IFSC Code of State Bank of India, PHUL TOWN, PHUL

SBIN0050055

BankState Bank of India
IFSC CodeSBIN0050055
Branch Code050055 (last six characters of IFSC)
BranchPHUL TOWN
City / DistrictPHUL
StatePUNJAB

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State Bank of India PHUL TOWN IFSC Code

The PHUL TOWN branch of State Bank of India located in PHUL, PUNJAB is identified by the IFSC code SBIN0050055. 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 SBIN0050055

  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 SBIN0050055 to identify the PHUL TOWN 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, PHUL TOWN?
The IFSC code is SBIN0050055.

What is the branch code?
The branch code is 050055, the last six characters of the IFSC code.