State Bank of India, THALI, RUPNAGAR Branch IFSC Code

The IFSC code SBIN0050302 is assigned to State Bank of India, THALI located in RUPNAGAR, PUNJAB. This code is required for electronic fund transfers like NEFT, RTGS, and IMPS transactions.

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Bank Details

Bank Name State Bank of India
IFSC Code SBIN0050302
MICR Code 140002012
Branch Code 050302
Branch THALI
City RUPNAGAR
District THALI
State PUNJAB
Address V THALI PO GHANAULI TEH ROPAR 140113 Maps
Contact 265249

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Understanding IFSC and MICR Codes

What is IFSC Code?

IFSC (Indian Financial System Code) is an 11-character alphanumeric code used to identify bank branches in India. It is essential for electronic fund transfers through NEFT, RTGS, and IMPS systems.

SBIN Bank Code
0 Reserved (0)
050302 Branch Code

What is MICR Code?

MICR (Magnetic Ink Character Recognition) is a 9-digit code printed on cheques. It helps in faster processing of cheques through automated reading.

140 City Code
002 Bank Code
012 Branch Code

When to Use These Codes?

  • NEFT Transfer: Use IFSC code for National Electronic Funds Transfer (available 24x7)
  • RTGS Transfer: Use IFSC code for Real Time Gross Settlement (for amounts ≥ ₹2 lakhs)
  • IMPS Transfer: Use IFSC code for Immediate Payment Service (instant transfers)
  • Cheque Processing: MICR code is printed on cheques for automated clearing

Frequently Asked Questions

IFSC Code SBIN0050302 is the Indian Financial System Code assigned to State Bank of India, THALI branch in RUPNAGAR, PUNJAB. This 11-character code uniquely identifies this bank branch in India's electronic payment systems.

This branch is located in RUPNAGAR, THALI, PUNJAB. The full address is: V THALI PO GHANAULI TEH ROPAR 140113

The branch code is 050302. This is the last 6 characters of the IFSC code that uniquely identifies this specific branch of State Bank of India.

This branch supports the following electronic fund transfer services:

  • NEFT - Available
  • RTGS - Available
  • IMPS - Available
  • UPI - Available

The MICR (Magnetic Ink Character Recognition) code for this branch is 140002012. MICR code is a 9-digit code used for processing cheques and is printed on cheque leaves.

To use this IFSC code for fund transfers:

  1. Log in to your bank's internet banking or mobile app
  2. Navigate to fund transfer section (NEFT/RTGS/IMPS)
  3. Enter the beneficiary's account number
  4. Enter IFSC Code: SBIN0050302
  5. Verify the bank and branch details auto-populated
  6. Complete the transfer
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