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State Bank of India

JALIHAL BRANCH

IFSC CODE
SBIN0007173
MICR Code 587002501
Branch Code 007173
City / District JALIHAL
State KARNATAKA
Office Address NARENDRA NILAYA, DISTT. BAGALKOT, KARNATAKA 587114
Phone Not Available
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Understanding IFSC Code: The Digital DNA of State Bank of India

When performing any digital transaction in India, the Indian Financial System Code (IFSC) acts as a critical identifier. For the JALIHAL branch of State Bank of India, the code SBIN0007173 ensures that your funds are routed through the Reserve Bank of India's (RBI) structured network without manual errors. In an era of instant payments, having the correct IFSC is as important as the account number itself.

Anatomy of the SBIN0007173 Code

An IFSC is an 11-character alphanumeric code. Let's break down the logic behind the code for this specific branch:

First 4

Bank Identity

"SBIN" represents State Bank of India

5th Digit

Control Character

Always '0' (Reserved for future use)

Last 6

Branch Locator

Unique code for JALIHAL

Payment Systems Supported by SBIN0007173

System Transfer Limit Processing Time
NEFT No Minimum (Up to ₹50 Lakhs+) Half-hourly batches (24x7)
RTGS Minimum ₹2 Lakhs Real-time settlement
IMPS Up to ₹5 Lakhs Instant (Mobile/P2P)

Why do you need the MICR Code?

While IFSC is for digital transfers, the Magnetic Ink Character Recognition (MICR) code—587002501—is primarily used for the processing and clearance of physical cheques. This 9-digit code helps in identifying the bank and branch during the Cheque Truncation System (CTS) cycle, making clearing faster and error-free.

Bank Holidays & Availability

The State Bank of India in JALIHAL typically follows the RBI holiday calendar. Digital transfers via SBIN0007173 for NEFT/RTGS are now available 365 days a year, regardless of physical branch timings or Sunday closures.

Security Warning & Verification

Always verify the branch details before making a large payment. While SBIN0007173 is the valid code for JALIHAL at JALIHAL, ensure the beneficiary name matches perfectly in your mobile banking app.

RBI Verified NEFT Enabled RTGS 24x7

Bank Search Indexing & Metadata

Related Searches

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Branch Context

  • • JALIHAL Contact
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Platform Links

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