State Bank of India DEV NAGAR NEW DELHI Branch IFSC Code

SBIN 0016201
State Bank of India Logo State Bank of India
DEV NAGAR NEW DELHI — NEW DELHI, DELHI
MICR: 110002521 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
State Bank of India
Branch
DEV NAGAR NEW DELHI
IFSC Code
SBIN0016201
MICR Code
110002521
Address
53 BY 1,DESH BANDHU GUPTA MARG,NEW DELHI 110005
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City
NEW DELHI
District
DELHI
State
DELHI

How to Use This IFSC Code

NEFT Transfer

Use IFSC code SBIN0016201 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 SBIN0016201.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0016201.

IFSC Code Structure

S
B
I
N
0
0
1
6
2
0
1
  • SBIN — Bank code (State Bank of India)
  • 0 — Reserved (always 0)
  • 016201 — Branch code (DEV NAGAR NEW DELHI)

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Frequently Asked Questions

Is SBIN0016201 valid for online transfer?
Yes, SBIN0016201 is a valid IFSC code for State Bank of India DEV NAGAR NEW DELHI branch in NEW DELHI, DELHI. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SBIN0016201 belong to?
SBIN0016201 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 DEV NAGAR NEW DELHI is 110002521. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SBIN0016201?
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.