Select Branch for State Bank Of India in Shimla, Himachal Pradesh

Choose a branch to view IFSC code and details

Branch
Baghi

SBIN0011956

BAGHI,TEHSIL KOTKHAI,DISTT.SHIMLA,HIMACHAL PRADESH,DIST SHIMLA171225
Branch
Bahli

SBIN0007793

SIMLA H P 172022
Branch
Bhutti

SBIN0007569

SIMLA H P 172030
Branch
Bolleauganj,shimla

SBIN0006785

SHIMLA,HIMACHAL PRADESH, 171005 ,PIN - 171005
Branch
Cac Shimla

SBIN0061967

SBI MAIN BRANCH,THE MALL SHIMLA,TEHSIL SHIMLA,DISTT SHIMLA HP 171003
Branch
Chamyana Kamla Nagar

SBIN0051372

CHAMYANA KAMLA NAGAR PO KAMLA NAGAR TEHSIL SHIMLA DISTT SHIMLA HP PIN CODE171006
Branch
Chaupal

SBIN0011885

TEHSIL CHAUPAL,DISTT.SHIMLA,HIMACHAL PRADESH
Branch
Cheog

SBIN0004585

DIST SIMLASTATE HIMACHAL PRADESHPIN 171219
Branch
Deha

SBIN0005663

DIST SIMLA, H P 171201
Branch
Dharech

SBIN0009365

STATEBANKOFINDIADHARECH
Branch
Fslo, Shimla

SBIN0061233

SBI ADMIN OFFICE KASUMPTI SHIMLA-HIMACHAL PRADESH-171009
Branch
Ganvi

SBIN0009366

STATEBANKOFINDIAGANVI
Branch
Ghanahatti Parhech

SBIN0013703

PO GHANAHATTI, TEHSIL SHIMLA, DISTT SHIMLA, HIMACHAL PRADESH 171011
Branch
Ghech

SBIN0051371

STATE BANK OF INDIA VILL KOHBAG PO KOHBAG TEHSIL DISTT SHIMLA HP PIN CODE171103
Branch
Igmc , Shimla

SBIN0004054

IGMC SHIMLA DIST SHIMLA, HIMACHAL PRADESH
Branch
Jeori

SBIN0005718

SIMLA H P 172101
Branch
Jhakri

SBIN0006988

DIST SIMLA, HP 172201
Branch
Jhiknipul

SBIN0008453

DIST SIMLA, H P 171211
Branch
Jubbal

SBIN0001211

DIST SIMLA, HIMACHAL PRADESH 171205
Branch
Kalbogh

SBIN0004583

DIST SIMLA, H P 171225
Branch
Kasumpti

SBIN0014639

TEHSIL SHIMLA,DISTHIMACHAL PRADESH
Branch
Khara Pathar

SBIN0005578

SIMLA, HIMACHAL PRADESH 171205
Branch
Kholighat

SBIN0007301

DIST SIMLA, H P 171213
Branch
Kiari

SBIN0003937

DIST SIMLA, HIMACHAL PRADESH 171204
Branch
Kotkhai

SBIN0000594

DIST SIMLA, HIMACHAL PRADESH 171202
Branch
Kumarsain

SBIN0011886

TEHSIL KUMARSAIN,DISTT SHIMLA,HIMACHAL PRADESH 172029
Branch
Lower Bazar, Shimla

SBIN0010729

ANAJ MANDILOWER BAZARSIMLA
Branch
Mandhol

SBIN0006780

DIST SIMLA, HP 171205
Branch
Matiana

SBIN0004586

DIST SIMLA, HP 171212
Branch
Melthi

SBIN0007304

DIST SIMLA, HP 171205
Branch
Nerwa

SBIN0016786

NERAW, THE. CHAUPAL, DISTT.SHIMLA. HIMACHAL PRADESH 171210
Branch
Pbb Shimla

SBIN0004122

D-12, SECTOR-I, MAIN ROAD, RESIDENTIAL COLONY, NEW SHIMLA HIMACHAL PRADESH 173009
Branch
Racpc Shimla

SBIN0063682

STATE BANK OF INDIA,RACPC SHIMLA,NEAR KALIBARI,THE MALL SHIMLA HP 171001
Branch
RamPur

SBIN0000703

RAMPUR, SHIMLA, H.P.-172001
Branch
Rasmeccc-sarc, Shimla

SBIN0005282

SBI MAIN BRANCH THE MALL SHIMLA DISTSIMLA STATE HIMACHAL PRADESH PIN171003
Branch
Rbo , Shimla

SBIN0014850

40, SDA COMPLEX, KASUMPATI, SHIMLA, HIMACHAL PRADESH171009
Branch
Rbo Office Fi And Mm Shimla

