IFSC Code of State Bank of India, INS (INDIA), DELHI

SBIN0010623

BankState Bank of India
IFSC CodeSBIN0010623
Branch Code010623 (last six characters of IFSC)
BranchINS (INDIA)
City / DistrictDELHI
StateDELHI

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State Bank of India INS (INDIA) IFSC Code

The INS (INDIA) branch of State Bank of India located in DELHI, DELHI is identified by the IFSC code SBIN0010623. 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 SBIN0010623

  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 SBIN0010623 to identify the INS (INDIA) 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, INS (INDIA)?
The IFSC code is SBIN0010623.

What is the branch code?
The branch code is 010623, the last six characters of the IFSC code.