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State Bank of India · Satna

SBIN0004124: State Bank of India, Commercial, Satna

IFSC code SBIN0004124 belongs to the Commercial, Satna branch of State Bank of India in Satna, Madhya Pradesh. Its MICR code is 485002005.

IFSC
SBIN0004124
MICR
485002005
Bank
State Bank of India
Branch
Commercial, Satna
District
Satna
State
Madhya Pradesh
SWIFT
SBININBB241

Branch address

State Bank of India
City Trade Centre, Bus Stand Area, Rewa Road,Satna,MP 485001

Open in a map · Pincode 485001: 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 004124 is the code of the Commercial, Satna branch. In the MICR code 485002005, 485 is the city, 002 the bank and 005 the branch.

Other State Bank of India branches in Satna

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 Commercial, Satna branch (Satna, Madhya Pradesh) is SBIN0004124.

  2. 485002005. MICR is printed at the bottom of the branch's cheques.

  3. City Trade Centre, Bus Stand Area, Rewa Road,Satna,MP 485001

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC SBIN0004124 with the beneficiary's account number.

  5. SBININBB241, for international transfers.

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