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Verified Branch

State Bank of India

LOTAN, SIDDHARTH NAGAR Branch, SIDHARTHANAGAR

IFSC Code
SBIN0016999
Required for NEFT, RTGS, IMPS money transfers
MICR Code
272002381
Used in magnetic paper cheque clearing

11-Character IFSC Anatomy Breakdown

SBIN Bank Code (1-4)
0 Control Zero (5th)
016999 Branch Code (6-11)

Complete Branch Details

Full Address AT POST LOTAN TESHIL NAUGARH DISTT SIDDHARTH NAGAR UTTARPRADESH272206
State UTTAR PRADESH
District / City LOTAN
Centre / Region LOTAN
Contact / Helpline +918795843414
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Electronic Transfer Capabilities & Limits

NEFT

Available 24x7

Half-hourly batch clearance

RTGS

Min. ₹2 Lakh

Real-time gross settlement

IMPS

Instant Transfer

Up to ₹5 Lakh limit

UPI / QR

1-Tap VPA

GPay, PhonePe, Paytm

How to Transfer Money to this Branch

  1. Log in to your mobile banking app or Internet Banking portal (SBI, HDFC, ICICI, etc.).
  2. Navigate to Fund Transfer → Add Beneficiary / Payee.
  3. Enter the recipient's Account Number and paste IFSC code SBIN0016999.
  4. Confirm bank name displays as State Bank of India and branch as LOTAN, SIDDHARTH NAGAR.
  5. Select payment mode (IMPS for instant <₹5L, or RTGS for >₹2L) and authenticate with OTP/MPIN.

Frequently Asked Questions (SBIN0016999)

What is the IFSC code of State Bank of India LOTAN, SIDDHARTH NAGAR branch? ↓

The verified 11-digit IFSC code is SBIN0016999. This unique alphanumeric code is used for routing electronic fund transfers via NEFT, RTGS, IMPS, and clearing networks across India.

Can I transfer money on Sundays and bank holidays using this IFSC code? ↓

Yes! Under Reserve Bank of India (RBI) directives, NEFT, RTGS, IMPS, and UPI operate 24x7x365, including Sundays, second/fourth Saturdays, and public holidays. Electronic transfers will be processed automatically without branch intervention.

What is the MICR code of State Bank of India LOTAN, SIDDHARTH NAGAR? ↓

The 9-digit Magnetic Ink Character Recognition (MICR) code is 272002381. It is printed on cheque leaves for high-speed automated sorting at RBI clearing houses.

Where is the branch located? ↓

The official branch address is AT POST LOTAN TESHIL NAUGARH DISTT SIDDHARTH NAGAR UTTARPRADESH272206, located in LOTAN district, UTTAR PRADESH.

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