State Bank of India DR AMBEDKAR NAGAR Branch IFSC Code

SBIN 0001542
State Bank of India Logo State Bank of India
DR AMBEDKAR NAGAR — NEW DELHI, DELHI
MICR: 110002069 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
State Bank of India
Branch
DR AMBEDKAR NAGAR
IFSC Code
SBIN0001542
MICR Code
110002069
Address
AMBEDKAR NAGAR SEC-III, MADANGIRI, NEW DELHI, PIN 110062
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City
NEW DELHI
District
NEW DELHI
State
DELHI

How to Use This IFSC Code

NEFT Transfer

Use IFSC code SBIN0001542 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 SBIN0001542.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0001542.

IFSC Code Structure

S
B
I
N
0
0
0
1
5
4
2
  • SBIN — Bank code (State Bank of India)
  • 0 — Reserved (always 0)
  • 001542 — Branch code (DR AMBEDKAR NAGAR)

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Frequently Asked Questions

Is SBIN0001542 valid for online transfer?
Yes, SBIN0001542 is a valid IFSC code for State Bank of India DR AMBEDKAR NAGAR branch in NEW DELHI, DELHI. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SBIN0001542 belong to?
SBIN0001542 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 DR AMBEDKAR NAGAR is 110002069. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SBIN0001542?
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.