BIDAR, KARNATAKA
IFSC Code
SBIN0005533
MICR Code
585002437
Branch
MUDBI
Bank
State Bank of India
District
MUDBI
State
KARNATAKA
Contact
Not available
Address
BASAVAKALYAN TQDISTT BIDAR KARNATAKA 585437
To move funds into an account held at MUDBI (State Bank of India) using NEFT, the sender's bank needs this branch's IFSC code — SBIN0005533. NEFT settles in batches throughout the day, so it's a good fit for transfers that don't need to land instantly.
RTGS is the go-to option when transferring large sums (₹2 lakh+) to MUDBI in BIDAR, since each transfer is settled individually and immediately rather than bundled with others.
Need money at State Bank of India, MUDBI right now? IMPS settles instantly, 24x7, including weekends and holidays — unlike NEFT/RTGS, which follow banking-hour batch or settlement windows.
A distinction that matters if you're transferring to MUDBI: the RBI settlement system runs 24x7 for NEFT and RTGS, but that doesn't mean this specific branch is open around the clock. Online transfers process any time; in-person or cash-based requests still depend on the branch actually being open.
| Method | System Hours | If Visiting MUDBI In Person |
|---|---|---|
| NEFT | 24x7x365, including weekends and holidays (RBI mandate since 16 Dec 2019) | Online/net-banking NEFT processes any time. An in-branch, cash, or cheque-based NEFT request still depends on that branch's working hours. |
| RTGS | 24x7x365, including weekends and holidays (RBI mandate since 14 Dec 2020) | Minimum transfer amount is ₹2 lakh. Same system-vs-branch-hours distinction as NEFT applies for in-person requests. |
| IMPS | 24x7x365 — always has been, no banking-hours restriction at the system level. | Typically capped per transaction depending on your bank's own limits (often around ₹5 lakh). |
The IFSC code for State Bank of India's MUDBI branch in BIDAR, MUDBI, KARNATAKA is SBIN0005533. This 11-character code is required for NEFT, RTGS, and IMPS transfers to any account held at this branch.
The MICR code for this branch is 585002437. MICR codes are used for cheque clearing, while the IFSC code (SBIN0005533) is what's needed for electronic transfers like NEFT and RTGS.
This branch is located at: BASAVAKALYAN TQDISTT BIDAR KARNATAKA 585437. It falls under MUDBI district, KARNATAKA.
Yes — the same IFSC code (SBIN0005533) is used for NEFT, RTGS, and IMPS transfers to this branch. Which one you should pick depends on the amount and urgency, not the code itself: RTGS for ₹2 lakh+ needing near-instant settlement, NEFT for regular batch-processed transfers, and IMPS for smaller amounts that need to land in seconds.
A direct contact number isn't listed for this branch in our records. Your best options are State Bank of India's national customer care line or the nearest branch locator on the bank's official website.
IFSC and MICR code data sourced from bank-published branch records. While we take care to keep this current, always confirm the IFSC code with your bank before making a large transfer — see our disclaimer for details.