State Bank of India — BALAGHAT Branch

BALAGHAT, MADHYA PRADESH

IFSC Code SBIN0000318
MICR Code 481002005

Available Services

IMPS RTGS NEFT UPI

Branch Details

Bank Name State Bank of India
Branch Name BALAGHAT
IFSC Code SBIN0000318
MICR Code 481002005
SWIFT Code N/A
Address MAIN RD, BALAGHAT, M P, PIN 481001
City BALAGHAT
District BALAGHAT
State MADHYA PRADESH
Contact Number Not Available

How to Use SBIN0000318 for Money Transfers

The IFSC code SBIN0000318 is specifically assigned to the BALAGHAT branch of State Bank of India located in BALAGHAT, MADHYA PRADESH. This unique code is mandatory for routing electronic payments correctly within India.

NEFT Transfer

Use SBIN0000318 when adding this branch as a beneficiary in NEFT transactions. NEFT operates in half-hourly batches from 12:30 AM to 12:00 AM on all days. Enter the IFSC, account number, and account holder name carefully to ensure successful transfer.

RTGS Transfer

For high-value transactions above ₹2 lakh, RTGS offers real-time gross settlement. Use SBIN0000318 along with the beneficiary's exact account number. RTGS is available on working days from 7:00 AM to 6:00 PM.

IMPS & UPI

IMPS and UPI allow instant 24×7 transfers. While UPI apps often auto-resolve the IFSC from the VPA, mobile banking apps require SBIN0000318 when registering a new beneficiary.

Always double-check the account number before confirming any transfer — the IFSC routes funds to the correct branch, but the account number specifies the exact recipient.

⚠ Important Reminder Always verify the beneficiary account number and name before initiating a transfer. An incorrect account number may result in failed or misdirected transactions.

About State Bank of India BALAGHAT Branch

The BALAGHAT branch of State Bank of India is situated in BALAGHAT, MADHYA PRADESH. The branch address is MAIN RD, BALAGHAT, M P, PIN 481001. This branch supports electronic payment services including NEFT, RTGS, IMPS, and UPI. Always use the IFSC code SBIN0000318 when making any online fund transfer to an account held at this branch.

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