SBIN0008507: State Bank of India, Penegla
IFSC code SBIN0008507 belongs to the Penegla branch of State Bank of India in Penengla, Sikkim. Its MICR code is 737002007.
- IFSC
- SBIN0008507
- MICR
- 737002007
- Branch
- Penegla
- District
- Penengla
- State
- Sikkim
Branch address
State Bank of India
Via Gangtok
Payment systems
| System | On RBI's list for this branch | What it is for |
|---|---|---|
| NEFT | Yes | Transfers of any amount, settled in half-hourly batches, all day |
| RTGS | Yes | Large transfers (₹2 lakh and above), settled one by one in real time |
| IMPS | Yes | Instant transfers, any time, usually for smaller amounts |
| UPI | Yes | Payments 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 008507 is the code of the Penegla branch. In the MICR code 737002007, 737 is the city, 002 the bank and 007 the branch.
IFSC and your loan
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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.
The IFSC of State Bank of India's Penegla branch (Penengla, Sikkim) is SBIN0008507.
737002007. MICR is printed at the bottom of the branch's cheques.
Via Gangtok
RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC SBIN0008507 with the beneficiary's account number.
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