State Bank of India MAGAM BUDGAM Branch IFSC Code
SBIN 0015981
MAGAM BUDGAM — BUDGAM, JAMMU AND KASHMIR
MICR: 191002002
RTGS: ✓
NEFT: ✓
IMPS: ✓
UPI: ✓
Branch Details
- Bank
- State Bank of India
- Branch
- MAGAM BUDGAM
- IFSC Code
- SBIN0015981
- MICR Code
- 191002002
- Address
- HYDERIYA SHOPPING COMPLEX, GULMARG ROAD, MAGAM, DISTT. BUDGAM. JAMMU AND KASHMIR 193401 Open in Google Maps
- City
- BUDGAM
- District
- MAGAM
- State
- JAMMU AND KASHMIR
How to Use This IFSC Code
NEFT Transfer
Use IFSC code SBIN0015981 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 SBIN0015981.
IMPS Transfer
IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0015981.
IFSC Code Structure
S
B
I
N
0
0
1
5
9
8
1
- SBIN — Bank code (State Bank of India)
- 0 — Reserved (always 0)
- 015981 — Branch code (MAGAM BUDGAM)
Nearby State Bank of India Branches in BUDGAM
NOWGAM
SBIN0015982
J.D COMPLEX, NOWGAM CHOWK, BYEPASS, DISTT.BUDGAM. JAMMU AND KASHMIR 190015
MICR: 191002003 RTGS ✓ NEFT ✓ IMPS ✓
BEERWAH
SBIN0018694
ZARGAR MOHALLA, BEERWAH, DIST BUDGAM, JAMMU KASHMIR- 193411
MICR: 191002005 RTGS ✓ NEFT ✓ IMPS ✓
R AND DB RACC BUDGAM
SBIN0063471
STATE BANK OF INDIA, BUDGAM , NEAR IMAM BADA BUDGAM PIN 191111
MICR: 191002008 RTGS ✓ NEFT ✓ IMPS ✓
Frequently Asked Questions
Is SBIN0015981 valid for online transfer?
Yes, SBIN0015981 is a valid IFSC code for State Bank of India MAGAM BUDGAM branch in BUDGAM, JAMMU AND KASHMIR. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SBIN0015981 belong to?
SBIN0015981 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 MAGAM BUDGAM is 191002002. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SBIN0015981?
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.