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State Bank of India · Indore

SBIN0000387: State Bank of India, Indore Main

IFSC code SBIN0000387 belongs to the Indore Main branch of State Bank of India in Indore, Madhya Pradesh. Its MICR code is 452002002.

IFSC
SBIN0000387
MICR
452002002
Bank
State Bank of India
Branch
Indore Main
District
Indore
State
Madhya Pradesh
SWIFT
SBININBB267

Branch address

State Bank of India
Near GPO, A. B. Road, Indore, M.P.

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Payment systems

SystemOn RBI's list for this branchWhat it is for
NEFTYesTransfers of any amount, settled in half-hourly batches, all day
RTGSYesLarge transfers (₹2 lakh and above), settled one by one in real time
IMPSYesInstant transfers, any time, usually for smaller amounts
UPIYesPayments by UPI ID or mobile number from apps

Reading this IFSC

SBIN is State Bank of India's bank code, the fifth character 0 is kept for future use, and 000387 is the code of the Indore Main branch. In the MICR code 452002002, 452 is the city, 002 the bank and 002 the branch.

Other State Bank of India branches in Indore

All 119 State Bank of India branches in Indore

IFSC and your loan

When you take a loan through Oxon Fintech, the lending partner (a bank or NBFC) pays the money straight into your own bank account, so the application asks for your account number and its IFSC. Check both against your passbook or cheque book: a wrong IFSC can delay the payment. Oxon never asks for your OTP, PIN, CVV or passwords.

Data: the Reserve Bank of India's list of NEFT and RTGS bank branches, as compiled by Razorpay's open-source IFSC dataset. Bank details change from time to time (branches merge, move or close); confirm the IFSC with your bank or on your cheque book before you send money. Oxon Fintech is a loan platform, not a bank, and is not linked to the banks listed.

01 FAQ

Common questions.

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  1. The IFSC of State Bank of India's Indore Main branch (Indore, Madhya Pradesh) is SBIN0000387.

  2. 452002002. MICR is printed at the bottom of the branch's cheques.

  3. Near GPO, A. B. Road, Indore, M.P.

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC SBIN0000387 with the beneficiary's account number.

  5. SBININBB267, for international transfers.

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