State Bank of India Rasmec Ratlam Branch โ€” IFSC Code

RATLAM, MADHYA PRADESH

IFSC Code

SBIN0061054

IFSC CodeSBIN0061054
MICR Code457002028
BankState Bank of India
BranchRasmec Ratlam
CityRATLAM
DistrictRATLAM
StateMADHYA PRADESH
AddressSTATE BANK CAMPUS, MITRA NIWAS ROAD, RATLAM, DISTT. RATLAM. M.P. -457001
Contact+919425327358
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 SBIN0061054

  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: SBIN0061054
  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

SBIN0061054
โ†‘ Bank codeโ†‘ Reservedโ†‘ Branch code

Frequently Asked Questions

What is the IFSC code of State Bank of India Rasmec Ratlam?

The IFSC code is SBIN0061054. Use this for NEFT, RTGS, and IMPS transfers to State Bank of India Rasmec Ratlam branch in RATLAM.

What is the MICR code of State Bank of India Rasmec Ratlam?

The MICR code is 457002028. MICR codes are used for cheque processing, not for digital transfers.

Is SBIN0061054 valid for UPI transfers?

UPI transfers using a UPI ID do not require IFSC โ€” the app resolves it automatically. Use SBIN0061054 only for NEFT, RTGS, or IMPS when adding a bank account manually.