IFSC Code of State Bank of India, LOWER PAREL MUMBAI, MUMBAI

SBIN0003428

BankState Bank of India
IFSC CodeSBIN0003428
Branch Code003428 (last six characters of IFSC)
BranchLOWER PAREL MUMBAI
City / DistrictMUMBAI
StateMAHARASHTRA

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State Bank of India LOWER PAREL MUMBAI IFSC Code

The LOWER PAREL MUMBAI branch of State Bank of India located in MUMBAI, MAHARASHTRA is identified by the IFSC code SBIN0003428. 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 SBIN0003428

  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 SBIN0003428 to identify the LOWER PAREL MUMBAI 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, LOWER PAREL MUMBAI?
The IFSC code is SBIN0003428.

What is the branch code?
The branch code is 003428, the last six characters of the IFSC code.