State Bank of India DERABASSI Branch IFSC Code

SBIN 0050022
State Bank of India Logo State Bank of India
DERABASSI — PATIALA, PUNJAB
MICR: 160002148 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
State Bank of India
Branch
DERABASSI
IFSC Code
SBIN0050022
MICR Code
160002148
Address
TEHRAJPURA
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City
PATIALA
District
DERA BASSI
State
PUNJAB
Contact
231024

How to Use This IFSC Code

NEFT Transfer

Use IFSC code SBIN0050022 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 SBIN0050022.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0050022.

IFSC Code Structure

S
B
I
N
0
0
5
0
0
2
2
  • SBIN — Bank code (State Bank of India)
  • 0 — Reserved (always 0)
  • 050022 — Branch code (DERABASSI)

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Frequently Asked Questions

Is SBIN0050022 valid for online transfer?
Yes, SBIN0050022 is a valid IFSC code for State Bank of India DERABASSI branch in PATIALA, PUNJAB. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SBIN0050022 belong to?
SBIN0050022 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 DERABASSI is 160002148. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SBIN0050022?
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.