Branch Details — SBIN0031605
| Bank Name | State Bank of India |
| Branch Name | MAHI Bajaj Sagar Complex, Banswara |
| IFSC Code | SBIN0031605 |
| MICR Code | 327002012 |
| Bank Code (RBI) | SBIN |
| Branch Code | 031605 |
| Address | MAHI BAJAJ SAGAR COMPLEX, BANSWARA 327001 |
| City | Banswara |
| District | Banswara |
| State | Rajasthan |
| Contact | +912962242509 |
| Toll Free | 1800-11-2211 |
| NEFT | ✓ Enabled — 24×7 |
| RTGS | ✓ Enabled — 24×7 |
| IMPS | ✓ Enabled — 24×7 |
| UPI | ✓ Enabled |
Transfer Methods Using SBIN0031605
NEFT
Available 24×7 including holidays. Settled in 30-minute batches. No minimum. Use IFSC SBIN0031605.
RTGS
Available 24×7. Minimum ₹2 lakh. Real-time gross settlement. Use IFSC SBIN0031605.
IMPS
Instant 24×7, 365 days. Up to ₹5 lakh per transaction.
Frequently Asked Questions
The IFSC code is SBIN0031605. This 11-character RBI-assigned code is required for NEFT, RTGS and IMPS transfers to accounts at State Bank of India MAHI Bajaj Sagar Complex, Banswara branch, Banswara, Rajasthan.
The MICR code is 327002012. It is a 9-digit code printed at the bottom of cheques, used only for cheque clearing.
Address: MAHI BAJAJ SAGAR COMPLEX, BANSWARA 327001. 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 031605 identify the MAHI Bajaj Sagar Complex, Banswara branch.
Yes. State Bank of India MAHI Bajaj Sagar Complex, Banswara Branch (IFSC: SBIN0031605) 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 SBIN0031605 → select NEFT/RTGS/IMPS → confirm with OTP.