State Bank of India, Malout branch
Muktsar, Malout district, Punjab
IFSC code
SBIN0050242
MICR code
152002204Branch code
050242Branch details
| Bank | State Bank of India |
|---|---|
| Branch | Malout |
| IFSC code | SBIN0050242 |
| MICR code | 152002204 |
| Address | UOTHMUKTST (map) |
| City | Muktsar |
| District | Malout |
| State | Punjab |
| Phone | 262076 |
| NEFT | Yes |
| RTGS | Yes |
| IMPS | Yes |
| UPI | Yes |
How to use IFSC SBIN0050242
To send money to an account at the State Bank of India Malout branch, add the beneficiary in your net banking or banking app with their account number, name and the IFSC code SBIN0050242, then pay by NEFT, RTGS or IMPS.
- NEFT — any amount, settled in half-hourly batches, available 24×7.
- RTGS — for ₹2 lakh and above, settled instantly.
- IMPS — instant transfer up to ₹5 lakh, available 24×7.
In SBIN0050242, SBIN identifies State Bank of India, the 5th character is always 0, and 050242 identifies this branch. The MICR code 152002204 is printed at the bottom of cheques issued by the branch.
Other State Bank of India branches in Malout
Frequently asked questions
What is the IFSC code of State Bank of India Malout branch?
The IFSC code of State Bank of India, Malout branch (Malout, Punjab) is SBIN0050242.
What is the MICR code of State Bank of India Malout?
The MICR code of this branch is 152002204.
Does State Bank of India Malout support RTGS and IMPS?
RTGS: yes. IMPS: yes. NEFT: yes.