Nexnews
Loading…

NOTIFICATIONS

 
15th May
    Loading…

    IFSC Code of State Bank of India, Lohi Branch, Maharashtra

    SBIN0007467 is the IFSC code of State Bank of India, Lohi Branch in Yavatmal, Maharashtra. Find branch address, phone, MICR and online transfer details here.

    This page lists the IFSC code, branch address, contact number and fund-transfer information for State Bank of India, LOHI branch in YAVATMAL. The 11-digit IFSC SBIN0007467 uniquely identifies this branch in the RBI's centralised payments network and is required for every NEFT, RTGS or IMPS transaction routed to this branch. If you are paying somebody who banks with State Bank of India at the LOHI location, this is the only IFSC you need.

    We have organised this page into clearly labelled sections so you can jump straight to the part that interests you — the IFSC and MICR details, the full postal address, the contact phone number, a quick primer on NEFT, RTGS and IMPS, the typical product line-up at the branch, and a frequently asked questions section that addresses the queries people raise most often about this branch.

    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 – LOHI is SBIN0007467. The first four letters SBIN are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 007467 map to this branch in YAVATMAL, 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 Lohi branch in Yavatmal, Maharashtra is part of this network and uses the IFSC code SBIN0007467 for all electronic settlement.

    Branch details at a glance

    Bank NameState Bank of India
    BranchLohi
    IFSC CodeSBIN0007467
    MICR CodeRefer to cheque leaf
    Branch AddressLOHISABMAHARASHTRA
    CityYavatmal
    DistrictYavatmal
    StateMaharashtra

    About this branch

    The branch is located at LOHISABMAHARASHTRA. It serves the Yavatmal 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 SBIN0007467 is used to identify this branch on the RBI payments network.

    Why every State Bank of India branch has a unique IFSC

    Before electronic settlement systems went live in India, money transfers between banks relied heavily on demand drafts, mail transfers and telegraphic transfers. These older instruments routinely took days to clear and were prone to misrouting because there was no single machine-readable identifier for a branch. The Reserve Bank of India solved this by issuing each participating branch — including LOHI of State Bank of India — its own 11-character IFSC. The code SBIN0007467 is therefore not just an internal reference; it is the digital postcode that lets the RBI's NEFT, RTGS and IMPS rails route funds straight to the right branch ledger without any human intervention.

    Today, almost every salary credit, vendor payment, refund and EMI deduction in the country flows through this network, which is exactly why a correct IFSC matters so much. A wrong character can either bounce the transfer or send it to the wrong branch, and reversing such a credit is a manual, time-consuming process. Treat IFSC SBIN0007467 the same way you would treat your account number — verify it once and save it carefully for future use.

    Products and account variants supported

    Every account opened at the Lohi branch is mapped to IFSC SBIN0007467 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 SBIN0007467.

    Products and services

    Customers walking into the Lohi 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 SBIN0007467

    How to transfer money using IFSC SBIN0007467

    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 SBIN0007467 across all three.

    NEFT to State Bank of India, LOHI using IFSC SBIN0007467

    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 SBIN0007467, and confirm that the system picks up State Bank of India – LOHI. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

    Real-Time Gross Settlement to LOHI

    If you need to transfer ₹2 lakh or more in one go to an account at State Bank of India's LOHI branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC SBIN0007467 while initiating the transfer and the credit will appear within minutes.

    Send money instantly through IMPS

    For a real-time, anytime transfer to State Bank of India – LOHI, use IMPS. With IFSC SBIN0007467 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.

    Comparing NEFT, RTGS and IMPS for transfers to Lohi

    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 SBIN0007467:

    • 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 LOHI is still linked to IFSC SBIN0007467.

    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 LOHI branch, the IFSC SBIN0007467 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 SBIN0007467

    State Bank of India customers can register for net banking and the bank's official mobile app once their account at the LOHI 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 SBIN0007467 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 Lohi branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC SBIN0007467 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 – LOHI:

    • The IFSC is exactly SBIN0007467 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 LOHI 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 Lohi branch sits at LOHISABMAHARASHTRA. If you are travelling from outside Yavatmal, 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 SBIN0007467 and your account number.

    Other ways to verify the IFSC code

    While this page already lists the verified IFSC SBIN0007467 for State Bank of India – LOHI, you can cross-check the code from any of these sources before initiating a high-value transfer:

    • The front of the cheque book issued by the branch – the IFSC is printed at the top of every leaf.
    • The first page of your passbook.
    • The bank's official website under the branch locator.
    • The Reserve Bank of India's IFSC search portal.
    • Net banking dashboards usually display the home-branch IFSC under account details.

    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 Lohi branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC SBIN0007467, however, work 24x7.

    Branch address & contact

    State Bank of India
    Lohi Branch
    LOHISABMAHARASHTRA
    Yavatmal, Maharashtra
    Phone: the branch contact number
    IFSC: SBIN0007467

    Frequently asked questions

    Where is State Bank of India Lohi branch located?

    State Bank of India's Lohi branch is located at LOHISABMAHARASHTRA, Yavatmal, Maharashtra.

    How quickly will an NEFT transfer using SBIN0007467 be credited?

    NEFT settles in half-hourly batches around the clock. Most transfers to State Bank of India – Lohi reflect within 30 minutes.

    Is IFSC SBIN0007467 valid for NEFT and RTGS?

    Yes. IFSC SBIN0007467 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.

    What is the IFSC code of State Bank of India Lohi branch?

    The IFSC code of State Bank of India, Lohi branch is SBIN0007467. It is used for NEFT, RTGS and IMPS fund transfers to this branch.

    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 Lohi branch but serve different purposes.

    How do I add State Bank of India Lohi as a beneficiary?

    Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC SBIN0007467, and complete OTP verification. Once activated, you can transfer funds at any time.

    Does State Bank of India Lohi branch offer locker facilities?

    Locker availability depends on branch size and customer demand. Please contact the branch on the branch contact number to confirm.

    Summary

    The IFSC code SBIN0007467 belongs to State Bank of India's LOHI branch, located at LOHISABMAHARASHTRA in YAVATMAL, 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.

    keyboard_arrow_up