account manually.