State Bank of India Baloda Bazar Branch โ€” IFSC Code

RAIPUR, CHHATTISGARH

IFSC Code

SBIN0001048

IFSC CodeSBIN0001048
MICR Code493002151
BankState Bank of India
BranchBaloda Bazar
CityRAIPUR
DistrictBALODA BAZAR
StateCHHATTISGARH
AddressDIST RAIPUR, CHATTISGARH, 493332
Contactโ€”
NEFT EnabledYes โœ…
RTGS EnabledYes โœ…
IMPS EnabledYes โœ…
UPI EnabledYes โœ…

๐Ÿ“…Data sourced from RBI IFSC directory. Last verified: May 2026.Verify at State Bank of India official site โ†’

How to Use IFSC Code SBIN0001048

  1. 1. Login to your bank's mobile app or net banking
  2. 2. Go to Fund Transfer โ†’ Add Beneficiary
  3. 3. Enter recipient's account number + IFSC: SBIN0001048
  4. 4. Wait 30 minโ€“24 hrs for beneficiary activation
  5. 5. Transfer via NEFT (free) or RTGS (โ‚น2L+, instant)

IFSC Code Format โ€” State Bank of India

SBIN0001048
โ†‘ Bank codeโ†‘ Reservedโ†‘ Branch code

Frequently Asked Questions

What is the IFSC code of State Bank of India Baloda Bazar?

The IFSC code is SBIN0001048. Use this for NEFT, RTGS, and IMPS transfers to State Bank of India Baloda Bazar branch in RAIPUR.

What is the MICR code of State Bank of India Baloda Bazar?

The MICR code is 493002151. MICR codes are used for cheque processing, not for digital transfers.

Is SBIN0001048 valid for UPI transfers?

UPI transfers using a UPI ID do not require IFSC โ€” the app resolves it automatically. Use SBIN0001048 only for NEFT, RTGS, or IMPS when adding a bank account manually.