Branch Details — SBIN0062563
| Bank Name | State Bank of India |
| Branch Name | RACC Indore FI AND MM |
| IFSC Code | SBIN0062563 |
| MICR Code | 453002006 |
| Bank Code (RBI) | SBIN |
| Branch Code | 062563 |
| Address | INDORE NAKA BRANCH, DEPALPUR, |
| City | Indore |
| District | Indore |
| State | Madhya Pradesh |
| Contact | +917552575800 |
| Toll Free | 1800-11-2211 |
| NEFT | ✓ Enabled — 24×7 |
| RTGS | ✓ Enabled — 24×7 |
| IMPS | ✓ Enabled — 24×7 |
| UPI | ✓ Enabled |
Transfer Methods Using SBIN0062563
NEFT
Available 24×7 including holidays. Settled in 30-minute batches. No minimum. Use IFSC SBIN0062563.
RTGS
Available 24×7. Minimum ₹2 lakh. Real-time gross settlement. Use IFSC SBIN0062563.
IMPS
Instant 24×7, 365 days. Up to ₹5 lakh per transaction.
Frequently Asked Questions
The IFSC code is SBIN0062563. This 11-character RBI-assigned code is required for NEFT, RTGS and IMPS transfers to accounts at State Bank of India RACC Indore FI AND MM branch, Indore, Madhya Pradesh.
The MICR code is 453002006. It is a 9-digit code printed at the bottom of cheques, used only for cheque clearing.
Address: INDORE NAKA BRANCH, DEPALPUR,. Branch timings: Monday–Friday 9:30 AM – 3:30 PM, Saturday 9:30 AM – 1:30 PM (closed 2nd/4th Saturdays).
SBIN identifies State Bank of India. The 5th character 0 is reserved by RBI. The last 6 characters 062563 identify the RACC Indore FI AND MM branch.
Yes. State Bank of India RACC Indore FI AND MM Branch (IFSC: SBIN0062563) is fully enabled for NEFT, RTGS, IMPS, UPI, available 24×7 including weekends and holidays.
Log in to your bank's net banking or mobile app → Fund Transfer → Add Beneficiary → enter account number and IFSC SBIN0062563 → select NEFT/RTGS/IMPS → confirm with OTP.