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SBI has an extensive branch network, with over 24,000 branches in India and over 190 offices in 35 other countries across the world. As one of the leading digital banking solution providers in India, SBI allows seamless transfer of money into any other bank account. With digital banking widely popular around the country, users are seeking convenient and quick fund transfers through online mode.

SBI Bank offers Netbanking facilities to its customers, which allows online fund transfer to other bank accounts via three major payment systems, namely NEFT, IMPS & RTGS. These three payments systems are regulated by the RBI and to allow for hassle-free fund transfer, the RBI has employed the IFSC Code. IFSC Codes are unique to every bank branch. They make sure that your funds are transferred to the right account in the right branch. One can find the IFSC Code of a bank branch on the bank’s website, or on the RBI website, or through our CreditMantri portal.

What is the IFSC code?

The IFSC Code, or the Indian Financial System Code, is a 11-digit alpha-numeric code designated to a particular bank branch. This code is essential while doing online fund transfers. It refers to each banking branch which is participating in Indias three major payment and settlement systems: NEFT, IMPS & RTGS.

The IFSC code consists of 11 letters, the first four are alphabetical letters representing the bank name, and the branch is represented by the last six characters (normally numeric or occasionally alphabetic). Fifth, 0 (zero) is reserved for future use at the time being. The Bank IFSC Code enables NEFT & RTGS to forward messages to the banks / branches of destination.

The Reserve Bank of India shall issue the IFSC to all banks and branches. The IFSC is an important factor in transferring funds from your bank account to another bank account. You can use NEFT, IMPS or RTGS to transfer money to another branch. For all three of these schemes, the IFSC code of the beneficiary bank account is used to pass the money to the right branch account number.

The IFSC Code has become more important by integrating Internet banking into the Indian Banking System. In the past, the MICR code was used to mark the appropriate banking branch where the balance had to be paid, reported on the search or on the order. The IFSC code is common in the modern banking sector for fast cash transactions, with Internet money transfers gaining popularity.

Why is the IFSC code important?

The primary application of IFSC Code is during online money transfer. India has 3 major money transfer systems; NEFT, IMPS & RTGS. All three systems require the IFSC Code of the recipient’s bank branch to ensure that the money is credited to the right bank account at the right branch. Here are some other advantages of using IFSC Code for banking:

  • It helps move funds to the right account in the right branch. The IFSC code is unique to every bank and branch.
  • Allows quicker and easier transfer of money between bank accounts
  • Removes the risk of fraud when using the IFSC Code
  • The IFSC Code enables a direct transfer between the sender and the receiver. When an internet transaction is initiated, notification or e-mail from both parties is received from the banks concerned, whether it is a credit or debit transaction.
  • Makes it easier for banks to verify the settlement process.
  • Promotes paperless cash transactions. You will now benefit from an electronic, paperless bank transfer with the assistance of the IFSC. It seeks to make banking environmentally sustainable. Business transactions, based on IFSC codes, have become simple, easy and paperless.

How to find the IFSC code of SBI bank branches?

SBI Bank has more than 24,000 branches. It is very important to use the correct IFSC Code while you are transferring money. The SBI website makes it easy for anyone to find the IFSC Code of a branch. Follow these instructions:

  • Visit the official webpage of SBI Bank. 
  • At the bottom of the homepage, you will see a quick access menu that will show various value added services available for the user.
  • On this bar, click on the icon for ‘Branch Locator / ATM Locator’ and choose Branch Locator.
  • It will take you to a new page, where you can search for a particular branch using the State, District, Branch Code, Branch Name or PIN Code.
  • You have to then enter the search value to pull up the matching records. 
  • Once the page displays the matching results, you can click on the right branch you are looking for.
  • You will then be displayed all the information pertaining to the branch, which will include the IFSC Code too.

Other options to find the IFSC Code of a SBI Bank Branch

Find it on the SBI Bank account cheque book and passbooks

The other handy way to discover the IFSC Code for your branch is via your checkbook and pass book provided by SBI Bank. Your checkbook and passbook will give you a lot of valuable knowledge about your bank branch. Your branch name, branch address, phone number and IFSC code are some of the things youll find there. They will, though, only have the IFSC code of your bank branch, not the other branches. If you need the IFSC Code for other branches, please follow one of the following methods.

On the official website of RBI

The primary RBI website has a section devoted to the identification of the IFSC Code for all banks. Login to the official website of the RBI. Scroll down to the bottom of the page to find More Links. Choose IFSC / MICR Codes in this list. Here, you can select the name of the bank in the drop-down list and enter the name of your branch to find the IFSC code.

On the Internet

You can quickly search the Internet for the ‘SBI Bank IFSC Code and there are a dozen websites that will provide you with the information.

How to find the IFSC Code of SBI Bank Branch on CreditMantri?

CreditMantri is a storehouse of information! It can be considered as a one-stop solution for all your banking and financial needs. CreditMantri website makes it easier for you to locate the IFSC Code of any bank branch in India. Follow these steps to find the IFSC Codes:

  • Login to the CreditMantri website
  • Tap the Community button in the top menu bar and select Resources.
  • Choose IFSC and MICR Codes Directory from this collection.
  • It lists all banks with their own names and logos. You can pick SBI Bank from this page.
  • You can also use the search bar at the top to locate your bank easily. In one shot, you can choose the name of the bank, state, district and branch to get the information.
  • It gives you all the relevant details about the bank for your convenience.


1. What is MICR Code? How is it different from IFSC Code?

MICR Code, which stands for Magnetic Ink Character Recognition, can be seen on all cheque leaves at the bottom white line known as the MICR Band. MICR is primarily used in cheque transactions, whereas, IFSC Code is used for digital transactions. Also, IFSC Code can be used for all three payment methods, viz, NEFT, IMPS & RTGS. It enables real-time settlement of transfers.

2. Which is safer? IFSC or MICR?

Both of them are safe in their own accord. IFSC is used for online transfers and MICR is used for cheque remittances. Both of them follow high security standards for a safe fund transfer.

3. What is the key difference between NEFT, IMPS & RTGS?

The key difference between these 3 payments systems is the transfer amount limit and the timings during which you can transfer the money.

4. Is the IBAN number and the IFSC Code the same?

IBAN number is your International Banking Account number. It is used for international money transfers only. Whereas, IFSC Code is used for domestic bank transfers. They are not the same.

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