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Verified Branch

State Bank of India

DERABASSI SSI Branch, PATIALA

IFSC Code
SBIN0050654
Required for NEFT, RTGS, IMPS money transfers
MICR Code
160002149
Used in magnetic paper cheque clearing

11-Character IFSC Anatomy Breakdown

SBIN Bank Code (1-4)
0 Control Zero (5th)
050654 Branch Code (6-11)

Complete Branch Details

Full Address TEH RAJPURA
State PUNJAB
District / City DERA BASSI
Centre / Region DERA BASSI
Contact / Helpline 70724
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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 SBIN0050654.
  4. Confirm bank name displays as State Bank of India and branch as DERABASSI SSI.
  5. Select payment mode (IMPS for instant <₹5L, or RTGS for >₹2L) and authenticate with OTP/MPIN.

Frequently Asked Questions (SBIN0050654)

What is the IFSC code of State Bank of India DERABASSI SSI branch? ↓

The verified 11-digit IFSC code is SBIN0050654. 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 DERABASSI SSI? ↓

The 9-digit Magnetic Ink Character Recognition (MICR) code is 160002149. 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 TEH RAJPURA, located in DERA BASSI district, PUNJAB.

Other State Bank of India Branches in DERA BASSI

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RAJPURA Branch

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 SBIN0003541

F.P RAJPURA Branch

PATIALA, PUNJAB

 SBIN0050015

RAJPURA TOWNSHIP Branch

PATIALA, PUNJAB

 SBIN0050016

RAJPURA MAIN BRANCH Branch

PATIALA, PUNJAB

 SBIN0050022

DERABASSI Branch

PATIALA, PUNJAB

 SBIN0050142

SHAMBHU KALAN Branch

PATIALA, PUNJAB

 SBIN0050383

BANUR Branch

PATIALA, PUNJAB

 SBIN0050412

AMLALA Branch

PATIALA, PUNJAB

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