SBIN0050050 IFSC Code, STATE BANK OF INDIA, BUDHLADA

IFSC Code of State Bank Of India, Budhlada, Punjab IFSC CODE & MICR CODE

STATE BANK OF INDIA, BUDHLADA - SBIN0050050

  • Bank name: STATE BANK OF INDIA

Bank Address: Grain Market Dist Mansa 151502

  • IFSC Code sbin0050050
  • Bank Code SBIN
  • Bank name STATE BANK OF INDIA
  • Bank contact number 253026
  • Bank branch BUDHLADA
  • Bank ISO3166 Code IN-PB
  • Bank Center MANSA
  • MICR Code 151002603
  • State name PUNJAB
  • District name MANSA
  • City name BUDHLADA
  • Swift Swift not provided
  • IMPS No
  • NEFT No
  • UPI No
  • RTGS No

What is an IFSC Code?

The Indian Financial System Code (IFSC) is an 11-character alphanumeric code used to uniquely identify a bank branch for online fund transfers. The IFSC code for STATE BANK OF INDIA, BUDHLADA branch is SBIN0050050, ensures that your transactions are directed to the correct branch.

How to Use SBIN0050050 for Transactions?

  • NEFT: Use the IFSC code to transfer funds quickly to accounts in other banks.
  • RTGS: For high-value transactions, the IFSC code ensures your payment is processed instantly.
  • IMPS: The IFSC code allows 24/7 fund transfers, including weekends and holidays.

What is a MICR Code?

The Magnetic Ink Character Recognition (MICR) code is a 9-digit code used for processing paper-based transactions, such as cheques. For the BUDHLADA branch, this code complements the IFSC code for efficient banking operations.

Benefits of Using the Correct IFSC Code

  • Accuracy: Ensures your funds are directed to the right branch.
  • Security: Prevents fraudulent transactions by uniquely identifying each branch.