State Bank of India INS ,INDIA Branch IFSC Code
SBIN 0010623
State Bank of India INS ,INDIA — NEW DELHI, DELHI
MICR: 110002453
RTGS: ✓
NEFT: ✓
IMPS: ✓
UPI: ✓
Branch Details
- Bank
- State Bank of India
- Branch
- INS ,INDIA
- IFSC Code
- SBIN0010623
- MICR Code
- 110002453
- City
- NEW DELHI
- District
- DELHI
- State
- DELHI
How to Use This IFSC Code
NEFT Transfer
Use IFSC code SBIN0010623 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 SBIN0010623.
IMPS Transfer
IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0010623.
IFSC Code Structure
S
B
I
N
0
0
1
0
6
2
3
- SBIN — Bank code (State Bank of India)
- 0 — Reserved (always 0)
- 010623 — Branch code (INS ,INDIA)
Nearby State Bank of India Branches in NEW DELHI
NIRMAN BHAWAN
SBIN0000583
MAULANA AZAD RD,NEW DELHI, 110011
MICR: 110002092 RTGS ✓ NEFT ✓ IMPS ✓
SADAR BAZAR
SBIN0000596
PHUTA ROAD, SADAR BAZAR, DISTT. DELHI , DELHI 110 006
MICR: 110002110 RTGS ✓ NEFT ✓ IMPS ✓
CENTRAL SECTT
SBIN0000625
CENTRAL.SECRETARIAT,NORTH.BLOCK,NEW.DELHI
MICR: 110002014 RTGS ✓ NEFT ✓ IMPS ✓
CHANDNI CHOWK
SBIN0000631
CHANDNI CHOWK, DELHI 110006
MICR: 110002018 RTGS ✓ NEFT ✓ IMPS ✓
AJMAL KHAN ROAD
SBIN0000666
NEW DELHI
MICR: 110002003 RTGS ✓ NEFT ✓ IMPS ✓
Frequently Asked Questions
Is SBIN0010623 valid for online transfer?
Yes, SBIN0010623 is a valid IFSC code for State Bank of India INS ,INDIA branch in NEW DELHI, DELHI. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SBIN0010623 belong to?
SBIN0010623 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 INS ,INDIA is 110002453. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SBIN0010623?
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.