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List of IFSC Code of STATE BANK OF INDIA SBI, PATNA

SR	BRANCH	ADDRESS
1	A.G. COLONY, PATNA	HOUSE OF SRI BMK SINHA, RADHIKA COMPLEX, A.G. COLONY, MAIN ROAD, PATNA, BIHAR800023
2	ADB BARH	POBARH
3	AGAMKUAN	BIHAR, PIN - 8000007
4	AGM SME AO PATNA	STATE BANK OF INDIA, ADMINISTRATIVE OFFICE, BUILDING,2ND FLOOR, JUDGES COURT ROAD, PATNA-800001
5	AIIMS PHULWARISHARIF	RAINDRA COMPLEX,NAWADA MORE,AIIMS RD,PHULWARISHARIF,PATNA.BIHAR 801505
6	AIR FORCE STATION BIHTA	AIR FORCE STATION CAMPUS,BIHTA,VILLAGE DEVKULI,BIHTA,DISTT.PATNA.BIHAR 801105
7	AKHTIYARPUR	DIST PATNA,BIHAR 848111
8	ALIPUR	PONASARPURA,DT,PATNA,BIHAR
9	AMY BIHTA	DIST PATNA, BIHAR 801103
10	AMY FATWAH	GOVINDPUR KURTHA, FATWAH, DT PATNA, BIHAR 803201
11	AMY,KATRA BAZAR	P.O.KATRA.BAZAAR,PATNA,PIN.0
12	ANANDPURI	WEST BORING CANAL ROAD,PATNA,BIHAR,PIN 800001
13	ANISABAD,PATNA	PATNABIHARPATNA, BIHAR , PIN - 800002
14	ANS COLLEGE BARH	ATANS COLLEGE BARH,INFRONT OF GENERAL HOSPITAL, BARH, DIST.PATNA,BIHAR- 803213
15	ARAP	DIST.PATNASTATE.BIHARPIN.801104.
16	ASHIANA NAGAR	PATNAPHASE-1PATNA, BIHAR , PIN - 800025
17	ASHOK RAJPATH, PATNA	ASHOK RAJPATH, PATNA 800004
18	ATHMALGOLA	POATHMALGOLA
19	AUNTA	P O MOKAMEHA GHAT
20	BAHADURPUR	POBAHADURPURPATNA
21	BAILEY ROAD	DIST PATNA, BIHAR 800015
22	BAKHTIYARPUR	DIST PATNA, BIHAR 845101
23	BANKAGHAT	POKACHCHI DARGAH,DISTT PATNA,BIHAR 803201
24	BARH	PATNA BIHAR 803213
25	BEUR	SMRITI,KRISHNA BIHAR COLONY,NEAR SUPREME FURNITURE,BEUR,PATNA - 800002
26	BHAISWAN	DIST PATNA,BIHAR
27	BHIKHNAPAHARI, PATNA	BHIKHANAPAHARI,PATNA,BIHAR,PIN 800006
28	BHOJPUR COLONY, PATNA	RAM LAKHAN PATH, NEW BYPASS ROAD, KANKARBAGH, DIST PATNA, BIHAR 800020
29	BIHAR VETERINARY COLLEGE COMPLEX	PHULWARI SHARIFT. PATNABIHAR 801505
30	BIHTA	DIST PATNA BIHAR 801100
31	BIHTA DIST PATNA	BIHTA MAIN ROAD,OPPOSITE OLD BANDH OFFICE,POST BIHTA,DIST. PATNA,BIHAR
32	BIKRAM	BLOCK ROAD,NEAR MAGAHIYA PUSTAK BHANDAR,BIKRAM,PATNA,DIST PATNA 801104
33	BORING CANAL ROAD, PATNA	EAST BORING CANAL ROAD PATNA, BIHAR ,PIN - 800001
34	BORING ROAD	DIST PATNA, BIHAR 800001
35	BSEB PATNA	FRASER ROAD WEST OF AIR STN PATNA, BIHAR 800017
