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State Bank of India · Mandya

SBIN0041016: State Bank of India, Arakere

IFSC code SBIN0041016 belongs to the Arakere branch of State Bank of India in Mandya, Karnataka. Its MICR code is 571002542.

IFSC
SBIN0041016
MICR
571002542
Bank
State Bank of India
Branch
Arakere
District
Mandya
State
Karnataka
Phone
+918236259006

Branch address

State Bank of India
Sri Manjunatha Cinema Complex Mandya Mysore Road

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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 041016 is the code of the Arakere branch. In the MICR code 571002542, 571 is the city, 002 the bank and 542 the branch.

Other State Bank of India branches in Mandya

All 54 State Bank of India branches in Mandya

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 Arakere branch (Mandya, Karnataka) is SBIN0041016.

  2. 571002542. MICR is printed at the bottom of the branch's cheques.

  3. Sri Manjunatha Cinema Complex Mandya Mysore Road

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC SBIN0041016 with the beneficiary's account number.

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