IFSC code
✔ In RBI list v2.0.62SBIN0061087
MICR code
452City
002Bank
116Branch
State Bank of India · Indore
SBI Palda IFSC code
Branch overview
- Bank code SBIN — identifies State Bank of India
- 5th character 0 — reserved by the RBI
- Branch code 061087 — identifies Palda
- MICR 452002116 — city 452, bank 002, branch 116
- Payments NEFT, RTGS, IMPS, UPI
Sources & verification
- ✔ Official source: RBI IFSC & MICR master list
- ✔ Dataset release v2.0.62
- ✔ Last updated 24 October 2026
- ✔ Format checked (11-character IFSC, 9-digit MICR)
Other SBI branches in Indore
| Branch | IFSC | MICR |
|---|---|---|
| Indore Main NEAR GPO, A. B. ROAD, INDORE, M.P. | SBIN0000387 | 452002002 |
| Indore City DISTINDORE, MADHYA PRADESH 452 003 | SBIN0000388 | 452002006 |
| I.E. Indore NEAR INDUSTRIAL ESTATE,P B NO.205 INDORE | SBIN0001200 | 452002005 |
| ADB Sanwer DIST INDORE, MADHYA PRADESH 453 551 | SBIN0003017 | 452002506 |
| M.G. Road Indroe S13,M.G.ROAD,INDORE, M.P., PIN 452002 | SBIN0003218 | 452002004 |
| Old Palasia INDORE MADHYA PRADESH | SBIN0003432 | 452002011 |
| SSI Indore INDORE INDUSTRIAL ESTATE,POLO GROUND, INDORE, MP 452015 | SBIN0004037 | 452002013 |
| Manikbagh Road, Jabalpur 30,GODHA COLONY,MANIK BAGH ROAD, INDORE, MP 452004 | SBIN0004089 | 452002014 |
| Pbb Indore GROUND FLOOR,27,SCHEME-54 PU3,COMMERCIAL BHAMORI,VIJAYNAGAR,AB ROAD,INDORE,, M.P. ,PIN-452 | SBIN0004206 | 452002015 |
| M.G. Road Market, Indore 36,KHATIPURACHOKAR PLAZA, INDORE, MP 452007 | SBIN0004241 | 452002016 |
| Service Branch, Indore AB ROADINDORE | SBIN0004383 | — |
| Pbb Sapana Sanageeta, Indore 93-SNEH NAGAR, SAPNA-SANGEETA ROADPERSONAL BANKING BRANCH ,INDORE ,PIN - 452001 | SBIN0004388 | 452002018 |
Frequently asked questions
What is the IFSC code of SBI Palda?
SBIN0061087. It identifies the Palda branch of State Bank of India in Indore, Madhya Pradesh.
What is the MICR code of SBI Palda?
452002116. It is printed at the bottom of cheques issued by this branch.
Where is SBI Palda branch?
SHOP NO.3,4 SURVEY NO. 368-2,326-1 AND 326-2 AT PALDA NEMAWAR ROAD, INDORE, DISTT.INDORE. M.P - 452020, Madhya Pradesh.
Does SBIN0061087 support NEFT, RTGS and IMPS?
Yes: the RBI list shows NEFT, RTGS, IMPS and UPI for this branch.
What do the parts of SBIN0061087 mean?
SBIN is the bank code of State Bank of India, the 5th character "0" is reserved by the RBI, and 061087 is the branch code of Palda.
How many SBI branches are in Indore?
120. Each has its own IFSC code.