State Bank of India RING ROAD, LAJPAT NAGAR Branch IFSC Code
SBIN 0001188
State Bank of India RING ROAD, LAJPAT NAGAR — NEW DELHI, DELHI
MICR: 110002107
RTGS: ✓
NEFT: ✓
IMPS: ✓
UPI: ✓
Branch Details
- Bank
- State Bank of India
- Branch
- RING ROAD, LAJPAT NAGAR
- IFSC Code
- SBIN0001188
- MICR Code
- 110002107
- City
- NEW DELHI
- District
- DELHI
- State
- DELHI
- SWIFT Code
- SBININBB382
How to Use This IFSC Code
NEFT Transfer
Use IFSC code SBIN0001188 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 SBIN0001188.
IMPS Transfer
IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0001188.
IFSC Code Structure
S
B
I
N
0
0
0
1
1
8
8
- SBIN — Bank code (State Bank of India)
- 0 — Reserved (always 0)
- 001188 — Branch code (RING ROAD, LAJPAT NAGAR)
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Frequently Asked Questions
Is SBIN0001188 valid for online transfer?
Yes, SBIN0001188 is a valid IFSC code for State Bank of India RING ROAD, LAJPAT NAGAR branch in NEW DELHI, DELHI. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SBIN0001188 belong to?
SBIN0001188 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 RING ROAD, LAJPAT NAGAR is 110002107. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SBIN0001188?
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.