36	CB PATLIPUTRA	7 , PATLIPUTRA COLONY ,PATNABIHAR , PIN - 800013
37	CCPC, PATNA	PATNA BIHAR
38	CHAK JALAL	CHAK JALAL,BLOCK PANDARAK,VIA BARH,DISTT.PATNA.BIHAR 803213
39	CHANAKYA LAW COLLEGE	IN THE HOUSE OF VIDYA NANA SINGH, NEW VIGRAHPUR, NEAR BUS STAND, DISTT. PATNA. BIHAR 800001
40	CHAUHATTA	ASHOK RAJ PATH,PATNA,PATNA PATNA,BIHAR 800001
41	CPPC PATNA	301, ABHISHEK PLAZA, EXHIBITION ROAD, DISTT. PATNA, BIHAR 834 001
42	DANAPUR	DISTPATNA BIHAR 801503
43	DANAPUR BAZAR	VIJAY KUMAR JAISWAL,GANDHIPATH,TAKIYAPAR,DIGHA,PS DANAPUR,PATNA.BIHAR 800012
44	DANAPUR CANTONEMENT	DANAPUR CANTONEMENT, DANAPUR, DIST PATNA 801503
45	DANIAWAN	ATPO BHAGAT MARKKET, MAIN ROAD, DANIAWAN 801304
46	DARIYAPUR GOLA	SABZIBAGH,PATNA,PIN.800004
47	DIGHA	P.O.-BATAGANJ, PATNA, BIHAR 800 012
48	DOCUMENT ARCHIVAL CENTRE, PATNA	DOCUMENT ARCHIVAL CENTRE,PATNA,ADMINISTRATIVE OFFICE,J C ROAD,PATNA,DIST PATNA 800001
49	DOMAN	DIST PATNA,BIHAR
50	DR B R AMBEDKAR COLLEGE	DR B.R.AMBEDKAR DENTAL COLLEGE,HARIOM NAGAR,NEW BAILEY ROAD,PO RAMJAIPAL NAGAR,PATNA.BIHAR 801503
51	DRM OFFICE, KHAGAUL	ANANDENCLAVE HO SRI ASHOK KUMAR SINHACANTT ROADRAMPUR GARIKHANAPOKHAGAULPATNA BIHAR801105
52	DSH PATNA	ABHISHEK PLAZA, EXHIBITION ROAD PATNA 800019
53	DULHIN BAZAR	DULHIN BAZAR,P.O BELHOURI,BLOCK DULHIN BAZAR,DULHIN BAZAR,DISTT.PATNA.BIHAR 801102
54	DUMRI	AT DUMRI IN HOUSE OF SRI JAMUNA SINGH , PO DUMRI, BLOCK FATWAH, DIST PATNA, BIHAR 803201
55	EXHIBITION ROAD PATNA	DISTPATNA BIHAR 800001
56	FIC DANIYANWAN	DANIAWAH P.O DANIAWAH DISTT PATNA, BIHAR 801304
57	FIC SAMPATCHAK	FIC SAMPATCHAK, PATNA 800003
58	FRASER ROAD	SHAHI COMPLEX, 1ST FLOOR,NEW DAKBUNGLOW ROAD,PATNAPATNA, BIHAR ,PIN-800001
59	FRAZER ROAD, PATNA	HARSHWARDHAN,LOK NAYAK BHAWAN,PATNA 800001
60	FSLO PATNA	DIST,PATNASTATE,BIHARPIN,800001,
61	GARDANIBAGH	PATNA BIHAR
62	GARHANI	GARHANI,AT GARHANI,PO GARHANI,DISTPATNA 802203
63	GHOSHWARI	DHANKOVE,GHOSHWARI MOKAMA,PS GHOSWARI,PATNA,DIST PATNA 803302
64	GOLA ROAD PATNA	GOLA ROAD,NEAR GURUKUL SCHOOL,MAIN GOLA ROAD,PS DANAPUR,PO DANAPUR CANTT,DISTT.PATNA.BIHAR 801503
65	GOVIND MITRA ROAD, PATNA	JAI MARKET OPP CANARA BANK,GOVIND MITRA ROAD,PATNA,DISTPATNA 800001
66	GULZARBAGH	DISTPATNA BIHAR 800007
