State Bank of India MOHALI S.A.S.NAGAR Branch IFSC Code

SBIN 0050502
State Bank of India Logo State Bank of India
MOHALI S.A.S.NAGAR — RUPNAGAR, PUNJAB
MICR: 160002137 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
State Bank of India
Branch
MOHALI S.A.S.NAGAR
IFSC Code
SBIN0050502
MICR Code
160002137
Address
PHASE VII S A SNAGAR MOHALI
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City
RUPNAGAR
District
SAS NAGAR MOHALI
State
PUNJAB
Contact
230558

How to Use This IFSC Code

NEFT Transfer

Use IFSC code SBIN0050502 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 SBIN0050502.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0050502.

IFSC Code Structure

S
B
I
N
0
0
5
0
5
0
2
  • SBIN — Bank code (State Bank of India)
  • 0 — Reserved (always 0)
  • 050502 — Branch code (MOHALI S.A.S.NAGAR)

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Frequently Asked Questions

Is SBIN0050502 valid for online transfer?
Yes, SBIN0050502 is a valid IFSC code for State Bank of India MOHALI S.A.S.NAGAR branch in RUPNAGAR, PUNJAB. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SBIN0050502 belong to?
SBIN0050502 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 MOHALI S.A.S.NAGAR is 160002137. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SBIN0050502?
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.