IFSC Code of State Bank of India, LOYABAD, BANSJORA

SBIN0002970

BankState Bank of India
IFSC CodeSBIN0002970
Branch Code002970 (last six characters of IFSC)
BranchLOYABAD
City / DistrictBANSJORA
StateJHARKHAND

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State Bank of India LOYABAD IFSC Code

The LOYABAD branch of State Bank of India located in BANSJORA, JHARKHAND is identified by the IFSC code SBIN0002970. This 11-character code is issued by the Reserve Bank of India (RBI) and is required for electronic fund transfers such as NEFT, RTGS, IMPS and UPI.

How to transfer money using SBIN0002970

  1. Log in to your bank’s net banking or mobile banking app.
  2. Choose the NEFT, RTGS or IMPS transfer option.
  3. Add the beneficiary with account number and branch name.
  4. Enter IFSC code SBIN0002970 to identify the LOYABAD branch.
  5. Enter the amount and confirm the transaction.

Difference between IFSC and MICR

AspectIFSC
Full formIndian Financial System Code
PurposeOnline money transfer (NEFT / RTGS / IMPS)
Format11-character alphanumeric
Issued byReserve Bank of India (RBI)

Frequently asked questions

What is the IFSC code of State Bank of India, LOYABAD?
The IFSC code is SBIN0002970.

What is the branch code?
The branch code is 002970, the last six characters of the IFSC code.