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State Bank of India · Durg

SBIN0002877: State Bank of India, Nandini Township

IFSC code SBIN0002877 belongs to the Nandini Township branch of State Bank of India in Durg, Chhattisgarh. Its MICR code is 490002501.

IFSC
SBIN0002877
MICR
490002501
Bank
State Bank of India
Branch
Nandini Township
District
Durg
State
Chhattisgarh

Branch address

State Bank of India
Distt Durg, Chhattisgarh 490 036

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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 002877 is the code of the Nandini Township branch. In the MICR code 490002501, 490 is the city, 002 the bank and 501 the branch.

Other State Bank of India branches in Durg

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 Nandini Township branch (Durg, Chhattisgarh) is SBIN0002877.

  2. 490002501. MICR is printed at the bottom of the branch's cheques.

  3. Distt Durg, Chhattisgarh 490 036

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC SBIN0002877 with the beneficiary's account number.

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