State Bank of India · Badwani

SBI Chatli IFSC code

IFSC code

✔ In RBI list v2.0.62

SBIN0008987

MICR code

451City

002Bank

103Branch

IFSC code: SBIN0008987
MICR code: 451002103
Bank: State Bank of India
Branch: Chatli
Address: BLOCK NIWALI
City: Badwani
District: Chatli
State: Madhya Pradesh
Bank code: SBIN
Branch code: 008987
Payment systems: NEFT, RTGS, IMPS, UPI

Quick summary✔ RBI data Last synced 24 October 2026 · release v2.0.62

The IFSC code of State Bank of India, Chatli branch (Badwani, Madhya Pradesh) is SBIN0008987. Its MICR code is 451002103. Use the IFSC for NEFT, RTGS and IMPS transfers to accounts at this branch.

Branch overview

Bank code SBIN — identifies State Bank of India
5th character 0 — reserved by the RBI
Branch code 008987 — identifies Chatli
MICR 451002103 — city 451, bank 002, branch 103
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 Badwani

Branch	IFSC	MICR
Niwali TEHSIL SENDHWA	SBIN0005500	451002528
Barwani DISTBARWANI MADHYA PRADESH 451551	SBIN0006074	451002051
Palsood PAISOOD	SBIN0006803	451002519
Sendhwa RAJPAL COMPLEXA B ROADSENDHWA	SBIN0010798	451002101

Frequently asked questions

What is the IFSC code of SBI Chatli?

SBIN0008987. It identifies the Chatli branch of State Bank of India in Badwani, Madhya Pradesh.

What is the MICR code of SBI Chatli?

451002103. It is printed at the bottom of cheques issued by this branch.

Where is SBI Chatli branch?

BLOCK NIWALI, Chatli, Madhya Pradesh.

Does SBIN0008987 support NEFT, RTGS and IMPS?

Yes: the RBI list shows NEFT, RTGS, IMPS and UPI for this branch.

What do the parts of SBIN0008987 mean?

SBIN is the bank code of State Bank of India, the 5th character "0" is reserved by the RBI, and 008987 is the branch code of Chatli.

How many SBI branches are in Badwani?

5. Each has its own IFSC code.