What are the key benefits of SBI Credit Cards?

SBI Credit Cards offer a wide range of benefits, including rewards, cashback, lounge access, discounts, and insurance coverage.

How can I apply for an SBI Credit Card?

You can apply for an SBI Credit Card online through the Paisabazaar platform, where you can compare card options and check for pre-approved offers.

What factors should I consider when choosing an SBI Credit Card?

Consider your spending habits, lifestyle, and financial goals to select a card that best suits your needs, such as travel, shopping, or rewards.

How can I manage my SBI Credit Card efficiently?

SBI Card offers a user-friendly mobile app and online banking services to help you manage your card, check statements, make payments, and access additional features.

What precautions should I take to avoid accumulating credit card debt?

Responsible credit card usage includes paying bills on time, managing credit limits wisely, and avoiding unnecessary spending to prevent debt accumulation.

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Trusted by 1L+ Indians

Want to Achieve any of the below Goals upto 80% faster?

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Dream Wedding

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Retirement

1st Crore

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Dream Wedding

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Retirement

1st Crore

Trusted by 3 Crore+ Indians

Want to Achieve any of the below
Goals upto 80% faster?

Dream Home

Dream Wedding

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Retirement

1st Crore

Trusted by 3 Crore+ Indians

Want to Achieve any of the below
Goals upto 80% faster?

Dream Home

Dream Wedding

Dream Car

Retirement

1st Crore

Trusted by 3 Crore+ Indians

Want to Achieve any of the below Goals upto 80% faster?

Dream Home

Dream Wedding

Dream Car

Retirement

1st Crore

Trusted by 3 Crore+ Indians

Want to Achieve any of the below Goals upto 80% faster?

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SBI IFSC Code & MICR Code

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SBI IFSC Code & MICR Code

Jun 22, 2024

15 Mins

State-wise List of SBI IFSC Code & MICR Code

The SBI IFSC code is an 11-digit alphanumeric code used to identify a specific bank branch for electronic transactions like NEFT, RTGS, and IMPS. Each branch of the State Bank of India has a unique IFSC code.

For example, the IFSC code for the Airport Road branch is SBIN0020852, while the code for the Bommasandra branch is SBIN0021745.

How to Search for IFSC/MICR Codes

Search by Bank

Search by State

Select your state

Select your district

Select your branch

Or Choose the State from the List Below

Understanding SBI IFSC Code

In the 11-digit SBI IFSC Code:

The first four letters 'SBIN' represent the bank name (State Bank of India).

The fifth character '0' is reserved for future use.

The last six characters represent the specific branch code.

The IFSC (Indian Financial System Code) is essential for transferring money using NEFT, RTGS, IMPS, and internet banking. Quoting the correct IFSC code ensures seamless fund transfers.

Below are examples of SBI IFSC codes for branches in Bangalore (Urban):

IFSC Code Remittance Services Mode of Payment Open Hours (Monday to Saturday) Bank Details

SBIN0020852 NEFT Cash, Cheque, Demand Draft, Net Banking 10:00 am to 4:00 pm State Bank of India, Airport Road

SBIN0021615 NEFT Cash, Cheque, Demand Draft, Net Banking 10:00 am to 4:00 pm State Bank of India, Attibele

Revised SBI IFSC Codes After Merger

Following a merger with five associate banks and Bharatiya Mahila Bank in 2017, SBI revised the IFSC codes of about 1,300 branches. The updated codes can be found by entering the bank and branch details on the designated platform.

How to Find SBI IFSC and MICR Codes

You can find the SBI IFSC and MICR codes:

Printed on your cheque book.

On the official SBI website.

On third-party financial and comparison websites.

One such website is BankBazaar, where you can select your bank, state, district, and branch to get the IFSC and MICR codes along with branch address and contact details.

Methods for SBI Fund Transfers

SBI offers multiple methods for safe and easy fund transfers, including NEFT, RTGS, and IMPS. These services enable money transfers not only to other SBI branches but also to any other bank branch in the country.

National Electronic Funds Transfer (NEFT)

NEFT allows easy and convenient money transfers with no maximum transaction limit for branch transactions and up to Rs. 10 lakh for net banking transactions. NEFT operates on a set schedule of timings.

Real Time Gross Settlement (RTGS)

RTGS is a quick method of money transfer, settled in real-time. There are no transaction limits for branch transactions, and RTGS transactions are not limited to India.

Immediate Payment Service (IMPS)

IMPS enables swift fund transfers 24/7, including Sundays and bank holidays. The money gets credited to the receiver’s account within minutes.

Minimum and Maximum Amount for RTGS/NEFT Transactions

Type Minimum Maximum for Vyapaar Maximum for Vistaar

RTGS INR 2 lakhs INR 50 lakhs INR 500 crores

NEFT No Minimum INR 50 lakhs INR 500 crores

RTGS/NEFT/ECS Fees & Charges

Transaction Slab NEFT Charges RTGS Charges (09.00 to 12.00 Hours) RTGS Charges (Post 12.00 Hours to 15.30 Hours) RTGS Charges (Post 15.30 Hours to 16.30 Hours)

Up to INR 10,000 INR 2.50 INR 25 INR 26 INR 31

Up to INR 1 lakh INR 5

Between INR 1 lakh & 2 lakhs INR 15

More than INR 2 lakhs INR 25 INR 51 INR 52 INR 56

Information Required for Funds Transfer

Remittance Amount
SBI Bank account number
Beneficiary’s bank name
Beneficiary’s name
Beneficiary’s account number
Sender to receiver information
IFSC code of the beneficiary’s bank branch

Types of Accounts Offered by SBI

Type of Account Interest Rate

SBI NRE Account 3.5% for up to Rs. 1 lakh

SBI Fixed Deposit 6.25% (maximum for 10 years)

SBI Savings Account 3.5% up to Rs. 1 lakh

SBI Corporate Account -

Recurring Deposit 6.90%

SBI Current Account -

About State Bank of India (SBI)

State Bank of India is a multinational public sector banking and financial services company headquartered in Mumbai, India. As of December 2013, SBI's assets amounted to over USD 388 billion with 17,000 branches across India and 190 overseas branches, making it the largest financial services firm in India. It offers a wide range of banking services, including personal banking, agricultural banking, NRI services, international banking, and corporate services.

