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State Bank of India · Davangere

SBIN0040948: State Bank of India, Vidya Nagar

IFSC code SBIN0040948 belongs to the Vidya Nagar branch of State Bank of India in Davangere, Karnataka. Its MICR code is 577002506.

IFSC
SBIN0040948
MICR
577002506
Bank
State Bank of India
Branch
Vidya Nagar
District
Davangere
State
Karnataka
Phone
+918194224818

Branch address

State Bank of India
Site No 30 2nd Cross Mitra Lay Out Vidyanagar Layout Davanagere

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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 040948 is the code of the Vidya Nagar branch. In the MICR code 577002506, 577 is the city, 002 the bank and 506 the branch.

Other State Bank of India branches in Davangere

All 37 State Bank of India branches in Davangere

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 Vidya Nagar branch (Davangere, Karnataka) is SBIN0040948.

  2. 577002506. MICR is printed at the bottom of the branch's cheques.

  3. Site No 30 2nd Cross Mitra Lay Out Vidyanagar Layout Davanagere

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC SBIN0040948 with the beneficiary's account number.

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