IFSC Code of State Bank of India, CHANDIGARH GRAIN MARKET-, CHANDIGARH

SBIN0050116

BankState Bank of India
IFSC CodeSBIN0050116
Branch Code050116 (last six characters of IFSC)
BranchCHANDIGARH GRAIN MARKET-
City / DistrictCHANDIGARH
StateCHANDIGARH

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State Bank of India CHANDIGARH GRAIN MARKET- IFSC Code

The CHANDIGARH GRAIN MARKET- branch of State Bank of India located in CHANDIGARH, CHANDIGARH is identified by the IFSC code SBIN0050116. 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 SBIN0050116

  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 SBIN0050116 to identify the CHANDIGARH GRAIN MARKET- 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, CHANDIGARH GRAIN MARKET-?
The IFSC code is SBIN0050116.

What is the branch code?
The branch code is 050116, the last six characters of the IFSC code.