State Bank of India — KOLGAON Branch

BETUL, MADHYA PRADESH

IFSC Code SBIN0007723
MICR Code 460002514

Available Services

IMPS RTGS NEFT UPI

Branch Details

Bank Name State Bank of India
Branch Name KOLGAON
IFSC Code SBIN0007723
MICR Code 460002514
SWIFT Code N/A
Address BETUL, M P 460002
City BETUL
District KALGAON
State MADHYA PRADESH
Contact Number Not Available

How to Use SBIN0007723 for Money Transfers

The IFSC code SBIN0007723 is specifically assigned to the KOLGAON branch of State Bank of India located in BETUL, MADHYA PRADESH. This unique code is mandatory for routing electronic payments correctly within India.

NEFT Transfer

Use SBIN0007723 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 SBIN0007723 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 SBIN0007723 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 KOLGAON Branch

The KOLGAON branch of State Bank of India is situated in BETUL, MADHYA PRADESH. The branch address is BETUL, M P 460002. This branch supports electronic payment services including NEFT, RTGS, IMPS, and UPI. Always use the IFSC code SBIN0007723 when making any online fund transfer to an account held at this branch.

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