67	HAJIGANJ	PATNA,STATE BIHAR,PIN 800008
68	HANUMAN NAGAR	SHANKER MARKET PATNA BIHAR
69	HARNAUT	PATNA RANCHI ROAD,OPPOSITE GONAMA ROAD,HARNAUT,DISTPATNA 803110
70	HATHIDAH BUJURG	IN THE HOUSE OF DHIRENDRA PRASAD SINGH,HATHIDAH,BESIDE BATA COMPANY,PATNA,DISTT.PATNA.BIHAR 803301
71	IFB PATNA	NARAIN HOUSE, NAGESHWAR COLONY, BORING ROAD PATNA ,PIN - 800001
72	IGIMS	SHEIKHAPUR BAGICHA, P.O.B V COLLEGE, PATNA ,PIN - 800014
73	IIT BIHTA	IIT BIHTA CAMPUS, ADMINISTRATIVE BUILDING, AMHARA, PS-BIHTA, DISTT-PATNA, BIHAR-801103
74	J.D.WOMEN'S COLLEGE, PATNA	J D WOMEN S COLLEGE, PATNA 800023
75	JAGDEO PATH	PARTHA ASTHA, BESIDES SBI COLONY, KHAJPURA, BAILEY ROAD, JAGDEO PATH CHOWK, DIST PATNA, BIHAR 800014
76	JAGDISHPUR	BALUWACHAK,THANA JAGDISHPUR,DISTBHAGALPUR813105
77	JUDGES COURT RD	JUDGES COURT RD, PATNA, BIHAR 800001
78	KADAMKUAN	SHASHI PLACE, NALA ROAD KADAMKUAN PATNA, BIHAR 800004
79	KANKARBAGH	P.O.-KANKERBAGH, PATNA, BIHAR
80	KANKARBAGH RESIDENTIAL COLONY	TEMPO STAND KANKAR BAGH PATNA BIHAR 800020
81	KARMALICHAK PATNA	H BY O DHARAMVEER SINGH,KARMALICHAK,AT KARMALICHAK,PO BEGUMPUR,DISTT.PATNA.BIHAR 800009
82	KARPOORI THAKUR SADAN	GROUND FLOOR, KARPOORI THAKUR SADAN, COMBINED BUILDING, ASHIANA-DIGHA ROAD, PATNA. BIHAR-800025
83	KARPOORIGRAM	ADMINISTRATIVE OFFICE, PODDAR COMPLEX, CLUB ROAD, PO- RAMNA, MUZAFFARPUR-842002
84	KHAGAUL	DT PATNA, BIHAR PIN 801 105
85	KHAJPURA	MADHURI COMPLEX MAGISTRATE COLONY MORE ASHIYA ROAD, PATNA, BIHAR 800014
86	KHEMNICHAK	IN THE HOUSE OF SHRI RAMJI PRASAD S/O LATE TEK NARAYAN MAHTO, AT KHEMNICHAK, PO NEW JAGANPURA, PATNA, DISTT.PATNA. BIHAR 800027
87	KHUSRUPUR	POKHUSRUPUR
88	KSDSU CAMPUS	P.O.K.S.D.SANSKRIT.UNIV.CAMPUS,DARBHA,DARBHANGA,BIHAR
89	KURJI,PATNA	PATNA,INDUSTRIAL ESTATE ROADPATNA, BIHAR ,PIN-800010
90	LAI	DIST,PATNASTATE,BIHARPIN,801112,
91	LCPC PATNA	SITA PALACE, OPP. LEADER AUTOMOBILES, NEW BYE PASS ROAD, KHEMNI CHAK, HANUMAN NAGAR, P.O. NEW JAGANPURA,PATNA 800026
92	MAHATMA GANDHI NAGAR KANTI FACTORY ROAD	M. G . NAGAR, KANTI FACTOTY ROAD, PATNA, PIN 800020
93	MAHENDRU	PATNA ASHOK RAJPATH PATNA PATNA,BIHAR 800001
94	MANER	AJAY MARKET, NH 30, OPPOSITE BSNL EXCHANGE, AT PO PS MANER, DISTT.PATNA. BIHAR 801108
