IFSC Code of State Bank of India, NEW GRAIN MARKET MALOUT, MALOUT

SBIN0051176

BankState Bank of India
IFSC CodeSBIN0051176
Branch Code051176 (last six characters of IFSC)
BranchNEW GRAIN MARKET MALOUT
City / DistrictMALOUT
StatePUNJAB

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State Bank of India NEW GRAIN MARKET MALOUT IFSC Code

The NEW GRAIN MARKET MALOUT branch of State Bank of India located in MALOUT, PUNJAB is identified by the IFSC code SBIN0051176. 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 SBIN0051176

  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 SBIN0051176 to identify the NEW GRAIN MARKET MALOUT 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 GRAIN MARKET MALOUT?
The IFSC code is SBIN0051176.

What is the branch code?
The branch code is 051176, the last six characters of the IFSC code.