IFSC Code of State Bank of India, DERA BABA NANAK, DERABABA NANAK

SBIN0051503

BankState Bank of India
IFSC CodeSBIN0051503
Branch Code051503 (last six characters of IFSC)
BranchDERA BABA NANAK
City / DistrictDERABABA NANAK
StatePUNJAB

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State Bank of India DERA BABA NANAK IFSC Code

The DERA BABA NANAK branch of State Bank of India located in DERABABA NANAK, PUNJAB is identified by the IFSC code SBIN0051503. 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 SBIN0051503

  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 SBIN0051503 to identify the DERA BABA NANAK 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, DERA BABA NANAK?
The IFSC code is SBIN0051503.

What is the branch code?
The branch code is 051503, the last six characters of the IFSC code.