IFSC Code of State Bank of India, NEW MARKET ITARSI, ITARSI

SBIN0012161

BankState Bank of India
IFSC CodeSBIN0012161
Branch Code012161 (last six characters of IFSC)
BranchNEW MARKET ITARSI
City / DistrictITARSI
StateMADHYA PRADESH

Open in interactive IFSC finder →

State Bank of India NEW MARKET ITARSI IFSC Code

The NEW MARKET ITARSI branch of State Bank of India located in ITARSI, MADHYA PRADESH is identified by the IFSC code SBIN0012161. 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 SBIN0012161

  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 SBIN0012161 to identify the NEW MARKET ITARSI 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 MARKET ITARSI?
The IFSC code is SBIN0012161.

What is the branch code?
The branch code is 012161, the last six characters of the IFSC code.