SBIN0040423: State Bank of India, Machenahalli
IFSC code SBIN0040423 belongs to the Machenahalli branch of State Bank of India in Machenahally, Karnataka. Its MICR code is 577002124.
- IFSC
- SBIN0040423
- MICR
- 577002124
- Branch
- Machenahalli
- District
- Machenahally
- State
- Karnataka
- Phone
- +918182246117
Branch address
State Bank of India
Machenahalli,Shimoga,Karnataka,Machenahalli 577 222
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 040423 is the code of the Machenahalli branch. In the MICR code 577002124, 577 is the city, 002 the bank and 124 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 Machenahalli branch (Machenahally, Karnataka) is SBIN0040423.
577002124. MICR is printed at the bottom of the branch's cheques.
Machenahalli,Shimoga,Karnataka,Machenahalli 577 222
RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC SBIN0040423 with the beneficiary's account number.
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