Use this page as a one-stop reference for everything related to State Bank of India's KONDAVE branch in KONDAVE, MAHARASHTRA. The branch's IFSC code SBIN0015475 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 – KONDAVE is SBIN0015475. The first four letters SBIN are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 015475 map to this branch in KONDAVE, MAHARASHTRA.
Branch details at a glance
| Bank Name | State Bank of India |
|---|---|
| Branch | Kondave |
| IFSC Code | SBIN0015475 |
| MICR Code | Refer to cheque leaf |
| Branch Address | KONDAVE, DATTAKALA, 169/1, VIGHNAHARTA HOUSING SOCIETY, SATARA MEDHA ROAD, TAL SATARA, DIST SATARA 415 002 |
| City | Kondave |
| District | Satara |
| State | 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 Kondave branch in Kondave, Maharashtra is part of this network and uses the IFSC code SBIN0015475 for all electronic settlement.
About the Kondave branch
The Kondave branch of State Bank of India is situated at KONDAVE, DATTAKALA, 169/1, VIGHNAHARTA HOUSING SOCIETY, SATARA MEDHA ROAD, TAL SATARA, DIST SATARA 415 002. 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 SBIN0015475 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 KONDAVE branch came to be assigned the code SBIN0015475.
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 SBIN0015475, money simply cannot be routed to the KONDAVE branch electronically.
How to transfer money using IFSC SBIN0015475
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 SBIN0015475 across all three.
How to use IFSC SBIN0015475 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to State Bank of India's KONDAVE 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 SBIN0015475.
- Confirm the bank name auto-populates as State Bank of India and the branch as KONDAVE.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
Real-Time Gross Settlement to KONDAVE
If you need to transfer ₹2 lakh or more in one go to an account at State Bank of India's KONDAVE branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC SBIN0015475 while initiating the transfer and the credit will appear within minutes.
IMPS to State Bank of India KONDAVE (IFSC SBIN0015475)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC SBIN0015475 in your mobile or internet banking app, and the money is credited to the KONDAVE branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC SBIN0015475 for State Bank of India – KONDAVE, 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 – SBIN0015475 | Yes – SBIN0015475 | Yes – SBIN0015475 |
For most retail customers crediting the Kondave 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.
How UPI relates to the IFSC code
UPI lets you pay using a short Virtual Payment Address instead of typing the IFSC every time, but behind the scenes every UPI mandate is mapped to an account number plus an IFSC. For accounts at State Bank of India's KONDAVE branch, the IFSC SBIN0015475 is what the National Payments Corporation of India (NPCI) uses to route the credit when you tap Pay on a UPI app.
That is why, even in the UPI era, it is still worth knowing the IFSC of your home branch — for failed UPI mandates, e-mandate set-ups, third-party platform onboarding and salary or refund credits.
Account types you can open at the Kondave branch
Once you have an account at State Bank of India – KONDAVE, the IFSC SBIN0015475 stays the same regardless of the type of account you hold. The branch typically supports the following options:
- Savings account — for individuals, with chequebook, ATM card and net-banking access.
- Current account — for sole proprietors, partnerships and companies that need higher transaction volumes.
- Salary account — opened in bulk for corporate employees, often with zero-balance benefits.
- NRE / NRO accounts — for non-resident Indians who want to repatriate or maintain rupee balances in India.
- Fixed deposit and recurring deposit — term-based investment accounts with quarterly or cumulative interest.
- Senior citizen accounts — concessional minimum balance and a small interest rate premium on FDs.
- Minor and student accounts — operated jointly with a guardian until the customer turns 18.
Eligibility, minimum balance and KYC requirements vary by product. Speak to a relationship officer at the branch for the latest schedule of charges and interest rates.
Products and services
Customers walking into the Kondave branch can access most of State Bank of India's standard product suite, including:
- Account opening – savings, current, NRI, salary
- Term deposits and recurring deposits
- Retail and small-business loans
- Insurance and mutual-fund tie-ups
- Locker, safe deposit and ATM card services
- Online and mobile banking activation
- Electronic transfers via IFSC SBIN0015475
MICR & cheque-truncation details
Cheques drawn on the Kondave branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC SBIN0015475 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Digital banking channels
Most day-to-day work that customers used to do at the Kondave branch counter can now be completed digitally — adding a beneficiary, transferring funds, applying for a fixed deposit, raising a service request or downloading account statements. The IFSC SBIN0015475 is the link between the digital channel and the branch ledger; once a transaction is confirmed, the credit or debit is reflected in the same core banking system that the branch officers see.
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 – KONDAVE:
- The IFSC is exactly SBIN0015475 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 KONDAVE 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.
Reaching the branch
The Kondave branch sits at KONDAVE, DATTAKALA, 169/1, VIGHNAHARTA HOUSING SOCIETY, SATARA MEDHA ROAD, TAL SATARA, DIST SATARA 415 002. If you are travelling from outside Kondave, search for the branch on a maps application using the bank name and locality, or call the branch contact number to ask for landmarks. Many customers find it easier to skip the trip altogether: net banking, mobile apps, NEFT, RTGS, IMPS and UPI all work using the IFSC SBIN0015475 and your account number.
Verifying IFSC SBIN0015475 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 SBIN0015475 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 Kondave branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC SBIN0015475, however, work 24x7.
Branch address & contact
State Bank of IndiaKondave Branch
KONDAVE, DATTAKALA, 169/1, VIGHNAHARTA HOUSING SOCIETY, SATARA MEDHA ROAD, TAL SATARA, DIST SATARA 415 002
Kondave, Maharashtra
Phone: the branch contact number
IFSC: SBIN0015475
Frequently asked questions
Where is State Bank of India Kondave branch located?
State Bank of India's Kondave branch is located at KONDAVE, DATTAKALA, 169/1, VIGHNAHARTA HOUSING SOCIETY, SATARA MEDHA ROAD, TAL SATARA, DIST SATARA 415 002, Kondave, Maharashtra.
Does State Bank of India Kondave 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 do I add State Bank of India Kondave as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC SBIN0015475, and complete OTP verification. Once activated, you can transfer funds at any time.
What is the phone number of State Bank of India Kondave branch?
You can reach the branch at the branch contact number during regular banking hours.
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 Kondave branch but serve different purposes.
Can I use IFSC SBIN0015475 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC SBIN0015475 to send funds instantly.
Summary
The IFSC code SBIN0015475 belongs to State Bank of India's KONDAVE branch, located at KONDAVE, DATTAKALA, 169/1, VIGHNAHARTA HOUSING SOCIETY, SATARA MEDHA ROAD,… in KONDAVE, 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.
