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State Bank of India · Mumbai

SBIN0020888: State Bank of India, New Panvel

IFSC code SBIN0020888 belongs to the New Panvel branch of State Bank of India in Mumbai, Maharashtra. Its MICR code is 400002438.

IFSC
SBIN0020888
MICR
400002438
Bank
State Bank of India
Branch
New Panvel
District
Mumbai
State
Maharashtra
Phone
+912227464808

Branch address

State Bank of India
Crslrnlganpln02scrnwpanvlas

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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 020888 is the code of the New Panvel branch. In the MICR code 400002438, 400 is the city, 002 the bank and 438 the branch.

Other State Bank of India branches in Mumbai

All 207 State Bank of India branches in Mumbai

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 New Panvel branch (Mumbai, Maharashtra) is SBIN0020888.

  2. 400002438. MICR is printed at the bottom of the branch's cheques.

  3. Crslrnlganpln02scrnwpanvlas

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC SBIN0020888 with the beneficiary's account number.

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