IFSC Code SBIN0018526 - State Bank of India-WHOLESALE MARKET BRANCH, BHOPAL-Bhopal

Detail Information
IFSC Code SBIN0018526
Bank Name State Bank of India
Address KAROND MANDI, BERASIA ROAD, BHOPAL, DIST.BHOPAL, MADHYA PRADESH-462038
District Bhopal
State Madhya pradesh
Branch Wholesale market branch, bhopal
Contact +919755043306
Centre Available
IMPS Available
UPI Available
MICR 462002100
RTGS 1
NEFT Not Available
ISO3166 IN-MP
Bankcode SBIN

Overview of SBIN0018526

The IFSC code SBIN0018526 is associated with the Bhopal WHOLESALE MARKET BRANCH, BHOPAL Branch of State Bank of India. Located in the bustling city of Bhopal, MADHYA PRADESH, this branch is one of the many State Bank of India branches that cater to the banking needs of the local residents. The code "SBIN" in SBIN0018526 represents State Bank of India Bank, while 0018526 signifies the unique branch code for WHOLESALE MARKET BRANCH, BHOPAL.

Significance of IFSC Code for Banking Transactions

The importance of the IFSC code, like SBIN0018526, for the WHOLESALE MARKET BRANCH, BHOPAL Branch, cannot be overstated. It acts as an address that identifies both the State Bank of India and its specific branch in Bhopal. This ensures that when you're transferring money or setting up a beneficiary for future transactions, your funds are directed to the correct bank branch. Without the IFSC code, the chances of errors in electronic fund transfers would be significantly higher, leading to potential financial losses and administrative hassles.

Deep Dive into SBIN0018526

The IFSC code SBIN0018526 is not just a random combination of letters and numbers. It holds significance in the banking world, especially for those who bank with State Bank of India in Bhopal. Let's break down the details:

  • IFSC Code (SBIN0018526): This unique code is essential for electronic fund transfers. The first four characters "SBIN" represent the bank's name, State Bank of India. The last six characters "0018526" are a unique identifier for the WHOLESALE MARKET BRANCH, BHOPAL branch.
  • Bank Name (State Bank of India): One of [country]'s leading banks, State Bank of India offers a wide range of banking products and financial services to its vast customer base.
  • Address (KAROND MANDI, BERASIA ROAD, BHOPAL, DIST.BHOPAL, MADHYA PRADESH-462038): This specific address pinpoints the exact location of the branch, ensuring that customers can easily find it for their banking needs.
  • City & State (Bhopal, MADHYA PRADESH): The branch is situated in the heart of Bhopal, the capital city of MADHYA PRADESH. A city known for its [CITY_FEATURES].
  • Branch (WHOLESALE MARKET BRANCH, BHOPAL): The [AREA_NAME] area in Bhopal is a hub of activity, and the State Bank of India branch here caters to both individual and business banking needs.
  • Phone Number (+919755043306): A direct line to the branch, this number ensures that customers can reach out for any queries, concerns, or banking assistance.

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