State Bank of India, GORTHAN BUDRUK, RAIGAD Branch IFSC Code

The IFSC code SBIN0017498 is assigned to State Bank of India, GORTHAN BUDRUK located in RAIGAD, MAHARASHTRA. This code is required for electronic fund transfers like NEFT, RTGS, and IMPS transactions.

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Bank Details

Bank Name State Bank of India
IFSC Code SBIN0017498
MICR Code 410002425
Branch Code 017498
Branch GORTHAN BUDRUK
City RAIGAD
District GORTHAN BUDRUK
State MAHARASHTRA
Address AT GORTHANA BUDRUK,SAI SIDDHI BUILDING,PO VAVOSHI,TAL KHALAPUR,DISTT.RAIGAD.MAHARASHTRA 410203 Maps
Contact +918087426456

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Understanding IFSC and MICR Codes

What is IFSC Code?

IFSC (Indian Financial System Code) is an 11-character alphanumeric code used to identify bank branches in India. It is essential for electronic fund transfers through NEFT, RTGS, and IMPS systems.

SBIN Bank Code
0 Reserved (0)
017498 Branch Code

What is MICR Code?

MICR (Magnetic Ink Character Recognition) is a 9-digit code printed on cheques. It helps in faster processing of cheques through automated reading.

410 City Code
002 Bank Code
425 Branch Code

When to Use These Codes?

  • NEFT Transfer: Use IFSC code for National Electronic Funds Transfer (available 24x7)
  • RTGS Transfer: Use IFSC code for Real Time Gross Settlement (for amounts ≥ ₹2 lakhs)
  • IMPS Transfer: Use IFSC code for Immediate Payment Service (instant transfers)
  • Cheque Processing: MICR code is printed on cheques for automated clearing

Frequently Asked Questions

IFSC Code SBIN0017498 is the Indian Financial System Code assigned to State Bank of India, GORTHAN BUDRUK branch in RAIGAD, MAHARASHTRA. This 11-character code uniquely identifies this bank branch in India's electronic payment systems.

This branch is located in RAIGAD, GORTHAN BUDRUK, MAHARASHTRA. The full address is: AT GORTHANA BUDRUK,SAI SIDDHI BUILDING,PO VAVOSHI,TAL KHALAPUR,DISTT.RAIGAD.MAHARASHTRA 410203

The branch code is 017498. This is the last 6 characters of the IFSC code that uniquely identifies this specific branch of State Bank of India.

This branch supports the following electronic fund transfer services:

  • NEFT - Available
  • RTGS - Available
  • IMPS - Available
  • UPI - Available

The MICR (Magnetic Ink Character Recognition) code for this branch is 410002425. MICR code is a 9-digit code used for processing cheques and is printed on cheque leaves.

To use this IFSC code for fund transfers:

  1. Log in to your bank's internet banking or mobile app
  2. Navigate to fund transfer section (NEFT/RTGS/IMPS)
  3. Enter the beneficiary's account number
  4. Enter IFSC Code: SBIN0017498
  5. Verify the bank and branch details auto-populated
  6. Complete the transfer
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