IFSC Code of State Bank of India, NEW DELHI MODEL BASTI, DELHI

SBIN0050004

BankState Bank of India
IFSC CodeSBIN0050004
Branch Code050004 (last six characters of IFSC)
BranchNEW DELHI MODEL BASTI
City / DistrictDELHI
StateDELHI

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State Bank of India NEW DELHI MODEL BASTI IFSC Code

The NEW DELHI MODEL BASTI branch of State Bank of India located in DELHI, DELHI is identified by the IFSC code SBIN0050004. 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 SBIN0050004

  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 SBIN0050004 to identify the NEW DELHI MODEL BASTI 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, NEW DELHI MODEL BASTI?
The IFSC code is SBIN0050004.

What is the branch code?
The branch code is 050004, the last six characters of the IFSC code.