Use this page as a one-stop reference for everything related to State Bank of India's CEMENT NAGAR branch in CHANDRAPUR, MAHARASHTRA. The branch's IFSC code SBIN0006872 is the key identifier you need whenever a remitter, employer or biller asks for a bank routing number to send funds to an account held at this branch. We have also included the branch's postal address, telephone number, banking hours, common services, and an extensive FAQ block that should answer almost every question that comes up when you are about to add this branch as a beneficiary in your net-banking app for the first time.
The Indian Financial System Code, popularly known as IFSC, is an 11-digit alphanumeric code that the RBI assigns to every bank branch participating in online interbank settlement. Without this code, an electronic transfer simply cannot reach its destination branch.
The IFSC for State Bank of India – CEMENT NAGAR is SBIN0006872. The first four letters SBIN are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 006872 map to this branch in CHANDRAPUR, MAHARASHTRA.
About the bank
State Bank of India serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Cement Nagar branch in Chandrapur, Maharashtra is part of this network and uses the IFSC code SBIN0006872 for all electronic settlement.
Branch details at a glance
| Bank Name | State Bank of India |
|---|---|
| Branch | Cement Nagar |
| IFSC Code | SBIN0006872 |
| MICR Code | Refer to cheque leaf |
| Branch Address | DISTCHANDRAPUR MAHARASHTRA 442502 |
| City | Chandrapur |
| District | Chandrapur |
| State | Maharashtra |
About the Cement Nagar branch
The Cement Nagar branch of State Bank of India is situated at DISTCHANDRAPUR MAHARASHTRA 442502. Customers visiting this branch can complete cash deposits, withdrawals, demand draft requests, cheque clearing, passbook updates and KYC formalities. For online transactions to or from this branch, the IFSC code SBIN0006872 is used.
The role of IFSC in India's payments network
India's electronic payment infrastructure — NEFT, RTGS, IMPS, UPI and the National Automated Clearing House (NACH) — is built on a single principle: every participating bank branch must be uniquely identifiable by an alphanumeric code. The Reserve Bank of India introduced the IFSC system to fulfil this requirement, and that is how State Bank of India's CEMENT NAGAR branch came to be assigned the code SBIN0006872.
Whether you are receiving a salary on the first of the month, paying a vendor invoice, settling an EMI, or accepting a refund from an e-commerce platform, the IFSC is the silent piece of metadata that tells the network where your account lives. Without IFSC SBIN0006872, money simply cannot be routed to the CEMENT NAGAR branch electronically.
Products and account variants supported
Every account opened at the Cement Nagar branch is mapped to IFSC SBIN0006872 on the RBI payments network. The branch generally supports the full retail product catalogue of State Bank of India, including:
- Resident savings accounts and salary accounts
- Current accounts for businesses and professionals
- Fixed deposits, recurring deposits and tax-saver deposits
- Demand drafts, banker's cheques and pay orders
- Retail loans — personal, vehicle, education, gold and home
- Credit cards and overdraft facilities (subject to eligibility)
- Third-party investment products such as mutual funds and insurance (through tie-ups)
Whichever product you choose, the IFSC for incoming credits remains SBIN0006872.
Banking services available
The Cement Nagar branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on the branch contact number.
- Savings, current and salary accounts
- Fixed deposits and recurring deposits
- Personal, vehicle and home loans
- Demat and investment products (where supported)
- Internet banking and mobile banking enrolment
- Debit and credit card issuance
- Locker facilities (subject to availability)
- Foreign exchange services (at authorised branches)
- Bill payments, demand drafts and pay orders
- NEFT / RTGS / IMPS / UPI fund transfers using IFSC SBIN0006872
How to transfer money using IFSC SBIN0006872
Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC SBIN0006872 across all three.
How to use IFSC SBIN0006872 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to State Bank of India's CEMENT NAGAR branch. NEFT now settles on a 24x7 basis in half-hourly batches and has no upper limit for retail customers (individual banks may impose their own caps).
- Log in to your internet banking or mobile banking app.
- Choose Add Beneficiary and select NEFT / Other Bank.
- Enter the beneficiary name, account number and the IFSC SBIN0006872.
- Confirm the bank name auto-populates as State Bank of India and the branch as CEMENT NAGAR.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
RTGS transfers via IFSC SBIN0006872
RTGS (Real-Time Gross Settlement) is the fastest high-value transfer mechanism in India. It is meant for transfers of ₹2 lakh and above and settles each transaction individually and instantly. To remit through RTGS to State Bank of India – CEMENT NAGAR, ensure your bank's portal accepts IFSC SBIN0006872 while registering the beneficiary. RTGS is also available 24x7.
