State Bank of India LALPUR Branch IFSC Code

SBIN 0012623
State Bank of India Logo State Bank of India
LALPUR — RANCHI, JHARKHAND
MICR: 834002032 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
State Bank of India
Branch
LALPUR
IFSC Code
SBIN0012623
MICR Code
834002032
Address
CIRCULAR ROAD,NEAR LALPUR CHOWK,DISTRANCHI834001
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City
RANCHI
District
RANCHI
State
JHARKHAND

How to Use This IFSC Code

NEFT Transfer

Use IFSC code SBIN0012623 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 SBIN0012623.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0012623.

IFSC Code Structure

S
B
I
N
0
0
1
2
6
2
3
  • SBIN — Bank code (State Bank of India)
  • 0 — Reserved (always 0)
  • 012623 — Branch code (LALPUR)

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Frequently Asked Questions

Is SBIN0012623 valid for online transfer?
Yes, SBIN0012623 is a valid IFSC code for State Bank of India LALPUR branch in RANCHI, JHARKHAND. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SBIN0012623 belong to?
SBIN0012623 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 LALPUR is 834002032. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SBIN0012623?
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.