It is very important to find IFSC code SBIN0018216 of correct branch before initiating a NEFT or RTGS or IMPS transfer. Though all banks will have a mechanism to verify the IFSC Code, Bank Branch, Account Type and Name and any mismatch will result in failed transaction!
The best and simplest place to verify SBIN0018216 IFSC code branch is the cheque book. Most banks now print IFSC Codes on the cheque books. Also, your account pass book should have the IFSC Code printed.
SBIN0018216 is the IFSC Code for Budhgaon branch of SBI. This can be used for online funds transfer via NEFT, RTGS amd IMPS to SBI account. The address of Budhgaon branch is Milkat no 545, gaonbhag, near gaonbag bus stand, post budhgaon, miraj, sangli, maharashtra 416304, which is located in Budhgaon District of Maharashtra State.
In State Bank Of India IFSC Code, the first 4 characters (SBIN) represent the bank name, 5th character is 0 (ZERO), which is reserved for future use. The last 6 characters (018216) represent the SBI Bank branch code.