State Bank of India RASMEC RATLAM Branch IFSC Code

SBIN 0061054
State Bank of India Logo State Bank of India
RASMEC RATLAM — RATLAM, MADHYA PRADESH
MICR: 457002028 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
State Bank of India
Branch
RASMEC RATLAM
IFSC Code
SBIN0061054
MICR Code
457002028
Address
STATE BANK CAMPUS, MITRA NIWAS ROAD, RATLAM, DISTT. RATLAM. M.P. -457001
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City
RATLAM
District
RATLAM
State
MADHYA PRADESH
Contact
+919425327358

How to Use This IFSC Code

NEFT Transfer

Use IFSC code SBIN0061054 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 SBIN0061054.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0061054.

IFSC Code Structure

S
B
I
N
0
0
6
1
0
5
4
  • SBIN — Bank code (State Bank of India)
  • 0 — Reserved (always 0)
  • 061054 — Branch code (RASMEC RATLAM)

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Frequently Asked Questions

Is SBIN0061054 valid for online transfer?
Yes, SBIN0061054 is a valid IFSC code for State Bank of India RASMEC RATLAM branch in RATLAM, MADHYA PRADESH. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SBIN0061054 belong to?
SBIN0061054 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 RASMEC RATLAM is 457002028. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SBIN0061054?
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.