State Bank of India MID CORPORATE GROUP REGIONAL OFFICE - II, NEW DELHI Branch IFSC Code

SBIN 0016408
State Bank of India Logo State Bank of India
MID CORPORATE GROUP REGIONAL OFFICE - II, NEW DELHI — NEW DELHI, DELHI
MICR: 110002931 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
State Bank of India
Branch
MID CORPORATE GROUP REGIONAL OFFICE - II, NEW DELHI
IFSC Code
SBIN0016408
MICR Code
110002931
Address
JEEWAN BHARTI BUILDING, CONNAUGHT PLACE, NEW DELHI-110001.
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City
NEW DELHI
District
NEW DELHI
State
DELHI
Contact
+918800755244

How to Use This IFSC Code

NEFT Transfer

Use IFSC code SBIN0016408 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 SBIN0016408.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0016408.

IFSC Code Structure

S
B
I
N
0
0
1
6
4
0
8
  • SBIN — Bank code (State Bank of India)
  • 0 — Reserved (always 0)
  • 016408 — Branch code (MID CORPORATE GROUP REGIONAL OFFICE - II, NEW DELHI)

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Frequently Asked Questions

Is SBIN0016408 valid for online transfer?
Yes, SBIN0016408 is a valid IFSC code for State Bank of India MID CORPORATE GROUP REGIONAL OFFICE - II, NEW DELHI branch in NEW DELHI, DELHI. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SBIN0016408 belong to?
SBIN0016408 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 MID CORPORATE GROUP REGIONAL OFFICE - II, NEW DELHI is 110002931. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SBIN0016408?
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.