State Bank of India
M.G. ROAD INDROE Branch
RBI Sourced
Official branch credentials for State Bank of India located in INDORE, MADHYA PRADESH.
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Supported Payment Networks
Typical Banking Hours (India)
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"S13,M.G.ROAD,INDORE, M.P., PIN 452002"
How to Use IFSC Code SBIN0003218
Follow these step-by-step instructions to use the IFSC code SBIN0003218 for sending money to State Bank of India M.G. ROAD INDROE branch.
Send via NEFT
- Log into your Internet Banking or Mobile Banking app
- Go to Fund Transfer → Add Beneficiary
- Enter beneficiary name and account number at State Bank of India
- Enter IFSC Code: SBIN0003218
- Select NEFT as transfer mode, enter amount, and confirm
- Money reaches within 30 minutes to 2 hours (processed in batches)
Send via RTGS (₹2 Lakh+)
- Open your bank's net banking portal or mobile app
- Navigate to Fund Transfer → RTGS
- Add beneficiary with account number + IFSC: SBIN0003218
- Minimum transfer amount: ₹2,00,000
- Money is credited instantly in real-time (24x7 available)
Send via IMPS (Instant)
- Open your mobile banking app
- Select IMPS Transfer
- Enter beneficiary details with IFSC: SBIN0003218
- Maximum limit: ₹5,00,000 per transaction
- Transfer completes within seconds — available 24x7x365
- Always double-check the IFSC code before confirming any transfer
- Cross-verify with your passbook or cheque book issued by State Bank of India
- For first-time transfers, send a small test amount (₹1-₹10) first
- Never share your OTP, PIN, or password with anyone claiming to be from State Bank of India
About State Bank of India M.G. ROAD INDROE
State Bank of India M.G. ROAD INDROE is a verified banking branch listed in the Reserve Bank of India's IFSC master directory. The verification timestamp is not yet recorded for this branch. A confidence score has not yet been assigned to this record.
The IFSC code SBIN0003218 is decoded as: bank identifier SBIN (State Bank of India) and branch code 003218, which uniquely identifies this M.G. ROAD INDROE location. This branch reports MICR 452002004 (used for cheque clearing), BSR 321532 (required for TDS and income tax filings), SWIFT SBININBB321 (for international wire transfers). Supported payment rails: NEFT ✔ (half-hourly batch settlements); RTGS ✔ (real-time for amounts above ₹2 lakh); IMPS ✔ (instant, 24×7, up to ₹5 lakh). All electronic transactions are settled through the NPCI and regulated by the RBI.
The registered address is S13,M.G.ROAD,INDORE, M.P., PIN 452002 in INDORE district, INDORE, MADHYA PRADESH (PIN: 452002). As with all scheduled commercial bank branches in India, deposits up to ₹5,00,000 per account holder are insured under the DICGC framework.
Frequently Asked Questions
Everything you need to know about State Bank of India M.G. ROAD INDROE branch in INDORE.
What is the IFSC code of State Bank of India M.G. ROAD INDROE branch?
Where is State Bank of India M.G. ROAD INDROE located and how can I contact them?
What is the MICR code of State Bank of India M.G. ROAD INDROE and how is it used?
What are the working hours and holiday schedule for State Bank of India M.G. ROAD INDROE?
Related Banking Guides
Deepen your understanding of banking operations, digital payments, and financial tools with these expert-written guides — curated specifically for State Bank of India customers in MADHYA PRADESH.