State Bank of India — MIDC AREA, SHIROLI Branch

KOLHAPUR, MAHARASHTRA

IFSC Code SBIN0006587
MICR Code 416002005

Available Services

IMPS RTGS NEFT UPI

Branch Details

Bank Name State Bank of India
Branch Name MIDC AREA, SHIROLI
IFSC Code SBIN0006587
MICR Code 416002005
SWIFT Code N/A
Address PLOT NO.P BY 9, MIDC INDUSTRIAL ESTATE, PIN-416122
City KOLHAPUR
District KOLHAPUR
State MAHARASHTRA
Contact Number Not Available

How to Use SBIN0006587 for Money Transfers

The IFSC code SBIN0006587 is specifically assigned to the MIDC AREA, SHIROLI branch of State Bank of India located in KOLHAPUR, MAHARASHTRA. This unique code is mandatory for routing electronic payments correctly within India.

NEFT Transfer

Use SBIN0006587 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 SBIN0006587 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 SBIN0006587 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 MIDC AREA, SHIROLI Branch

The MIDC AREA, SHIROLI branch of State Bank of India is situated in KOLHAPUR, MAHARASHTRA. The branch address is PLOT NO.P BY 9, MIDC INDUSTRIAL ESTATE, PIN-416122. This branch supports electronic payment services including NEFT, RTGS, IMPS, and UPI. Always use the IFSC code SBIN0006587 when making any online fund transfer to an account held at this branch.

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