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State Bank of India · Sangli

SBIN0007971: State Bank of India, Market Yard, Sangli

IFSC code SBIN0007971 belongs to the Market Yard, Sangli branch of State Bank of India in Sangli, Maharashtra. Its MICR code is 416002154.

IFSC
SBIN0007971
MICR
416002154
Bank
State Bank of India
Branch
Market Yard, Sangli
District
Sangli
State
Maharashtra

Branch address

State Bank of India
Dist Sangli, Maharashtra 416446

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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 007971 is the code of the Market Yard, Sangli branch. In the MICR code 416002154, 416 is the city, 002 the bank and 154 the branch.

Other State Bank of India branches in Sangli

All 32 State Bank of India branches in Sangli

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 Market Yard, Sangli branch (Sangli, Maharashtra) is SBIN0007971.

  2. 416002154. MICR is printed at the bottom of the branch's cheques.

  3. Dist Sangli, Maharashtra 416446

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC SBIN0007971 with the beneficiary's account number.

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