State Bank of India SAI Branch IFSC Code

SBIN 0050557
State Bank of India Logo State Bank of India
SAI — SOLAN, HIMACHAL PRADESH
MICR: 160002187 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
State Bank of India
Branch
SAI
IFSC Code
SBIN0050557
MICR Code
160002187
Address
SAITEH NALAGARH HP 173205
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City
SOLAN
District
SAI
State
HIMACHAL PRADESH
Contact
268818

How to Use This IFSC Code

NEFT Transfer

Use IFSC code SBIN0050557 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 SBIN0050557.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0050557.

IFSC Code Structure

S
B
I
N
0
0
5
0
5
5
7
  • SBIN — Bank code (State Bank of India)
  • 0 — Reserved (always 0)
  • 050557 — Branch code (SAI)

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Frequently Asked Questions

Is SBIN0050557 valid for online transfer?
Yes, SBIN0050557 is a valid IFSC code for State Bank of India SAI branch in SOLAN, HIMACHAL PRADESH. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SBIN0050557 belong to?
SBIN0050557 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 SAI is 160002187. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SBIN0050557?
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.