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State Bank of India · Korba

SBIN0002861: State Bank of India, Katghora

IFSC code SBIN0002861 belongs to the Katghora branch of State Bank of India in Korba, Chhattisgarh. Its MICR code is 495002531.

IFSC
SBIN0002861
MICR
495002531
Bank
State Bank of India
Branch
Katghora
District
Korba
State
Chhattisgarh

Branch address

State Bank of India
Dist Korba State Chattisgarh PIN 495445

Open in a map · Pincode 495445: post offices and area

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 002861 is the code of the Katghora branch. In the MICR code 495002531, 495 is the city, 002 the bank and 531 the branch.

Other State Bank of India branches in Korba

All 32 State Bank of India branches in Korba

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 Katghora branch (Korba, Chhattisgarh) is SBIN0002861.

  2. 495002531. MICR is printed at the bottom of the branch's cheques.

  3. Dist Korba State Chattisgarh PIN 495445

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC SBIN0002861 with the beneficiary's account number.

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