Use this page as a one-stop reference for everything related to State Bank of India's PHOOP branch in PHOOP, MADHYA PRADESH. The branch's IFSC code SBIN0065002 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.
IFSC stands for Indian Financial System Code. It is an 11-character code that pinpoints a particular bank branch on the RBI's real-time payment rails. Every NEFT, RTGS or IMPS instruction must carry the destination branch's IFSC for the credit to land in the correct account.
In our case, SBIN0065002 is the IFSC of State Bank of India's PHOOP branch. The format is fixed: SBIN = bank code, 0 = reserved, 065002 = branch identifier.
About State Bank of India
State Bank of India operates a wide network of branches across India, including the Phoop branch in Phoop. Each branch is enabled for NEFT, RTGS, IMPS and core banking, allowing customers to send and receive money anywhere in the country using a unique IFSC – in this case, SBIN0065002.
Branch details at a glance
| Bank Name | State Bank of India |
|---|---|
| Branch | Phoop |
| IFSC Code | SBIN0065002 |
| MICR Code | Refer to cheque leaf |
| Branch Address | VILLAGE& POST - PHOOP,TEHSIL - BHIND,DISTRICT - BHIND,PIN CODE-477555 |
| City | Phoop |
| District | Phoop |
| State | Madhya Pradesh |
| STD Code | 8681 |
| Phone | 9179332428 |
About this branch
The branch is located at VILLAGE& POST - PHOOP,TEHSIL - BHIND,DISTRICT - BHIND,PIN CODE-477555. It serves the Phoop region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of State Bank of India. The IFSC SBIN0065002 is used to identify this branch on the RBI payments network.
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 PHOOP branch came to be assigned the code SBIN0065002.
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 SBIN0065002, money simply cannot be routed to the PHOOP branch electronically.
Account types you can open at the Phoop branch
Once you have an account at State Bank of India – PHOOP, the IFSC SBIN0065002 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 Phoop 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 SBIN0065002
How to transfer money using IFSC SBIN0065002
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 SBIN0065002 across all three.
NEFT to State Bank of India, PHOOP using IFSC SBIN0065002
National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.
To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC SBIN0065002, and confirm that the system picks up State Bank of India – PHOOP. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC SBIN0065002
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 – PHOOP, ensure your bank's portal accepts IFSC SBIN0065002 while registering the beneficiary. RTGS is also available 24x7.
IMPS to State Bank of India PHOOP (IFSC SBIN0065002)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC SBIN0065002 in your mobile or internet banking app, and the money is credited to the PHOOP branch account within seconds.
Comparing NEFT, RTGS and IMPS for transfers to Phoop
The right transfer rail depends on how urgent the payment is, how large it is, and whether the receiving bank participates in the chosen scheme. Every option below works with the IFSC SBIN0065002:
- NEFT — best for everyday transfers of any amount; settles in half-hourly batches around the clock.
- RTGS — best for transfers of ₹2 lakh and above; settles each transaction individually in real time.
- IMPS — best when speed matters more than batch scheduling; instant credit up to ₹5 lakh.
- UPI — best for small peer-to-peer payments using a VPA; the underlying account at PHOOP is still linked to IFSC SBIN0065002.
For salary credits, vendor payouts and refunds, employers and merchants usually default to NEFT because of its zero per-transaction cost for retail customers and its 24x7 availability.
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 PHOOP branch, the IFSC SBIN0065002 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.
Online banking and IFSC SBIN0065002
State Bank of India customers can register for net banking and the bank's official mobile app once their account at the PHOOP 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 SBIN0065002 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 code & cheque clearing
Apart from IFSC, every cheque book issued by State Bank of India carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC SBIN0065002 and the account number together uniquely identify the Phoop branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
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 – PHOOP:
- The IFSC is exactly SBIN0065002 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 PHOOP 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 Phoop branch
The branch is located at VILLAGE& POST - PHOOP,TEHSIL - BHIND,DISTRICT - BHIND,PIN CODE-477555, which puts it inside Phoop, the broader Phoop district, and the state of Madhya Pradesh. To plan your visit:
- Open Google Maps on your phone and search for “State Bank of India Phoop branch” — the verified location pin for IFSC SBIN0065002 should appear at the top of the results.
- Confirm the branch is open by calling 8681-9179332428 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 SBIN0065002 and your account number.
Verifying IFSC SBIN0065002 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 SBIN0065002 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 8681-9179332428.
- Visiting the bank's official branch locator page.
Working hours
Branch counters at Phoop are usually open from 10 AM to 4 PM on weekdays. Saturdays follow the RBI's alternate-Saturday rule. Even when the branch is closed, NEFT, RTGS, IMPS and UPI transfers addressed to SBIN0065002 continue to work without interruption.
Branch address & contact
State Bank of IndiaPhoop Branch
VILLAGE& POST - PHOOP,TEHSIL - BHIND,DISTRICT - BHIND,PIN CODE-477555
Phoop, Madhya Pradesh
Phone: 8681-9179332428
IFSC: SBIN0065002
Frequently asked questions
What is the IFSC code of State Bank of India Phoop branch?
The IFSC code of State Bank of India, Phoop branch is SBIN0065002. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Is IFSC SBIN0065002 valid for NEFT and RTGS?
Yes. IFSC SBIN0065002 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Where is State Bank of India Phoop branch located?
State Bank of India's Phoop branch is located at VILLAGE& POST - PHOOP,TEHSIL - BHIND,DISTRICT - BHIND,PIN CODE-477555, Phoop, Madhya Pradesh.
How quickly will an NEFT transfer using SBIN0065002 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to State Bank of India – Phoop reflect within 30 minutes.
Does State Bank of India Phoop branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 8681-9179332428 to confirm.
Can I use IFSC SBIN0065002 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC SBIN0065002 to send funds instantly.
Summary
The IFSC code SBIN0065002 belongs to State Bank of India's PHOOP branch, located at VILLAGE& POST - PHOOP,TEHSIL - BHIND,DISTRICT - BHIND,PIN CODE-477555 in PHOOP, MADHYA PRADESH. 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.
