State Bank of India COMMERCIAL BRANCH, NEHRU PLACE, NEW DELHI Branch IFSC Code

SBIN 0004298
State Bank of India Logo State Bank of India
COMMERCIAL BRANCH, NEHRU PLACE, NEW DELHI — NEW DELHI, DELHI
MICR: 110002228 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
State Bank of India
Branch
COMMERCIAL BRANCH, NEHRU PLACE, NEW DELHI
IFSC Code
SBIN0004298
MICR Code
110002228
Address
COMM BRANCH, NEHRU PLACE, IIND FLOOR, VARDHMAN TRADE CENTRE BLDG., NEHRU PLACE - 110 019
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City
NEW DELHI
District
NEW DELHI
State
DELHI
SWIFT Code
SBININBB191

How to Use This IFSC Code

NEFT Transfer

Use IFSC code SBIN0004298 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 SBIN0004298.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0004298.

IFSC Code Structure

S
B
I
N
0
0
0
4
2
9
8
  • SBIN — Bank code (State Bank of India)
  • 0 — Reserved (always 0)
  • 004298 — Branch code (COMMERCIAL BRANCH, NEHRU PLACE, NEW DELHI)

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Frequently Asked Questions

Is SBIN0004298 valid for online transfer?
Yes, SBIN0004298 is a valid IFSC code for State Bank of India COMMERCIAL BRANCH, NEHRU PLACE, NEW DELHI branch in NEW DELHI, DELHI. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SBIN0004298 belong to?
SBIN0004298 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 COMMERCIAL BRANCH, NEHRU PLACE, NEW DELHI is 110002228. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SBIN0004298?
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.