IFSC CODE DETAILS

STATE BANK OF INDIA

PATIALA THAPAR INSTITUTE Branch

SBIN0050244

Branch Information

IFSC Code SBIN0050244
Bank STATE BANK OF INDIA
Branch PATIALA THAPAR INSTITUTE
Address THAPER INSTITUE OF TECHNOLOGY PATIALA 147001
City PATIALA
District PATIALA
State PUNJAB
PIN Code 147001

Understanding IFSC Code SBIN0050244

SBIN
Bank Code
0
Reserved
050244
Branch Code
  • SBIN: identifies STATE BANK OF INDIA
  • 0: reserved digit (always 0 for future use)
  • 050244: identifies the PATIALA THAPAR INSTITUTE branch in PATIALA, PUNJAB

Frequently Asked Questions: SBIN0050244

What is the IFSC code of STATE BANK OF INDIA PATIALA THAPAR INSTITUTE branch?

The IFSC code of STATE BANK OF INDIA PATIALA THAPAR INSTITUTE branch is SBIN0050244. This code is used for NEFT, RTGS, and IMPS fund transfers to this branch in PATIALA, PUNJAB (PIN 147001).

What does the IFSC code SBIN0050244 mean?

SBIN identifies STATE BANK OF INDIA, 0 is a reserved digit (always 0), and 050244 identifies the PATIALA THAPAR INSTITUTE branch. Together they form the 11-character IFSC code assigned by the Reserve Bank of India.

Where is STATE BANK OF INDIA PATIALA THAPAR INSTITUTE branch located?

STATE BANK OF INDIA PATIALA THAPAR INSTITUTE branch is located at THAPER INSTITUE OF TECHNOLOGY PATIALA 147001. PIN code: 147001.

Can I use SBIN0050244 for NEFT, RTGS, IMPS and UPI?

Yes, SBIN0050244 is valid for all electronic transfers: NEFT (24x7, batch settlement), RTGS (real-time, minimum Rs 2 lakh), IMPS (instant, 24x7, up to Rs 5 lakh), and UPI (IFSC is used internally for bank routing in all UPI transactions). Enter this code with the account number to transfer funds to STATE BANK OF INDIA PATIALA THAPAR INSTITUTE.

What is the MICR code for STATE BANK OF INDIA PATIALA THAPAR INSTITUTE branch?

MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque clearing and processing. Unlike the IFSC code used for online transfers, the MICR code is printed at the bottom of your cheque leaf using magnetic ink and is read by automated clearing machines.

Is the IFSC code SBIN0050244 still active?

Based on RBI records, SBIN0050244 is an active IFSC code assigned to STATE BANK OF INDIA PATIALA THAPAR INSTITUTE in PATIALA, PUNJAB. If you receive a transaction failure citing this IFSC, contact STATE BANK OF INDIA directly or verify on the RBI website, as codes may be updated following bank mergers or branch relocations.

Verify Before You Transfer

Always confirm the IFSC code directly with STATE BANK OF INDIA or the RBI before initiating a high-value transfer.

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PIN code for this branch: 147001

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