It is very important to find correct branch before initiating any bank process. Though all banks will have a mechnism to verify the Pen Branch, Account Type, IFSC Code, MICR Code, and Account Name, etc. and any mismatch will result in failed transaction!
The best and simplest place to verify Pen branch is the cheque book. All banks will print the Pen on the cheque books. Also, your account pass book should have the Pen branch printed.
The address of Pen branch is Plot no 2 syno 64 a hissa no 1 mhatre b near urdu school opp st stand pen, which is located in Raigad District of Maharashtra State. IFSC code used in online fund transfer and MICR code used in clearing of cheques for SBI Pen is also provided.
Pen has number of branches spread across India. Branch banking has undergone significant changes in response to the competition in financial services market and the ever increasing consumer demands. This leads to a single consumer bearing more than one account in different banks and due to internet banking, as in case of SBI Pen branch, fund transfer between these banks is also possible.
*The Bank Branch information information presented above is for reference only. Please verify Bank Branch details before initiating any transfer or operation!