SBINBranch Code: 012123

State Bank of India IFSC Code

SHRIKANT VERMA MARG BRANCH BILASPUR Branch, BILASPUR, BILASPUR, CHHATTISGARH

Primary IFSC Code

SBIN0012123

Banking information from our maintained dataset. Last Verified: 23 Sept 2026

The official Indian Financial System Code (IFSC) for State Bank of India, SHRIKANT VERMA MARG BRANCH BILASPUR branch in BILASPUR, CHHATTISGARH is SBIN0012123. The MICR code for cheque clearance is 495002027.

Branch Fact Sheet & Electronic Routing Details

Bank Name: State Bank of India
Branch Name: SHRIKANT VERMA MARG BRANCH BILASPUR
MICR Code: 495002027
City / District: BILASPUR (BILASPUR)
State: CHHATTISGARH
Postal Pincode: 495001

Full Branch Address

PANDIT DINDAYAL UPADHYAY CHOWK,SHRIKANT VERMA MARG,BILASPUR,DISTBILASPUR 495001, Pincode: 495001

Contact Details

Phone: Refer to Net Banking

How to Read IFSC Code: SBIN0012123

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.

SBINBank Identifier

First 4 alphabetic characters identify State Bank of India.

0Control Character

5th character is always numeral '0', reserved for future use.

012123Branch Code

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

Both NEFT and RTGS operate around the clock in India. Always double check the 11-digit IFSC code and recipient account number before submitting your transfer.

Frequently Asked Questions: State Bank of India (SBIN0012123)

What is the IFSC Code for State Bank of India SHRIKANT VERMA MARG BRANCH BILASPUR branch?

The IFSC Code for State Bank of India SHRIKANT VERMA MARG BRANCH BILASPUR branch in BILASPUR, CHHATTISGARH is SBIN0012123. It is used for NEFT, RTGS, and IMPS funds transfer.

What is the address of State Bank of India SHRIKANT VERMA MARG BRANCH BILASPUR branch?

The branch is located at: PANDIT DINDAYAL UPADHYAY CHOWK,SHRIKANT VERMA MARG,BILASPUR,DISTBILASPUR 495001, Pincode: 495001, BILASPUR, CHHATTISGARH.

What is the MICR Code for State Bank of India SHRIKANT VERMA MARG BRANCH BILASPUR?

The MICR Code for electronic cheque clearing at State Bank of India SHRIKANT VERMA MARG BRANCH BILASPUR is 495002027.

How to decipher the IFSC code SBIN0012123?

The first 4 characters 'SBIN' represent State Bank of India. The 5th character is '0' reserved for future use. The last 6 characters '012123' represent the specific SHRIKANT VERMA MARG BRANCH BILASPUR branch code.