State Bank of India Palda Branch โ€” IFSC Code

INDORE, MADHYA PRADESH

IFSC Code

SBIN0061087

IFSC CodeSBIN0061087
MICR Code452002116
BankState Bank of India
BranchPalda
CityINDORE
DistrictINDORE
StateMADHYA PRADESH
AddressSHOP NO.3,4 SURVEY NO. 368-2,326-1 AND 326-2 AT PALDA NEMAWAR ROAD, INDORE, DISTT.INDORE. M.P - 452020
Contact+919977985271
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 SBIN0061087

  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: SBIN0061087
  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

SBIN0061087
โ†‘ Bank codeโ†‘ Reservedโ†‘ Branch code

Frequently Asked Questions

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

The IFSC code is SBIN0061087. Use this for NEFT, RTGS, and IMPS transfers to State Bank of India Palda branch in INDORE.

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

The MICR code is 452002116. MICR codes are used for cheque processing, not for digital transfers.

Is SBIN0061087 valid for UPI transfers?

UPI transfers using a UPI ID do not require IFSC โ€” the app resolves it automatically. Use SBIN0061087 only for NEFT, RTGS, or IMPS when adding a bank account manually.