State Bank of India Shrikant Verma Marg Branch Bilaspur IFSC Code: SBIN0012123
Branch Code: 012123 | BILASPUR, BILASPUR, CHHATTISGARH
The official Indian Financial System Code (IFSC) for State Bank of India, Shrikant Verma Marg Branch Bilaspur 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
- City / District
- BILASPUR (BILASPUR)
- State
- CHHATTISGARH
- Postal Pincode
- 495001
PANDIT DINDAYAL UPADHYAY CHOWK,SHRIKANT VERMA MARG,BILASPUR,DISTBILASPUR 495001, Pincode: 495001
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.
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 (SBIN0012123)
Which bank does IFSC Code SBIN0012123 belong to?
IFSC Code SBIN0012123 belongs to State Bank of India for its SHRIKANT VERMA MARG BRANCH BILASPUR branch, located in BILASPUR, CHHATTISGARH. The 4-letter prefix 'SBIN' represents State Bank of India.
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.
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