IFSC Code of State Bank of India, RASMEC RATLAM, RATLAM

SBIN0061054

BankState Bank of India
IFSC CodeSBIN0061054
Branch Code061054 (last six characters of IFSC)
BranchRASMEC RATLAM
City / DistrictRATLAM
StateMADHYA PRADESH

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State Bank of India RASMEC RATLAM IFSC Code

The RASMEC RATLAM branch of State Bank of India located in RATLAM, MADHYA PRADESH is identified by the IFSC code SBIN0061054. 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 SBIN0061054

  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 SBIN0061054 to identify the RASMEC RATLAM 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, RASMEC RATLAM?
The IFSC code is SBIN0061054.

What is the branch code?
The branch code is 061054, the last six characters of the IFSC code.