Bank Branch Details
| Bank Name | State Bank of India |
| Branch Name | BALODA BAZAR |
| IFSC Code | SBIN0001048 |
| MICR Code | 493002151 |
| City | RAIPUR |
| District | BALODA BAZAR |
| State | CHHATTISGARH |
| Address | DIST RAIPUR, CHATTISGARH, 493332 |
| Contact | |
| NEFT | Available |
| RTGS | Available |
| IMPS | Available |
| UPI | Available |
What is IFSC Code
IFSC stands for Indian Financial System Code. It is a unique 11-character code assigned by the Reserve Bank of India (RBI) to identify every bank branch participating in the NEFT system in India.
- The first four characters (SBIN) identify the bank.
- The fifth character (0) is reserved and usually zero.
- The last six characters (001048) identify the branch.
For example, SBIN0001048 is the IFSC code for State Bank of India BALODA BAZAR branch in RAIPUR. This IFSC code is used for NEFT, RTGS, IMPS and online banking transactions.