IMPS to State Bank of India CEMENT NAGAR (IFSC SBIN0006872)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC SBIN0006872 in your mobile or internet banking app, and the money is credited to the CEMENT NAGAR branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC SBIN0006872 for State Bank of India – CEMENT NAGAR, but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.
| Parameter | NEFT | RTGS | IMPS |
|---|---|---|---|
| Minimum amount | ₹1 | ₹2,00,000 | ₹1 |
| Maximum amount | No RBI cap | No RBI cap | ₹5,00,000 |
| Settlement | Half-hourly batches | Real-time | Real-time |
| Availability | 24x7 | 24x7 | 24x7 |
| Best for | Routine transfers | High-value transfers | Urgent small / mid transfers |
| IFSC required | Yes – SBIN0006872 | Yes – SBIN0006872 | Yes – SBIN0006872 |
For most retail customers crediting the Cement Nagar branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.
UPI payments and IFSC SBIN0006872
UPI (Unified Payments Interface) has become the default way for individuals to send money in India. While most UPI transactions are addressed using a Virtual Payment Address (VPA) like name@bank, the underlying account at State Bank of India – CEMENT NAGAR is still mapped to IFSC SBIN0006872. When a customer links a savings or current account to a UPI app for the first time, the app silently looks up this IFSC against the account number to verify the account exists. The VPA acts as a friendly alias on top of the same plumbing.
If a UPI transfer to or from this branch fails, the most common reasons are an inactive UPI handle, a daily limit breach or a temporary outage at one of the participating banks — not the IFSC. You can always fall back to NEFT or IMPS using the IFSC SBIN0006872 and the beneficiary's account number to complete the transfer.
Online banking and IFSC SBIN0006872
State Bank of India customers can register for net banking and the bank's official mobile app once their account at the CEMENT NAGAR branch is active. Net banking lets you view balances, download statements, open fixed deposits, request cheque books and initiate NEFT/RTGS/IMPS transfers — all without setting foot in the branch. The IFSC SBIN0006872 is pre-filled by the bank for transfers originating from your own account, and you only need to enter it manually when adding an external beneficiary or sharing your account details with a third party.
MICR & cheque-truncation details
Cheques drawn on the Cement Nagar branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC SBIN0006872 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Things to verify before sending money
Banking errors are usually small typos that snowball into delayed credits and customer-care follow-ups. Use this short checklist before you confirm any transfer to State Bank of India – CEMENT NAGAR:
- The IFSC is exactly SBIN0006872 with no extra spaces.
- The beneficiary's account number matches what they shared, digit for digit.
- The portal auto-fills State Bank of India as the bank name and CEMENT NAGAR as the branch.
- The amount and the purpose of payment are correct.
- You have a valid OTP-verifying mobile number on hand.
A 30-second review here saves hours of reconciliation later.
How to reach the Cement Nagar branch
The branch is located at DISTCHANDRAPUR MAHARASHTRA 442502, which puts it inside Chandrapur, the broader Chandrapur district, and the state of Maharashtra. To plan your visit:
- Open Google Maps on your phone and search for “State Bank of India Cement Nagar branch” — the verified location pin for IFSC SBIN0006872 should appear at the top of the results.
- Confirm the branch is open by calling the branch contact number before stepping out, especially around public holidays.
- Carry photo ID and any account-related documents you may need for the transaction you plan to do.
Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC SBIN0006872 and your account number.
Verifying IFSC SBIN0006872 from official sources
The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm SBIN0006872 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on the branch contact number.
- Visiting the bank's official branch locator page.
Branch banking hours and holidays
Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The Cement Nagar branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC SBIN0006872, however, work 24x7.
Branch address & contact
State Bank of IndiaCement Nagar Branch
DISTCHANDRAPUR MAHARASHTRA 442502
Chandrapur, Maharashtra
Phone: the branch contact number
IFSC: SBIN0006872
Frequently asked questions
What is the IFSC code of State Bank of India Cement Nagar branch?
The IFSC code of State Bank of India, Cement Nagar branch is SBIN0006872. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Does State Bank of India Cement Nagar branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on the branch contact number to confirm.
How quickly will an NEFT transfer using SBIN0006872 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to State Bank of India – Cement Nagar reflect within 30 minutes.
Where is State Bank of India Cement Nagar branch located?
State Bank of India's Cement Nagar branch is located at DISTCHANDRAPUR MAHARASHTRA 442502, Chandrapur, Maharashtra.
Can I use IFSC SBIN0006872 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC SBIN0006872 to send funds instantly.
How do I add State Bank of India Cement Nagar as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC SBIN0006872, and complete OTP verification. Once activated, you can transfer funds at any time.
What is the difference between IFSC and MICR code?
IFSC is an 11-character alphanumeric code used for online transfers, while MICR is a 9-digit numeric code printed on cheques and used by cheque-clearing machines. Both identify the Cement Nagar branch but serve different purposes.
Is IFSC SBIN0006872 valid for NEFT and RTGS?
Yes. IFSC SBIN0006872 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Summary
The IFSC code SBIN0006872 belongs to State Bank of India's CEMENT NAGAR branch, located at DISTCHANDRAPUR MAHARASHTRA 442502 in CHANDRAPUR, MAHARASHTRA. Use this code along with the beneficiary's account number for any NEFT, RTGS or IMPS transfer to this branch. Bookmark this page for quick reference whenever you need the branch's banking details.
