State Bank of India Race Course Road Branch IFSC Code: SBIN0006198
Branch Code: 006198 | BANGALORE, BANGALORE, Karnataka
The official Indian Financial System Code (IFSC) for State Bank of India, Race Course Road branch in BANGALORE, Karnataka is SBIN0006198. The MICR code for cheque clearance is 560002038.
Branch Fact Sheet & Electronic Routing Details
- Bank Name
- State Bank of India
- Branch Name
- RACE COURSE ROAD
- MICR Code
- City / District
- BANGALORE (BANGALORE)
- State
- Karnataka
- Postal Pincode
- 560001
TRADE.CENTRE,294,RACE.COURSE.ROAD,BANGALORE,KARNATAKA,PIN.560001., Pincode: 560001
How to Read IFSC Code: SBIN0006198
An Indian Financial System Code (IFSC) is a unique 11-character alphanumeric code assigned by the Reserve Bank of India to identify bank branches for electronic payment systems.
First 4 alphabetic characters identify State Bank of India.
5th character is always numeral '0', reserved for future use.
Last 6 alphanumeric characters identify the specific physical branch.
Payment Systems Supported by this IFSC Code
| Payment System | Settlement Time | Minimum Amount | Availability | Ideal For |
|---|---|---|---|---|
| NEFT (National Electronic Funds Transfer) | Half-hourly batches | ₹1 (No minimum) | 24x7x365 | Routine bills, small & medium transactions |
| RTGS (Real Time Gross Settlement) | Real-time instant | ₹2,00,000 | 24x7x365 | High-value urgent financial transfers |
| IMPS (Immediate Payment Service) | Immediate | ₹1 (Max ₹5 Lakh) | 24x7x365 | Instant mobile banking & emergency transfers |
Frequently Asked Questions: State Bank of India (SBIN0006198)
Which bank does IFSC Code SBIN0006198 belong to?
IFSC Code SBIN0006198 belongs to State Bank of India for its RACE COURSE ROAD branch, located in BANGALORE, Karnataka. The 4-letter prefix 'SBIN' represents State Bank of India.
What is the IFSC Code for State Bank of India RACE COURSE ROAD branch?
The IFSC Code for State Bank of India RACE COURSE ROAD branch in BANGALORE, Karnataka is SBIN0006198. It is used for NEFT, RTGS, and IMPS funds transfer.
What is the address of State Bank of India RACE COURSE ROAD branch?
The branch is located at: TRADE.CENTRE,294,RACE.COURSE.ROAD,BANGALORE,KARNATAKA,PIN.560001., Pincode: 560001, BANGALORE, Karnataka.
What is the MICR Code for State Bank of India RACE COURSE ROAD?
The MICR Code for electronic cheque clearing at State Bank of India RACE COURSE ROAD is 560002038.
How to decipher the IFSC code SBIN0006198?
The first 4 characters 'SBIN' represent State Bank of India. The 5th character is '0' reserved for future use. The last 6 characters '006198' represent the specific RACE COURSE ROAD branch code.
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