State Bank of India IFSC Code
PAYMENT AND SETTLEMENT MUMBAI Branch, NEW MUMBAI, NEW MUMBAI, Maharashtra
The official Indian Financial System Code (IFSC) for State Bank of India, PAYMENT AND SETTLEMENT MUMBAI branch in NEW MUMBAI, Maharashtra is SBIN0070697. The MICR code for cheque clearance is 400009697.
Branch Fact Sheet & Electronic Routing Details
- Bank Name
- State Bank of India
- Branch Name
- PAYMENT AND SETTLEMENT MUMBAI
- MICR Code
- City / District
- NEW MUMBAI (NEW MUMBAI)
- State
- Maharashtra
- Postal Pincode
- 400614
BALAJIBHAVAN,SECTOR11,C-WING,IIIFLOOR,BELAPURCBD,THANEMAHARASHTRA,400614, Pincode: 400614
How to Read IFSC Code: SBIN0070697
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 (SBIN0070697)
What is the IFSC Code for State Bank of India PAYMENT AND SETTLEMENT MUMBAI branch?
The IFSC Code for State Bank of India PAYMENT AND SETTLEMENT MUMBAI branch in NEW MUMBAI, Maharashtra is SBIN0070697. It is used for NEFT, RTGS, and IMPS funds transfer.
What is the address of State Bank of India PAYMENT AND SETTLEMENT MUMBAI branch?
The branch is located at: BALAJIBHAVAN,SECTOR11,C-WING,IIIFLOOR,BELAPURCBD,THANEMAHARASHTRA,400614, Pincode: 400614, NEW MUMBAI, Maharashtra.
What is the MICR Code for State Bank of India PAYMENT AND SETTLEMENT MUMBAI?
The MICR Code for electronic cheque clearing at State Bank of India PAYMENT AND SETTLEMENT MUMBAI is 400009697.
How can I contact State Bank of India PAYMENT AND SETTLEMENT MUMBAI branch?
You can contact the branch at: Phone: +912227564753. For official national customer care, refer to State Bank of India's official banking channels.
How to decipher the IFSC code SBIN0070697?
The first 4 characters 'SBIN' represent State Bank of India. The 5th character is '0' reserved for future use. The last 6 characters '070697' represent the specific PAYMENT AND SETTLEMENT MUMBAI branch code.
Parent Directory Links
Other Bank Branches in Pincode 400614
View All in Pincode →Need help verifying this IFSC Code before sending money?
Read our step-by-step checklist on confirming bank IFSC codes, cheque MICR numbers, and recipient details.