State Bank of India CHANDIGARH GRAIN MARKET- Branch IFSC Code
SBIN 0050116
State Bank of India CHANDIGARH GRAIN MARKET- — CHANDIGARH, CHANDIGARH
MICR: 160002122
RTGS: ✓
NEFT: ✓
IMPS: ✓
UPI: ✓
Branch Details
- Bank
- State Bank of India
- Branch
- CHANDIGARH GRAIN MARKET-
- IFSC Code
- SBIN0050116
- MICR Code
- 160002122
- City
- CHANDIGARH
- District
- CHANDIGARH
- State
- CHANDIGARH
- Contact
- 2791997
How to Use This IFSC Code
NEFT Transfer
Use IFSC code SBIN0050116 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 SBIN0050116.
IMPS Transfer
IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0050116.
IFSC Code Structure
S
B
I
N
0
0
5
0
1
1
6
- SBIN — Bank code (State Bank of India)
- 0 — Reserved (always 0)
- 050116 — Branch code (CHANDIGARH GRAIN MARKET-)
Nearby State Bank of India Branches in CHANDIGARH
CHANDIGARH MAIN
SBIN0000628
SECTOR 17, CHANDIGARH. PINCODE 160017
MICR: 160002020 RTGS ✓ NEFT ✓ IMPS ✓
PUNJAB UNIVERSITY
SBIN0000742
PU SECTOR 14,CHANDIGARH,PIN 160014
MICR: 160002009 RTGS ✓ NEFT ✓ IMPS ✓
SECTOR- CHANDIGARH
SBIN0001443
SEC.-30, CHANDIGARH
MICR: 160002017 RTGS ✓ NEFT ✓ IMPS ✓
AIR FORCE STATION CHANDIGARH
SBIN0001495
NO. 3 BRD CHANDIGARH 160003
MICR: 160002012 RTGS ✓ NEFT ✓ IMPS ✓
INDUSTRIAL ESTATE, CHANDIGARH
SBIN0001508
M W MARKETIND AREA PHASE I CHANDIGARH HARYANA 160002
MICR: 160002005 RTGS ✓ NEFT ✓ IMPS ✓
Frequently Asked Questions
Is SBIN0050116 valid for online transfer?
Yes, SBIN0050116 is a valid IFSC code for State Bank of India CHANDIGARH GRAIN MARKET- branch in CHANDIGARH, CHANDIGARH. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SBIN0050116 belong to?
SBIN0050116 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 CHANDIGARH GRAIN MARKET- is 160002122. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SBIN0050116?
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.