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Updated: 31 Oct 2026, 12:03 pm IST

SBI M.G.Road Market, Indore – IFSC SBIN0004241

State Bank of India · Road, Kothari Market, Indore, M.G. Road 452007, Indore, Madhya Pradesh

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Bank
State Bank of India
Branch
M.g.road Market Branch Indore
MICR Code
452002016
Address
Road, Kothari Market, Indore, M.G. Road 452007
Branch Code
04241
WhatsApp these details Copies bank, branch and IFSC in the order banking apps ask for them.

Is this the right branch?

SBIN
State Bank of India
0
always zero
004241
M.g.road Market Branch Indore
Careful — 2 other SBI branches have the same PIN code 452007. Check the branch name on your cheque or passbook before you send money.
M.g.road Market Branch Indore this pageSBIN0004241Road, Kothari Market, Indore, M.G. Road 452007
District Court Campus IndoreSBIN0018075District Court Campus Indore M G Road 452007
Siyaganj IndoreSBIN0030021Siyaganj, Indore 452007

How should I send money here?

UPI
Instant · up to ₹1 lakh*
IMPS
Instant · up to ₹5 lakh
NEFT
24×7 · half-hourly batches
RTGS
Real-time · ₹2 lakh minimum

*Most banks cap UPI at ₹1 lakh a day. Limits set by your own bank may be lower.

SBI branches near M.G.Road Market

Branches with other PIN codes close by:

BranchIFSCPIN
Laxmibai Nagar Ssi Fin Indore Laxmibai Nagar, Indore Dist-Indore 452006 SBIN0030126 452006
MIG Road (LIG Chouraha) HIG, Near MIG Thana LIG Chouraha MIG Road 452008 SBIN0013307 452008
Neelkanth Colony Netaji Subhash Margjinsi, Indore 452006 SBIN0009509 452006
Patrakar Colony Indore I-Joy Builders, Patrakar Colony, Indore 452008 SBIN0030133 452008
Airport Indore Devi Ahilyabai Holkar Airport Campus Indore 452005 SBIN0030526 452005
Bank Colony Annapurna Rd Bank Colony, Annapurna Road, Sudama Nagar, Indore 452009 SBIN0030458 452009
Foothi Kothi Indore CD Indore, Sudama Nagar 452009 SBIN0061094 452009
Kesher Bagh Nema Nagar Indore Keshar Bagh Road 452009 SBIN0061106 452009
Nemi Nagar (Jain Colony) Keshar Bagh Road, Jain Colony-Nemi Nagar, Indore 452009 SBIN0030344 452009
TCS Campus Indore TCS, Indore Amrakunj Colony 452005 SBIN0061090 452005

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IFSC Code of M.g.road Market Branch Indore, State Bank of India

The IFSC code of M.g.road Market Branch Indore branch of State Bank of India, located at Road, Kothari Market, Indore, M.G. Road 452007, Indore, Madhya Pradesh is SBIN0004241. This code is mandatory for all electronic fund transfers — NEFT, RTGS, and IMPS — initiated to or from this branch.

The MICR (Magnetic Ink Character Recognition) code of this branch is 452002016. MICR codes are printed on cheques and used by banks to process paper-based clearing transactions.

Websitesbi.bank.in ↗
DistrictIndore
StateMadhya Pradesh
PIN Code452007
CircleBhopal

New to IFSC? See What is an IFSC code — how it is structured, where to find it on a cheque, and how NEFT, RTGS and IMPS use it.

More about this branch

Sample cheque showing where IFSC and MICR are printed
Sample cheque for SBIN0004241 — M.g.road Market Branch Indore, State Bank of India

Specimen image for reference only. IFSC SBIN0004241 belongs to M.g.road Market Branch Indore, State Bank of India.

Branch Location
M.g.road Market Branch Indore — State Bank of India
Road, Kothari Market, Indore, M.G. Road 452007
Indore, Madhya Pradesh, India — PIN 452007
Branch details of SBIN0004241 as a JSON file
Sources: SBI — list of branches (30 Jun 2025) · RBI — NEFT-enabled bank branches (as on 15 Oct 2026) · RBI — RTGS-enabled bank branches (as on 15 Oct 2026)