IFSC Code of State Bank of India, BANDA, SAGAR

SBIN0010168

BankState Bank of India
IFSC CodeSBIN0010168
Branch Code010168 (last six characters of IFSC)
BranchBANDA
City / DistrictSAGAR
StateMADHYA PRADESH

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State Bank of India BANDA IFSC Code

The BANDA branch of State Bank of India located in SAGAR, MADHYA PRADESH is identified by the IFSC code SBIN0010168. 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 SBIN0010168

  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 SBIN0010168 to identify the BANDA 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, BANDA?
The IFSC code is SBIN0010168.

What is the branch code?
The branch code is 010168, the last six characters of the IFSC code.