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IFSC and MICR Codes Directory

SBI IFSC code, MICR code and Bank Branches in India

State Bank of India (SBI) IFSC Code

State Bank of India (SBI) IFSC code can be used by both the National Electronic Fund Transfer and Real Time Gross Settlement finance transfer systems. State Bank Of India NEFT, RTGS and IMPS codes are provided by RBI. NEFT transactions are settled in batches while RTGS transactions are settled individually. IMPS presents an instant 24X7, electronic fund transfer. IFSC Code is an 11 character code for identifying bank branches participating in online fund transfers. This code is unique for each branch. Please NOTE that not all branches of a bank provide net banking facility.
Where to get IFSC codes?

It is very easy to get IFSC code. You can get it in few clicks on loanbaba.com through its IFSC code locator tool. You will have to select the name of the bank, state and branch; it will give you the IFSC code along with the full address of the branch. You can get the entire list of IFSC code on RBI’s website for each bank. You can also find it on the bank’s website.

About State Bank of India (SBI)

As a premier financial institution, State Bank of India was originally established in 1808 as 'Bank of Calcutta'. State Bank of India is an Indian international, Public Sector investment and banking service organization. It is a state-owned establishment and is headquartered in India's city of dreams, Mumbai. As per the statistics appraised by December 2013, its assets amounted to over USD 388 billion and 17,000 offices peppered across the country. It also has 190 overseas branches and is the biggest finance services firm in India. It is now ranked among the top three banks in India along with ICICI, Punjab National Bank and Bank of Baroda. SBI offers a wide spectrum of banking services and products comprising of personal banking, agricultural banking, NRI services, international banking and corporate services to a diverse clientele.

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