IFSC Code of State Bank of India, MODEL TOWN PANIPAT, PANIPAT

SBIN0002421

BankState Bank of India
IFSC CodeSBIN0002421
Branch Code002421 (last six characters of IFSC)
BranchMODEL TOWN PANIPAT
City / DistrictPANIPAT
StateHARYANA

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State Bank of India MODEL TOWN PANIPAT IFSC Code

The MODEL TOWN PANIPAT branch of State Bank of India located in PANIPAT, HARYANA is identified by the IFSC code SBIN0002421. 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 SBIN0002421

  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 SBIN0002421 to identify the MODEL TOWN PANIPAT 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, MODEL TOWN PANIPAT?
The IFSC code is SBIN0002421.

What is the branch code?
The branch code is 002421, the last six characters of the IFSC code.