95	MARUFGANJ	PATNA, BIHAR, PIN 800008
96	MASARHI	IN THE HOUSE OF RAJIV SINGH S/O LATE AWADESH KUMAR SINGH, AT AND PO MASARHI, BLOCK FATWAH, DIST PATNA, BIHAR 803201 MOB 8578805212
97	MASAURHI	DIST PATNASTATE BIHARPIN 804452
98	MASAURHI BAZAR	SHANTI COMMERCIAL COMPLEX, SATI ASTHAN, MASAURHI, PALIGANJ ROAD, MASAURHI, DIST.PATNA, BIHAR-804452
99	MAURYA LOK COMPLEX	DAK BUNGALOW ROAD, PATNA, BIHAR STATE, PIN 800 001
100	MITHAPUR	DIST PATNA STATE BIHAR PIN 800001
101	MOKAMA	DIST PATNA, BIHAR 803302
102	NADAUL	FIRST FLOOR, MEENA KUNJ, POST-NADAUL, PS-MASURHI, DIST.PATNA, BR-804454
103	NAGWA	DIST PATNA,BIHAR 801109
104	NANMUHIYAN	AZAD LANE,CHAUDHRY TOLA,NANMUHIAN, MAHENDRU, DIST.PATNA, BR- 800006
105	NARAULI	VILLAGE BENIPUR,POST- KARAUTA, PS-SALIMPUR, DIST.PATNA, BIHAR- 803202
106	NAUBATPUR	LAKSHAN MARKETKHAGAUL ROADNAUBATPURPATNABIHAR 801109
107	NEW MARKET , PATNA	BUDHA MARGPATNAPATNA, BIHAR ,PIN-800001
108	NIYOJAN BHAWAN	NIYOJAN BHAWAN, NEAR INCOME TAX GOLAMBER, BAILY ROAD, PATNA, DIST.PATNA, BIHAR- 800001
109	NMCC PATNA	NALANDA MEDICAL COLLEGE CAMPUS, PATNA, BIHAR, PIN - 800020
110	NTPC CAMPUS, BARH	STP PROJECT PO- BARH PATNA DISTRICT
111	OAD,LHO, PATNA	DIST,PATNASTATE,BIHARPIN,800001,
112	P C COLONY KANKARBAGH	G 122, P.C. COLONY, PO LOHIA NAGAR, KANKARBAGH, PATNA, BIHAR 800020
113	PAHARI NH THIRTY THREE	PAHARI,JAKARIAPUR,NEAR KRISHNA NIKETAN SCHOOL,PATNA,PIN CODE 800020
114	PALIGANJ	DIST PATNA, BIHAR 801110
115	PALTU CHHITINI	DHOBIA KALAPUR DISTT PATNA 801111
116	PANDARAK	S BY O LATE GOPAL SHARAN SHARMA,PANDARAK,DISTPATNA803213
117	PANI TANKI MORE	SATYASHRI, BORING PATLIPUTRA ROAD, OPPOSITE CISF OFFICE, NEW PATLIPUTRA, DISTT.PATNA. BIHAR 800013
118	PATLIPUTRA	DISTPATNA BIHAR 800013
119	PATLIPUTRA RAILWAY STATION	MOH GANDHINAGAR,PATLIPUTRA RLY STN E,PO ASHIANANAGAR,PATNA,BIHAR 800025
120	PATNA	IKEBANA CHAMBRSBUDH MARGTALPATRA LANE PATNA
121	PATNA	BERI ROADPATNA
122	PATNA CITY	CHAMDORIA HOUSE PATNA PIN 800008
123	PATNA CITY MARUFGANJ	MARUFGANJ, PATNA 800008
124	PATNA FRAZER ROAD BRANCH	HOTEL MAURYA.FRAZER ROAD,PATNA 800020
125	PATNA MAIN	WEST OF GANDHI MAIDAN, PATNA-800001
126	PATNA SECTT	DISTPATNA BIHAR 800015