Popular SBI Branches

SBI Mangalagiri Bazar Branch
SBI Dwarakapuri Punjagutta Branch
SBI Sripuram Branch Hyderabad
SBI District Collector Office Prakasam Bhavan Branch
SBI Andhra Pradesh Grameen Vikas Bank RRB Branch
SBI Mahabubabad Branch
SBI Mahua Branch
SBI Sector 30 Chandigarh Branch
SBI Smriti Nagar Bhilai Branch
SBI AIIMS Raipur Branch
SBI Central Market Lajpat Nagar Delhi Branch
SBI Chandni Chowk Branch
SBI New Ashok Nagar Delhi Branch
SBI Sme Law Garden Branch
SBI Civil Hospital Road Branch
SBI Huda Complex Rohtak Branch
SBI Bashattihalli Indlestate Branch
SBI Koramangala Branch
SBI Salt Lake Ac Block Branch
SBI Racpc Whitefield Branch
SBI Haripad Branch
SBI Thiruvannur Kozhikode Branch
SBI Sadar Jabalpur Branch
SBI Chinchwad Pune Branch
SBI Ambajogai Road Latur Branch
SBI Bajaj Nagar Nagpur Branch
SBI Ashok Nagar Branch
SBI Indira Nagar Nasik Branch
SBI G S Road Evening Branch
SBI Rourkela Township Branch
SBI Pondicherry Town Branch
SBI Army Cantt Area Jodhpur Branch
SBI Anna University Branch
SBI Hasthinapuram Branch
SBI Racpc Mrc Nagar Chennai Branch
SBI Zam Bazaar Branch
SBI Saibaba Colony Branch
SBI Cumbam Adb Branch
SBI Palani Branch
SBI Vandalur Branch
SBI Lady Doak College Madurai Branch
SBI Voc Nagar Branch
SBI Thennampalayam Branch
SBI Cheyyar Branch
SBI Ulunderpet Branch
SBI Purvanchal Gramin Bank Branch
SBI Khadra Branch
SBI Shastri Nagar Meerut Branch
SBI Rajiv Gandhi South Campus Bhu Barkachha Branch

State-wise List of SBI IFSC Code & MICR Code

For example, the IFSC code for the Airport Road branch is SBIN0020852, while the code for the Bommasandra branch is SBIN0021745.

How to Search for IFSC/MICR Codes

Search by Bank

Search by State

Select your state

Select your district

Select your branch

Or Choose the State from the List Below

Understanding SBI IFSC Code

In the 11-digit SBI IFSC Code:

The first four letters 'SBIN' represent the bank name (State Bank of India).

The fifth character '0' is reserved for future use.

The last six characters represent the specific branch code.

The IFSC (Indian Financial System Code) is essential for transferring money using NEFT, RTGS, IMPS, and internet banking. Quoting the correct IFSC code ensures seamless fund transfers.

Below are examples of SBI IFSC codes for branches in Bangalore (Urban):

IFSC Code Remittance Services Mode of Payment Open Hours (Monday to Saturday) Bank Details

SBIN0020852 NEFT Cash, Cheque, Demand Draft, Net Banking 10:00 am to 4:00 pm State Bank of India, Airport Road

SBIN0021615 NEFT Cash, Cheque, Demand Draft, Net Banking 10:00 am to 4:00 pm State Bank of India, Attibele

Revised SBI IFSC Codes After Merger

How to Find SBI IFSC and MICR Codes

You can find the SBI IFSC and MICR codes:

Printed on your cheque book.

On the official SBI website.

On third-party financial and comparison websites.

One such website is BankBazaar, where you can select your bank, state, district, and branch to get the IFSC and MICR codes along with branch address and contact details.

Methods for SBI Fund Transfers

National Electronic Funds Transfer (NEFT)

Real Time Gross Settlement (RTGS)

RTGS is a quick method of money transfer, settled in real-time. There are no transaction limits for branch transactions, and RTGS transactions are not limited to India.

Immediate Payment Service (IMPS)

IMPS enables swift fund transfers 24/7, including Sundays and bank holidays. The money gets credited to the receiver’s account within minutes.

Minimum and Maximum Amount for RTGS/NEFT Transactions

Type Minimum Maximum for Vyapaar Maximum for Vistaar

RTGS INR 2 lakhs INR 50 lakhs INR 500 crores

NEFT No Minimum INR 50 lakhs INR 500 crores

RTGS/NEFT/ECS Fees & Charges

Transaction Slab NEFT Charges RTGS Charges (09.00 to 12.00 Hours) RTGS Charges (Post 12.00 Hours to 15.30 Hours) RTGS Charges (Post 15.30 Hours to 16.30 Hours)

Up to INR 10,000 INR 2.50 INR 25 INR 26 INR 31

Up to INR 1 lakh INR 5

Between INR 1 lakh & 2 lakhs INR 15

More than INR 2 lakhs INR 25 INR 51 INR 52 INR 56