State Bank of India Punasa Branch โ€” IFSC Code

KHANDWA, MADHYA PRADESH

IFSC Code

SBIN0018960

IFSC CodeSBIN0018960
MICR Code450002111
BankState Bank of India
BranchPunasa
CityKHANDWA
DistrictPUNASA
StateMADHYA PRADESH
AddressPUNASASANAWADROAD,BLOCK,TEHSILANDPOSTPUNASA,KANDWA,DISTT.KHANDWAEASTNIMAR.M.P.450001
Contact+919893655417
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 SBIN0018960

  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: SBIN0018960
  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

SBIN0018960
โ†‘ Bank codeโ†‘ Reservedโ†‘ Branch code

Frequently Asked Questions

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

The IFSC code is SBIN0018960. Use this for NEFT, RTGS, and IMPS transfers to State Bank of India Punasa branch in KHANDWA.

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

The MICR code is 450002111. MICR codes are used for cheque processing, not for digital transfers.

Is SBIN0018960 valid for UPI transfers?

UPI transfers using a UPI ID do not require IFSC โ€” the app resolves it automatically. Use SBIN0018960 only for NEFT, RTGS, or IMPS when adding a bank account manually.