127	PBB BHAGWATNAGAR	IN THE HOUSE OF SMT.SUSHILA PRASAD,MADHUSHILA BHAWAN,NAYATOLA,KUMBHARAR,DISTT.PATNA.BIHAR 800026
128	PBB KANKARBAGH, PATNA	H-29 DOCTORS COLONY, KANKARBAGH,PATNA ,BIHAR ,PIN - 800020
129	PBB PATNA	S.K.PURI,BORING ROAD,6B,SAHADEO MEHTA MARG,PATNA, BIHAR ,PIN-800001
130	PHULWARI SHARIF WALMI	JAGDEESHWAR MARKETGOBINDPURJANIPUR ROADPHULWARI SHARIFWALMIPATNABIHAR 801505
131	PHULWARISHARIF	SHANTI GUEST HOUSE,OPP BLOCK OFFICE,PHULWARISHARIF,DISTPATNA801505
132	PIPLAWAN	VILLAGEPIPLAWA, POSTADAMPUR, VIA NAUBATPUR, PS NAUBATPUR, DISTT.PATNA. BIHAR 801109
133	POSTAL PARK, PATNA	POSTAL PARK ROAD HOUSE OF SMT. SHANTI DEVI, PATNA,DIST.PATNA, BIHAR-800001
134	PUNPUN	HOUSE OF SRI BIRENDRA KUMAR SINGH, STATION ROAD, PUNPUN, DISTT.PATNA. BIHAR-804453
135	R BLOCK, PATNA	CHANAKYA PALACE, PATNA 800001
136	R K PURAM BRANCH	STATE BANK OF INDIA,R K PURAM BRANCH,1ST FLOOR,BINDESWARI PALACE,DANAPUR KHAGUAL MAIN ROAD,NEAR R K PURAM GATE,PATNA DIST - PATNA.PIN-801503
137	RACC ANANDPUR R AND DB	SBI ANANDPUR BRANCH PREMISES BUILDING
138	RACC BARH	STATE BANK OF INDIA, 1ST FLOOR OF BARH BRANCH, OPPOSITE TRAINING COLLEGE, COURT AREA, KACHAHERY ROAD, BARH PIN 803213
139	RACC PATNA FI AND MM	ABHISHEK PLAZA, EXHIBITION ROAD PATNA 800019
140	RACPC II PATNA	STATE BANK OF INDIA,1ST FLOOR OF SAGUNA BRANCH 11675,BAILEY ROAD,SAGUNA,POST DANAPUR CANTT.DISTT.PATNA PIN 801503
141	RACPC PATNA	5TH FLOOR ZONAL OFFICE BLDG J C ROAD PATNA 800001
142	RAJ BHAWAN, PATNA	RAJBHAWAN CAMPUS, RAJBHWAN, PATNA, BIHAR ,PIN - 800022
143	RAJABANSHI NAGAR	RAJBANSHI NAGAR, ROAD NO.1, PATNA ,BIHAR, PIN 800015
144	RAJAPUR	PATNA, BIHAR
145	RAJENDRA NAGAR	RAJENDRA NAGAR PATNA BIHAR
146	RAJIV NAGAR	RAJIV NAGAR MAIN ROAD PATNA 800024
147	RAMKRISHNANAGAR	KAMLESH MARKET, NEW BYE PASS ROAD,PO NEW JAGANPURA, RAMKRISHNANAGAR,DISTT. PATNA. BIHAR8000027
148	RARB PATNA	SBI PATNA MAIN BRANCH GANDHI MAIDAN
149	RBO PATNA FI AND MM	ABHISHEK PLAZA, EXHIBITION ROAD PATNA 800019
150	RBO PATNA HYBRID	SBI ASHOK RAJPATH BRANCH. OPP- KULHARIA COMPLEX,PATNA, PIN-800004
151	RBO PATNA WEST	5THFLOOR,SBIBUILDING,JUDGESCOURTROAD,DIST.PATNA,BIHAR800001
152	RBOI PATNA	RBO REGION I PATNA,ADMINISTRATIVE OFFICE,J C ROAD,PATNA,DIST PATNA 800001