SBIN0061359

SDA COMPLEX, KASUMPTI, SHIMLA-171009
Branch
Rohru

SBIN0007418

DIST SIMLA, HIMACHAL PRADESH 171207
Branch
Sanjuli

SBIN0010728

COMPLEXMORNING SUN SITE,SANJULISHIMLA,HIMACHALPRADESHPIN 171006
Branch
Sarahan

SBIN0002476

DIST SIMLA, H P 172102
Branch
Sawra

SBIN0004584

DIST SIMLA, HP 171206
Branch
Service Branch, Shimla

SBIN0009230

SIMLAHIMACHAL PRADESH
Branch
Sheelghat

SBIN0007462

DIST SIMLA, HP 171205
Branch
Shimla Main Branch

SBIN0000718

THE MALL, NEAR POST OFFICE,SHIMLA
Branch
Shingla Dakolar

SBIN0051377

MEERA NIWAS DAKOLAR NEW RAMPUR PO SHINGLA TEHSIL RAMPUR DISTT SHIMLA H P PIN CODE 172001
Branch
Shoghi

SBIN0013702

SHOGI, SHIMLA DISTRICT, HIMACHAL PRADESH171219
Branch
Smec Shimla

SBIN0063685

STATE BANK OF INDIA,SMEC SHIMLA,NEAR KALIBARI,THE MALL SHIMLA HP 171001
Branch
Summer Hills, Shimla

SBIN0002490

H P UNIVERSITY SHIMLA DISTSHIMLA,HIMACHAL PRADESH 171005
Branch
Sunni Seoni

SBIN0015030

SUNNI SEONI , NAGAR PANCHAYAT BUILDING, PO SUNNI , TEH SUNNI, DISTT SHIMLA. HIMACHAL PRADESH 171301
Branch
Theog

SBIN0001075

SIMLA STATE HIMACHAL PRADESH PIN 171201
Branch
Totu

SBIN0014638

SHIMLA DISTRICT, HIMACHAL PRADESH171011
Branch
Zonal Office, Shimla

SBIN0006175

ZONAL OFFICE ,SHIMLA

What are State Bank Of India IFSC Codes?

The Indian Financial System Code, commonly known as the IFSC code, is an alphanumeric code crucial for the electronic transfer of funds within the Indian banking system. This code helps in identifying specific bank branches, ensuring that electronic transactions like NEFT (National Electronic Funds Transfer), RTGS (Real-Time Gross Settlement), and IMPS (Immediate Payment Service) are conducted smoothly and accurately.

The IFSC code acts as a guide that directs money to the right bank branch, whether it is for a money transfer to a friend, payment of a bill, or business transactions.

How to Read the Structure of the State Bank Of India IFSC Code

The IFSC code is an 11-character code consisting of three distinct elements:

  • First Four Characters: These letters indicate the name of the bank. For instance, the first four alphabets in the code represent the bank's name.
  • Fifth Character: This is always '0' (zero) and is reserved for potential future use in the system.
  • Last Six Characters: These can be either numeric or alphabetic and identify a specific branch of the bank.

Example: An IFSC code may appear as "BANK0123456." Here, "BANK" denotes the bank, and "0123456" identifies the specific branch. This unique combination ensures that each branch of every bank has a distinct identification number, allowing the precise identification of the account's location.

How to Locate an State Bank Of India IFSC Code

Locating an IFSC code is relatively straightforward and can be done using any of the following methods:

  • Cheque Book: The cheque leaves issued by your bank carry the IFSC code, usually printed on the upper section of the leaf.
  • Bank Passbook: The IFSC code is typically found on the first page of the bank passbook provided at the time of opening the account.
  • Official Websites of Banks: Most banks provide a search tool on their websites that allows you to find their respective IFSC codes based on branch location or branch name.
  • Online Banking Portals: IFSC codes are provided in most online banking systems, enabling customers to find the code related to their bank branch.
  • Mobile Banking Apps: Many banking apps allow you to view branch details, including IFSC codes.
  • RBI Website: The Reserve Bank of India maintains an official list of all banks and their respective branch IFSC codes on its website.

Importance of IFSC Code in Fund Transfers

The IFSC code plays a significant role in secure and efficient fund transfers in the following ways:

  • NEFT (National Electronic Funds Transfer): The IFSC code ensures that funds are transferred accurately from one account in a bank to another account in a different bank in India.
  • RTGS (Real-Time Gross Settlement): The IFSC code ensures the safety and speed of high-value transactions where money needs to be transferred at once.
  • IMPS (Immediate Payment Service): An instant fund transfer service where the IFSC code directs funds to the correct branch instantly.
  • Error Prevention: Accurate use of the IFSC code minimizes the chances of funds being directed to the wrong account or branch, thereby reducing errors.

Benefits of Using IFSC Code

Here are the main benefits of IFSC codes you must know:

  • Increased Security: Using the correct IFSC code ensures the transaction reaches the correct branch of the bank, minimizing errors or misdirected funds.
  • Faster and More Efficient: IFSC codes streamline the fund transfer process, making it faster than traditional methods.
  • Universal Use: Since the IFSC code system is standardized across all banks in India, it can be used for transfers between any banks.

