State Bank of India Racc Indore Fi And Mm Branch โ€” IFSC Code

INDORE, MADHYA PRADESH

IFSC Code

SBIN0062563

IFSC CodeSBIN0062563
MICR Code453002006
BankState Bank of India
BranchRacc Indore Fi And Mm
CityINDORE
DistrictINDORE
StateMADHYA PRADESH
AddressINDORE NAKA BRANCH, DEPALPUR,
Contact+917552575800
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 SBIN0062563

  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: SBIN0062563
  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

SBIN0062563
โ†‘ Bank codeโ†‘ Reservedโ†‘ Branch code

Frequently Asked Questions

What is the IFSC code of State Bank of India Racc Indore Fi And Mm?

The IFSC code is SBIN0062563. Use this for NEFT, RTGS, and IMPS transfers to State Bank of India Racc Indore Fi And Mm branch in INDORE.

What is the MICR code of State Bank of India Racc Indore Fi And Mm?

The MICR code is 453002006. MICR codes are used for cheque processing, not for digital transfers.

Is SBIN0062563 valid for UPI transfers?

UPI transfers using a UPI ID do not require IFSC โ€” the app resolves it automatically. Use SBIN0062563 only for NEFT, RTGS, or IMPS when adding a bank account manually.