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IFSC Code SBIN0040241 State Bank Of India Papertown Branch

Address, IFSC code, branch contact number etc of State Bank Of India, Papertown Branch is given below. You may contact the branch or the Customer Care number of the bank information relating to your ifsc code SBIN0040241 bank account.

IFSC Code: SBIN0040241

270342State Bank Of India PapertownState Bank Of India

IFSC Code SBIN0040241 State Bank Of India Papertown Branch

Bank NameState Bank Of India
IFSC CodeSBIN0040241
(used for RTGS and NEFT transactions)
MICR Code 577002219
BranchPapertown
StateKarnataka
DistrictShimoga
City Shimoga
AddressBhadravathi, Shimoga, Karnataka, 577 302
Contact Phone 270342

Along with your account number, account name and account type (ie., savings or current) the following information about the branch is to be provided for fund transfer:

  • Bank Name : State Bank Of India
  • Branch Name : Papertown
  • IFSC Code : SBIN0040241
  • Location : Shimoga, Karnataka

Indian Financial System Code (IFSC) is a eleven digit code provided by the Reserve Bank of India (RBI) for identifying bank branches in India individually. This code is used for NEFT and RTGS.

The code consists of 11 characters. The first part is the first four alphabet characters represent the Bank. Next character is zero(0), which is reserved for use in the future. The last six characters are the branch code.

The State Bank Of India IFSC code is 11 characters?
Example: SBIN0040241

  • SBIN The first four digits of the IFSC code represents the name of the State Bank Of India.
  • The fifth digit is ‘zero’ (0),
  • 040241 The last 6 digits denote the name of the specific State Bank Of India Papertown branch

Papertown Branch Information

Indian Financial System Code, Magnetic Ink Character Recognition, SWIFT Code, Address and Contact number of State Bank Of India - Papertown branch in Shimoga district which is in the state of Karnataka Branch office and ATM location.

What is State Bank Of India Karnataka Shimoga Papertown RTGS?

Real Time Gross Settlement (RTGS) is a fund transfer mechanism which is used to transfer money from one bank to another. This gross basis transfer happens in realtime, hence the name. Minimum amount that can be transferred through RTGS is Rs. 2,00,000. Fees to process RTGS will be applicable.

What is State Bank Of India Karnataka Papertown Shimoga NEFT?

National Electronic Fund Transfer (NEFT) is an online money transfer system which is supported by RBI. NEFT is used for medium and small amount transfer between accounts and banks. There is no minimum amount limit to send money via NEFT.