Procedure to Perform State Bank Of India Fund Transfer Using IFSC Code

Fund transfer using an IFSC code is a simple yet vital process:

  • Log in Through Online Banking: Use your mobile banking app or Internet banking portal to log in to your bank.
  • Fund Transfer: Select the option for fund transfer, choosing between NEFT, RTGS, or IMPS.
  • Add Recipient Details: Enter the recipient's name, account number, bank name, and the IFSC code of their branch.
  • Validate Details: Verify the entered details to avoid errors. Incorrect bank and IFSC details can lead to the rejection of your fund transfer request.
  • Confirm Transfer: After confirmation, the money will be transferred. Depending on the mode of transfer, the amount may be transferred within a few seconds or minutes.

How to Open a State Bank Of India Bank Account

Opening a bank account is a simple if you have the necessary documents and meet the eligibility criteria:

Eligibility Criteria

  • Any citizen over 18 years old is eligible to open a bank account.
  • In the case of minors, parents or guardians can open an account on their behalf.
  • Non-residents are also eligible, provided they fulfill certain conditions established by the banks.

Required Documents

  • Proof of Identity: Aadhaar Card, Passport, Voter ID, or any government-issued ID.
  • Proof of Address: Aadhaar Card, Passport, utility bills, or any valid document proving residence.
  • PAN Card: A PAN card is required for tax compliance.
  • Passport Size Photographs: Usually, two to three recent photographs are needed.
  • Form 16: In certain cases where a PAN card is not available, Form 16 may be considered.

Process to Open an Account

  • Visit a Bank: Visit a branch of your chosen bank, or apply online if the bank offers an online application service.
  • Fill Out the Form: Complete the account opening form with your personal information.
  • Submit Documents: Provide documents verifying your identity and address.
  • Initial Deposit: Make an initial deposit if required by the specific type of account.
  • Account Activation: Once your documents are verified, your account will be activated, and you will receive a passbook, checkbook, and debit card.
  • Register for Internet and Mobile Banking: Register for Internet and mobile banking services to facilitate easy transactions.

Loan EMI Calculator: Importance and Types

For anyone taking a loan, an EMI calculator is a vital and useful tool. Based on the loan amount, interest rate, and repayment period, it assists you in calculating the monthly repayment amount. You may better manage your money and make sure the loan doesn't put a burden on your resources by using an EMI calculator. It helps you steer clear of any unpleasant shocks later on by giving you a clear image of your financial commitment.

Loan Calculators

  • Loan Calculator VA: Specifically designed for VA loans, helping veterans calculate their mortgage payments.
  • Loan Calculator Vehicle: Assists in determining monthly payments for vehicle loans.
  • Loan Calculator 30 Year: Calculates monthly payments for a 30-year loan term.
  • Loan Calculator Yearly Payment: Provides an annual breakdown of loan payments.

EMI Calculators

  • EMI Calculator for Home Loan: Helps in calculating the Equated Monthly Installment (EMI) for home loans.
  • EMI Calculator Us: Tailored for users in the US to compute their home loan EMIs.
  • EMI Calculator on Home Loan: Another tool for calculating home loan EMIs, ensuring accurate monthly payment estimates.

Interest Calculators

  • Interest calculator yearly: Calculates the annual interest on loans or investments.

SIP Calculators

  • SIP Calculator India: Designed for Indian investors to calculate returns on Systematic Investment Plans (SIPs).
  • SIP Calculator Return: Estimates the returns on SIP investments.
  • SIP Calculator Mutual Fund: Calculates potential returns from mutual fund SIPs.
  • SIP Calculator Months: Provides monthly breakdowns of SIP investments.
  • SIP Calculator Online: An online tool for calculating SIP returns.
  • SIP Calculator Yearly: Offers yearly projections of SIP returns.

PPF Calculators

  • PPF Calculator India: Calculates returns on Public Provident Fund (PPF) investments in India.
  • PPF Generator: Generates detailed reports on PPF investments.
  • PPF Calculator 15 Years: Estimates returns over a 15-year period.
  • PPF Calculator 30 Years: Projects returns over a 30-year period.

Conclusion

An IFSC code is an essential component of the Indian banking system, ensuring the secure electronic transfer of funds. Whether you're doing a simple NEFT transfer or a high-value RTGS transaction, the IFSC code plays an indispensable role in smooth banking operations. Knowing how to find and use this code is crucial for anyone conducting electronic transactions in India.

Frequently Asked Questions (FAQs)

IFSC stands for Indian Financial System Code. It is an 11-character alphanumeric code used to identify a specific branch of a bank in India. It is required for electronic fund transfers like RTGS and NEFT.

The IFSC code is crucial for ensuring safe and error-free transfers from one bank to another. It helps route transactions through the correct bank branch.

You can find the IFSC code on your cheque book and passbook or on your bank's official website. The Reserve Bank of India also publishes a list of IFSC codes.

Yes, the IFSC code is required to complete electronic fund transfers like NEFT, RTGS, and IMPS. Without the IFSC code, the transfer cannot be completed.

In Internet banking, the IFSC code of the beneficiary's bank and branch ensures safe and accurate transfers.

No, each branch of a bank has a unique IFSC code, making it easier to identify the specific branch for transactions.

Latest Blog Posts