State Bank of India IFSC Code
SECTOR , CHANDIGARH Branch, CHANDIGARH, CHANDIGARH, Punjab
The official Indian Financial System Code (IFSC) for State Bank of India, SECTOR , CHANDIGARH branch in CHANDIGARH, Punjab is SBIN0017022. The MICR code for cheque clearance is 160002080.
Branch Fact Sheet & Electronic Routing Details
- Bank Name
- State Bank of India
- Branch Name
- SECTOR , CHANDIGARH
- MICR Code
- City / District
- CHANDIGARH (CHANDIGARH)
- State
- Punjab
- Postal Pincode
- 160014
U I E T, BLOCK II SOUTH CAMPUS, GROUND FLOOR, PANJAB UNIVERSITY, SECTOR 25, CHANDIGARH, DISTT. CHANDIGARH. PUNJAB 160014, Pincode: 160014
How to Read IFSC Code: SBIN0017022
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 (SBIN0017022)
What is the IFSC Code for State Bank of India SECTOR , CHANDIGARH branch?
The IFSC Code for State Bank of India SECTOR , CHANDIGARH branch in CHANDIGARH, Punjab is SBIN0017022. It is used for NEFT, RTGS, and IMPS funds transfer.
What is the address of State Bank of India SECTOR , CHANDIGARH branch?
The branch is located at: U I E T, BLOCK II SOUTH CAMPUS, GROUND FLOOR, PANJAB UNIVERSITY, SECTOR 25, CHANDIGARH, DISTT. CHANDIGARH. PUNJAB 160014, Pincode: 160014, CHANDIGARH, Punjab.
What is the MICR Code for State Bank of India SECTOR , CHANDIGARH?
The MICR Code for electronic cheque clearing at State Bank of India SECTOR , CHANDIGARH is 160002080.
How to decipher the IFSC code SBIN0017022?
The first 4 characters 'SBIN' represent State Bank of India. The 5th character is '0' reserved for future use. The last 6 characters '017022' represent the specific SECTOR , CHANDIGARH branch code.
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