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State Bank of India · Shivamogga

SBIN0040241: State Bank of India, Papertown

IFSC code SBIN0040241 belongs to the Papertown branch of State Bank of India in Shivamogga, Karnataka. Its MICR code is 577002219.

IFSC
SBIN0040241
MICR
577002219
Bank
State Bank of India
Branch
Papertown
District
Shivamogga
State
Karnataka
Phone
+918282270342

Branch address

State Bank of India
Bhadravathi,Shimoga,Karnataka, 577 302

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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 040241 is the code of the Papertown branch. In the MICR code 577002219, 577 is the city, 002 the bank and 219 the branch.

Other State Bank of India branches in Shivamogga

All 48 State Bank of India branches in Shivamogga

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 Papertown branch (Shivamogga, Karnataka) is SBIN0040241.

  2. 577002219. MICR is printed at the bottom of the branch's cheques.

  3. Bhadravathi,Shimoga,Karnataka, 577 302

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC SBIN0040241 with the beneficiary's account number.

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