State Bank of India IFSC Code
BASANT LOK Branch, NEW DELHI, NEW DELHI, Delhi
The official Indian Financial System Code (IFSC) for State Bank of India, BASANT LOK branch in NEW DELHI, Delhi is SBIN0016411. The MICR code for cheque clearance is 110002510.
Branch Fact Sheet & Electronic Routing Details
- Bank Name
- State Bank of India
- Branch Name
- BASANT LOK
- MICR Code
- City / District
- NEW DELHI (NEW DELHI)
- State
- Delhi
- Postal Pincode
- N/A
32 PRIYA COMPLEX,VASANT VIHAR, DISTT. DELHI. NEW DELHI110057
How to Read IFSC Code: SBIN0016411
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 (SBIN0016411)
What is the IFSC Code for State Bank of India BASANT LOK branch?
The IFSC Code for State Bank of India BASANT LOK branch in NEW DELHI, Delhi is SBIN0016411. It is used for NEFT, RTGS, and IMPS funds transfer.
What is the address of State Bank of India BASANT LOK branch?
The branch is located at: 32 PRIYA COMPLEX,VASANT VIHAR, DISTT. DELHI. NEW DELHI110057, NEW DELHI, Delhi.
What is the MICR Code for State Bank of India BASANT LOK?
The MICR Code for electronic cheque clearing at State Bank of India BASANT LOK is 110002510.
How to decipher the IFSC code SBIN0016411?
The first 4 characters 'SBIN' represent State Bank of India. The 5th character is '0' reserved for future use. The last 6 characters '016411' represent the specific BASANT LOK branch code.
Parent Directory Links
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