State Bank of India Sabalpur Branch IFSC Code: SBIN0016975
Branch Code: 016975 | SABALPUR, SABALPUR, BIHAR
The official Indian Financial System Code (IFSC) for State Bank of India, Sabalpur branch in SABALPUR, BIHAR is SBIN0016975. The MICR code for cheque clearance is 800002536.
Branch Fact Sheet & Electronic Routing Details
- Bank Name
- State Bank of India
- Branch Name
- SABALPUR
- MICR Code
- City / District
- SABALPUR (SABALPUR)
- State
- BIHAR
- Postal Pincode
- 800009
IN THE HOUSE OF SRI BAIJ NATH SINGH, AT AND POST SABALPUR, PS DIDARGANJ, DISTT.PATNA. BIHAR 800009, Pincode: 800009
Banks Open Per Published Schedule
Earn up to 7% p.a. on Fixed Deposits
Senior citizens receive an additional premium up to 7.5% p.a.
Local Financial Pulse: SABALPUR, BIHAR
How to Read IFSC Code: SBIN0016975
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 (SBIN0016975)
Which bank does IFSC Code SBIN0016975 belong to?
IFSC Code SBIN0016975 belongs to State Bank of India for its SABALPUR branch, located in SABALPUR, BIHAR. The 4-letter prefix 'SBIN' represents State Bank of India.
What is the IFSC Code for State Bank of India SABALPUR branch?
The IFSC Code for State Bank of India SABALPUR branch in SABALPUR, BIHAR is SBIN0016975. It is used for NEFT, RTGS, and IMPS funds transfer.
What is the address of State Bank of India SABALPUR branch?
The branch is located at: IN THE HOUSE OF SRI BAIJ NATH SINGH, AT AND POST SABALPUR, PS DIDARGANJ, DISTT.PATNA. BIHAR 800009, Pincode: 800009, SABALPUR, BIHAR.
What is the MICR Code for State Bank of India SABALPUR?
The MICR Code for electronic cheque clearing at State Bank of India SABALPUR is 800002536.
How to decipher the IFSC code SBIN0016975?
The first 4 characters 'SBIN' represent State Bank of India. The 5th character is '0' reserved for future use. The last 6 characters '016975' represent the specific SABALPUR branch code.
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