153	RBOII PATNA	RBO REGION II PATNA,ADMINISTRATIVE OFFICE,J C ROAD,PATNA,PATNA,DIST PATNA 800001
154	SABALPUR	IN THE HOUSE OF SRI BAIJ NATH SINGH, AT AND POST SABALPUR, PS DIDARGANJ, DISTT.PATNA. BIHAR 800009
155	SABNIMA	SABNIMA,C BY O BABLU KUMAR,S BY O LATE SMT MALTI DEVI,SABNIMA,DISTPATNA 803212
156	SAGUNA	RPS MORE WEST OF BAILEY ROAD,PODANAPUR CANTT,DISTPATNA801503
157	SAGUNA MORE DANAPUR PATNA	PLOT NO 102,CHANDRA COMPLEX,NEAR BANK OF BARODA,SAGUNA MORE,DANAPUR,PATNA,PIN 801503
158	SAI	POHAZARAT SAI,DT PATNA,BIHAR 804451
159	SAMPATCHAK	IN FRONT OF POLICE STATION,SAMPATCHAK,DISTPATNA800007
160	SANDALPUR	IN THE HOUSE OF SMT.KANTI DEVI W/O LATE SRI CHANDRA SARAF, KANTISHRI BHAVAN, SANDALPUR ROAD, DISTT.PATNA. BIHAR 800006
161	SARASAT	DIST.PATNASTATE.BIHAR
162	SARAY	SARAY
163	SARC PATNA	SARC PATNA
164	SCB, DAKBUNGLOW, PATNA	SPLD COMM BR, PATNA3RD FLOOR, GOVIND BHAWAN, DAKBUNGLOW RDPATNA ,PIN-800001
165	SERVICE BRANCH PATNA	WEST GANDHI MAIDAN, PATNA, BIHAR 800001
166	SHAHJAHANPUR	DIST PATNA,BIHAR
167	SHIVPURI,PATNA	HOUSE NO01 OPPOSITE RAILWAY CROSSINGS ATSHIVPURI POPSSHASHTRINAGAR PATNA BIHAR800023
168	SHRIKRISHNA PURI	SRI KRISHNAPURI, PATNA, BIHAR,800001
169	SME KANKARBAGH BRANCH	STATE BANK OF INDIA, SME KANKARBAGH BRANCH, MAIN ROAD KANKARBAGH, CHANDRAGUPT PATH, PATNA 800020
170	SMECC PATNA (NEW BRANCH)	4TH FLOOR ZONAL OFFICE JUDGE ROAD PATNA
171	SONMAI	DIST PATNA,BIHAR
172	SPB BRANCH PATNA	WEST GANDHI MAIDAN, PATNA, BIHAR
173	SPECIALISED CURRENCY ADMINISTRATION BRANCH, PATNA	SPECIALISED CURRENCY ADMIN BRANCH,PATNA,MAIN BRANCH BUILDING,PATNA,DIST PATNA 800001
174	SPECIALIZED NRI BRANCH	1ST FLOOR, GUINEA MOTORS PVT LTD,WEST BORING CANAL ROAD, DIST. PATNA,BIHAR 800001
175	SRIKRISHNANAGAR, PATNA	SHRIKRISHNANAGARM-6SHRIKRISHNANAGAR MAIN ROADPATNA ,PIN-800001
176	SSI PATNA	3RD FLOOR ABHISHEK PLAZA, EXHIBITION ROAD, PATNA, BIHAR, PIN 800001
177	TEKARI	TEKARI GAYA,P.O.TEKARI,DISTT.GAYA,DISTPATNA 824236
178	TRANSPORT NAGAR, PATNA	TRANSPORT NAGAR, P.O BAHADURPUR HOUSING COLONY, DISTT. PATNA, PATNA - 800026
179	ZONAL INSPECTION OFFICE, PATNA	5TH FLOOR,SONE BHAWAN,BIRCHAND PATEL PATH,PATNA
180	ZONAL OFFICE PATNA	DIST PATNASTATE BIHARPIN 800001

