State Bank of India BALODA BAZAR Branch IFSC Code
SBIN 0001048
State Bank of India BALODA BAZAR — RAIPUR, CHHATTISGARH
MICR: 493002151
RTGS: ✓
NEFT: ✓
IMPS: ✓
UPI: ✓
Branch Details
- Bank
- State Bank of India
- Branch
- BALODA BAZAR
- IFSC Code
- SBIN0001048
- MICR Code
- 493002151
- City
- RAIPUR
- District
- BALODA BAZAR
- State
- CHHATTISGARH
How to Use This IFSC Code
NEFT Transfer
Use IFSC code SBIN0001048 to send money via NEFT to this branch. NEFT transfers are processed in hourly batches during working hours. No minimum amount required.
RTGS Transfer
This branch supports RTGS for high-value instant transfers above ₹2 lakhs. Use the same IFSC code SBIN0001048.
IMPS Transfer
IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0001048.
IFSC Code Structure
S
B
I
N
0
0
0
1
0
4
8
- SBIN — Bank code (State Bank of India)
- 0 — Reserved (always 0)
- 001048 — Branch code (BALODA BAZAR)
Nearby State Bank of India Branches in RAIPUR
NEORA
SBIN0001470
DIST RAIPUR, CHATTISGARH 493114
MICR: 493002510 RTGS ✓ NEFT ✓ IMPS ✓
PHAPHADIH
SBIN0001640
RAIPUR,CHATTISGARH,PIN 492001
MICR: 492002003 RTGS ✓ NEFT ✓ IMPS ✓
ADB BHATAPARA
SBIN0001843
A D B BHATAPARA
MICR: 493002202 RTGS ✓ NEFT ✓ IMPS ✓
GCET, RAIPUR
SBIN0002852
GOVT COLLEGE OF ENGG CAMPUS RAIPUR,DISTRAIPUR,492008
MICR: 492002004 RTGS ✓ NEFT ✓ IMPS ✓
MANDHAR
SBIN0002874
DIST RAIPUR, CHATTISGARH, 493111
MICR: 492002015 RTGS ✓ NEFT ✓ IMPS ✓
Frequently Asked Questions
Is SBIN0001048 valid for online transfer?
Yes, SBIN0001048 is a valid IFSC code for State Bank of India BALODA BAZAR branch in RAIPUR, CHHATTISGARH. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SBIN0001048 belong to?
SBIN0001048 belongs to State Bank of India. The first 4 characters "SBIN" identify the bank.
What is the MICR code for this branch?
The MICR code for State Bank of India BALODA BAZAR is 493002151. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SBIN0001048?
Yes, this branch supports RTGS (Real Time Gross Settlement). RTGS is used for high-value instant transfers above ₹2 lakhs. Available on working days during RBI specified hours.