what is ifsc code of sbi

9 months ago 24
Nature

The IFSC code of SBI (State Bank of India) is a unique 11-character alphanumeric code used for online fund transfers, and it is assigned to each SBI branch by the Reserve Bank of India. The first four letters of the code represent the bank's name, with the fifth character being a '0' and the last six characters identifying the specific branch. It is used for electronic transactions such as NEFT, RTGS, and IMPS. You can find the IFSC code on the cheque book provided by the bank, the front page of your bank passbook, or by using the branch locator on the SBI website