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State Bank of India · Ratlam

SBIN0030054: State Bank of India, Tal

IFSC code SBIN0030054 belongs to the Tal branch of State Bank of India in Ratlam, Madhya Pradesh. Its MICR code is 457002505.

IFSC
SBIN0030054
MICR
457002505
Bank
State Bank of India
Branch
Tal
District
Ratlam
State
Madhya Pradesh

Branch address

State Bank of India
Rajendra Marg,Tal

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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 030054 is the code of the Tal branch. In the MICR code 457002505, 457 is the city, 002 the bank and 505 the branch.

Other State Bank of India branches in Ratlam

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 Tal branch (Ratlam, Madhya Pradesh) is SBIN0030054.

  2. 457002505. MICR is printed at the bottom of the branch's cheques.

  3. Rajendra Marg,Tal

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC SBIN0030054 with the beneficiary's account number.

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