State Bank of India Nayabazar Branch โ€” IFSC Code

NEW DELHI, DELHI

IFSC Code

SBIN0040321

IFSC CodeSBIN0040321
MICR Code110002700
BankState Bank of India
BranchNayabazar
CityNEW DELHI
DistrictDELHI
StateDELHI
AddressNO.4101 4157 NAYABAZAR,NEWDELHI
Contact+911166571237
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 SBIN0040321

  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: SBIN0040321
  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

SBIN0040321
โ†‘ Bank codeโ†‘ Reservedโ†‘ Branch code

Frequently Asked Questions

What is the IFSC code of State Bank of India Nayabazar?

The IFSC code is SBIN0040321. Use this for NEFT, RTGS, and IMPS transfers to State Bank of India Nayabazar branch in NEW DELHI.

What is the MICR code of State Bank of India Nayabazar?

The MICR code is 110002700. MICR codes are used for cheque processing, not for digital transfers.

Is SBIN0040321 valid for UPI transfers?

UPI transfers using a UPI ID do not require IFSC โ€” the app resolves it automatically. Use SBIN0040321 only for NEFT, RTGS, or IMPS when adding a bank account manually.