State Bank Of Patiala has branches in 5 districts in Madhya Pradesh like Ujjain , Jabalpur , Indore , . Please select a district from the list below to see the branches in that district and to get the location, contact details, IFSC code, MICR code.

IFSC Codes of State Bank Of Patiala in Madhya Pradesh

Branch Name Branch Address IFSC Code MICR Code Bank City District State
Ujjain Free Ganj, 30, Varanasi Marg, Ujjain STBP0000674 State Bank Of Patiala Ujjain Ujjain Madhya Pradesh
Mid Corporate Indore State Bank Of Patiala Mid Corporate Branch, Orbit Mall,
Lower Ground Floor,53 & 53A Scheme No.54 A B Road
STBP0000895 452007003 State Bank Of Patiala Indore Indore Madhya Pradesh
Jabalpur Jawaharganj 874 Jawahar Ganj Main Road Jabalpur STBP0000701 State Bank Of Patiala Jabalpur Jabalpur Madhya Pradesh
Indore Usha Nagar Indore STBP0000590 State Bank Of Patiala Indore Indore Madhya Pradesh
Gwalior K -34 Gandhi Nagar Gwalior-2 STBP0000585 State Bank Of Patiala Gwalior Gwalior Madhya Pradesh
Bhopal Tatya Tope Nagar Bhadbhada Raod Bhopal-462003 STBP0000548 State Bank Of Patiala Bhopal Bhopal Madhya Pradesh

What is IFSC code of a bank?

Full form of IFSC code is Indian Financial System Code.
When you want to make a payment to an account you would need to mention an IFSC code along with the account number. IFSC code is used to identify a branch of a bank. An account number along with an IFSC code is used uniquely identify an account. This combination can be then used to make online fund transfer through NEFT or RTGS.
On the other hand, NEFT transactions generally take upto 2 hours to settle.

What is the use of MICR code?

MICR stands for Magnetic Ink Character Recognition. It appears on your cheque just after your cheque number. It is used to identify a particular branch of a bank in a city. It is a nine digit number of which first 3 digits stand for city, next 3 for bank and last 3 for branch.
The MICR code is used for clearing the cheques. A machine can read MICR code and quickly identify the exact branch where the account of the cheque issuers is held.

What is the time of Neft?

National Electronic Funds Transfer is used for transferring the funds online. The system is available from 8 in the morning till 7 in the evening and 1 in the afternoon. Any NEFT requests not cleared on a day are rolled over to the next day and cleared on next working day. If you want to transfer funds instantly use RTGS or IMPS instead. You can also use online wallets.