What is the IFSC code for State Bank of India MALOUT?

The IFSC code for State Bank of India MALOUT located in MUKTSAR, PUNJAB is SBIN0050242. This code is used for NEFT, RTGS, and IMPS bank transfers.

How do I use IFSC code SBIN0050242?

To use IFSC code SBIN0050242, enter it when adding State Bank of India MALOUT as a beneficiary in your online banking or during fund transfers via NEFT, RTGS, or IMPS.

What is the MICR code for this branch?

The MICR code is 152002204, which is used for cheque processing.

State Bank of India - MALOUT

MUKTSAR, PUNJAB

IFSC Code

SBIN0050242

Valid for NEFT, RTGS, IMPS

MICR Code

152002204

Bank Name

State Bank of India

Branch Name

MALOUT

Contact Details

Address	UOTHMUKTST View on Map
City	MUKTSAR
District	MALOUT
State	PUNJAB
Contact	262076

How to Use This IFSC Code

For NEFT Transfers: Use IFSC code SBIN0050242 when adding State Bank of India MALOUT as a beneficiary.

For RTGS Transfers: Enter this IFSC code in the beneficiary bank details section for same-day transfers.

For IMPS Transfers: Provide this IFSC code along with account number for instant money transfer.

Verified March 2026

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