IFSC Code SBIN0016408 - State Bank of India-MID CORPORATE GROUP REGIONAL OFFICE - II, NEW DELHI-New Delhi
| Detail | Information |
|---|---|
| IFSC Code | SBIN0016408 |
| Bank Name | State Bank of India |
| Address | JEEWAN BHARTI BUILDING, CONNAUGHT PLACE, NEW DELHI-110001. |
| District | New delhi |
| State | Delhi |
| Branch | Mid corporate group regional office - ii, new delhi |
| Contact | +918800755244 |
| Centre | Available |
| IMPS | Available |
| UPI | Available |
| MICR | 110002931 |
| RTGS | 1 |
| NEFT | Not Available |
| ISO3166 | IN-DL |
| Bankcode | SBIN |
Overview of SBIN0016408
The IFSC code SBIN0016408 is associated with the New Delhi MID CORPORATE GROUP REGIONAL OFFICE - II, NEW DELHI Branch of State Bank of India. Located in the bustling city of New Delhi, DELHI, this branch is one of the many State Bank of India branches that cater to the banking needs of the local residents. The code "SBIN" in SBIN0016408 represents State Bank of India Bank, while 0016408 signifies the unique branch code for MID CORPORATE GROUP REGIONAL OFFICE - II, NEW DELHI.
Significance of IFSC Code for Banking Transactions
The importance of the IFSC code, like SBIN0016408, for the MID CORPORATE GROUP REGIONAL OFFICE - II, NEW DELHI Branch, cannot be overstated. It acts as an address that identifies both the State Bank of India and its specific branch in New Delhi. This ensures that when you're transferring money or setting up a beneficiary for future transactions, your funds are directed to the correct bank branch. Without the IFSC code, the chances of errors in electronic fund transfers would be significantly higher, leading to potential financial losses and administrative hassles.
Deep Dive into SBIN0016408
The IFSC code SBIN0016408 is not just a random combination of letters and numbers. It holds significance in the banking world, especially for those who bank with State Bank of India in New Delhi. Let's break down the details:
- IFSC Code (SBIN0016408): This unique code is essential for electronic fund transfers. The first four characters "SBIN" represent the bank's name, State Bank of India. The last six characters "0016408" are a unique identifier for the MID CORPORATE GROUP REGIONAL OFFICE - II, NEW DELHI branch.
- Bank Name (State Bank of India): One of [country]'s leading banks, State Bank of India offers a wide range of banking products and financial services to its vast customer base.
- Address (JEEWAN BHARTI BUILDING, CONNAUGHT PLACE, NEW DELHI-110001.): This specific address pinpoints the exact location of the branch, ensuring that customers can easily find it for their banking needs.
- City & State (New Delhi, DELHI): The branch is situated in the heart of New Delhi, the capital city of DELHI. A city known for its [CITY_FEATURES].
- Branch (MID CORPORATE GROUP REGIONAL OFFICE - II, NEW DELHI): The [AREA_NAME] area in New Delhi is a hub of activity, and the State Bank of India branch here caters to both individual and business banking needs.
- Phone Number (+918800755244): A direct line to the branch, this number ensures that customers can reach out for any queries, concerns, or banking assistance.