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Here You can find the IFSC Code & MICR for Banks in India. If you do online transaction then you have to use the IFSC code. IFSC used to identify a participating bank branch in the NEFT SFMS message. IFSC code is required for bank account holders to transfer funds online or to send money online from their account to another person's account. In short, we can say that this code is a small address of a bank branch. So let's understand what is the IFSC code?

What Is the Meaning of IFSC Code?

An eleven character code is used to identify any bank branch. This code is called IFSC code. IFSC is an abbreviation of the Indian Financial System Code Which is the unique code of each Bank Branch. What we call IFSC code in short. This is an alpha-numeric code of 11 digits. This helps in finding the details of all bank branches in India. RBI can easily identify any branch in India because of the IFSC code. This code has been given to every bank branch which facilitates the NEFT Transaction system. This system is designed for domestic use only in India.

The Reserve Bank of India has created the NEFT network. IFSC codes are covered under it. Which helps in sending money through RTGS, IMPS or NEFT. IFSC Codes are used by no.of banking institutions in India to carry out RTGS and NEFT transfers. IFSC India Codes are also used for streamlining and identifying monetary transactions between different bank branches and accounts. For these listed bank branches that are participating in NEFT or RTGS, you can check the IFSC Codes.

How to use IFSC Code

IFSC code of bank and branch is required to fund transfer from any bank to other bank. This method used for transfer payment for insurance, expense, purchase, mobile bills payment, bus, flight ticket booking, online shoppings and many more.

Why is IFSC code used?

The Indian Financial System Code (IFSC) is used to facilitate electronic funds transfer within India. Here are some reasons why the IFSC code is used:

• Unique Identification: Each bank branch in India is assigned a unique IFSC code by the Reserve Bank of India (RBI), which helps to identify the bank, branch, and location of the branch for online transactions.
• Electronic Funds Transfer: The IFSC code is used to initiate electronic funds transfer such as National Electronic Funds Transfer (NEFT), Real-Time Gross Settlement (RTGS), and Immediate Payment Service (IMPS) in India.
• Accuracy: The IFSC code ensures that funds are transferred accurately and securely to the correct bank branch, reducing the risk of errors and fraud.
• Speed: Using the IFSC code, electronic fund transfers can be completed quickly and efficiently, enabling businesses and individuals to transfer funds in a timely manner.

Overall, the IFSC code is an essential component of the electronic funds transfer system in India, helping to facilitate seamless and secure transfer of funds between bank accounts within the country.

What Can You Use the IFSC Code For?

STATE BANK OF INDIA SBI IFSC code is used for online fund transfer transactions via Real Time Gross Settlement (RTGS), National Electronic Funds Transfer (NEFT), Immediate Payment Service, an interbank electronic instant mobile money transfer service (IMPS). The main motive of the IFSC is to make internet banking simple and safe.

National Electronic Fund Transfer is known as NEFT. NEFT is a popular Online Fund Transfer System. Using NEFT you can transfer money from one bank or bank branch to another.

Real Time Gross Settlement is known as RTGS. RTGS is used for settling financial transactions through online. To initiate RTGS payment you need to enter the IFSC code of the selected Bank Branch. By using RTGS method you can make payments in a simplified manner. Hence you can easily find your IFSC code for any of the Banks, Bank Branches in India.

Methods of transferring money using STATE BANK OF INDIA SBI IFSC Code

Payment Service	NEFT	RTGS	IMPS	UPI
Full Form	National Electronic Fund Transfer	Real Time Gross Settlement	Immediate Payment System	Unified Payments Interface
Process	Transfer funds in just two hours	Instant	Instant	Instant
Transfer Limit	Re.1 to No limit	Rs.2 lakh to No limit	Re.1 to Rs.2 lakh	Rs 1 Lakh or 10 Transactions (calculated on 24 Hours basis)
Operational Timings	Available 24*7, 365 days	Monday to Saturday (Except 2nd and 4th Saturday and bank holidays) - 7:00 AM to 5:00PM	Available 24*7, 365 days	Available 24*7, 365 days
Inward Transaction Charges	No charges	No charges	Decided by individual member banks and PPIs	No charges

is it safe to share ifsc code?

Yes, it is generally safe to share your IFSC (Indian Financial System Code) code with trusted parties such as your employer, clients, or friends who need to transfer funds to your bank account. The IFSC code is used to initiate electronic funds transfer such as National Electronic Funds Transfer (NEFT), Real-Time Gross Settlement (RTGS), and Immediate Payment Service (IMPS) in India, and is required to transfer funds to your bank account.

However, while sharing your IFSC code, you should take some precautions to ensure that your bank account details are kept secure. Here are some tips to keep in mind:

• Share with trusted parties: Only share your IFSC code with trusted parties who you know well, such as your employer, clients, or friends.
• Verify recipient details: Always verify the details of the recipient, including their name and bank account number, before sharing your IFSC code with them.
• Keep your account secure: Ensure that your bank account is secure and that you have set up strong passwords and other security features to prevent unauthorized access.
• Use secure channels: Use secure channels such as encrypted messaging or secure email to share your IFSC code, rather than sharing it over unsecured channels such as SMS or public messaging apps.

By following these tips, you can ensure that your IFSC code is shared securely and that your bank account details are kept safe from fraudsters and unauthorized access.