State Bank of India Specialised Payment Bank Branch Branch โ€” IFSC Code

MUMBAI, MAHARASHTRA

IFSC Code

SBIN0061060

IFSC CodeSBIN0061060
MICR Code400002554
BankState Bank of India
BranchSpecialised Payment Bank Branch
CityMUMBAI
DistrictMUMBAI
StateMAHARASHTRA
AddressADMINISTRATIVE OFFICE, WESTERN MUMBAI, MADHULI BUILDING, 1ST FLOOR, H-2,SHIVSAGAR ESTATE, DR A B ROAD, WORLI MUMBAI 400018
Contact+918657440105
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 SBIN0061060

  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: SBIN0061060
  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

SBIN0061060
โ†‘ Bank codeโ†‘ Reservedโ†‘ Branch code

Frequently Asked Questions

What is the IFSC code of State Bank of India Specialised Payment Bank Branch?

The IFSC code is SBIN0061060. Use this for NEFT, RTGS, and IMPS transfers to State Bank of India Specialised Payment Bank Branch branch in MUMBAI.

What is the MICR code of State Bank of India Specialised Payment Bank Branch?

The MICR code is 400002554. MICR codes are used for cheque processing, not for digital transfers.

Is SBIN0061060 valid for UPI transfers?

UPI transfers using a UPI ID do not require IFSC โ€” the app resolves it automatically. Use SBIN0061060 only for NEFT, RTGS, or IMPS when adding a bank account manually.