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State Bank of India · Raisen

SBIN0014271: State Bank of India, Sanchi

IFSC code SBIN0014271 belongs to the Sanchi branch of State Bank of India in Raisen, Madhya Pradesh. Its MICR code is 464002529.

IFSC
SBIN0014271
MICR
464002529
Bank
State Bank of India
Branch
Sanchi
District
Raisen
State
Madhya Pradesh

Branch address

State Bank of India
C by O Gateway Retreat,M P Tourism,Bhopal Vidisha Road,Sanchi,District Raisen M P 464661

Open in a map · Pincode 464661: 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 014271 is the code of the Sanchi branch. In the MICR code 464002529, 464 is the city, 002 the bank and 529 the branch.

Other State Bank of India branches in Raisen

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 Sanchi branch (Raisen, Madhya Pradesh) is SBIN0014271.

  2. 464002529. MICR is printed at the bottom of the branch's cheques.

  3. C by O Gateway Retreat,M P Tourism,Bhopal Vidisha Road,Sanchi,District Raisen M P 464661

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC SBIN0014271 with the beneficiary's account number.

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