State Bank Of India
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IFSC code SBIN0015981 is the Indian Financial System Code assigned to the Magam Budgam branch of State Bank Of India, located in Magam, Budgam district, Jammu And Kashmir. The branch address is: HYDERIYA SHOPPING COMPLEX, GULMARG ROAD, MAGAM, DISTT. BUDGAM. JAMMU AND KASHMIR 193401.
The IFSC code format is an 11-character alphanumeric code defined by the Reserve Bank of India (RBI). It is structured as follows: the first 4 characters (SBIN) identify the bank; the 5th character is always '0' (reserved for future use); and the last 6 characters (015981) identify the specific branch. This code uniquely identifies every bank branch in India that participates in electronic fund transfer systems.
Use IFSC code SBIN0015981 when initiating fund transfers via NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), or IMPS (Immediate Payment Service) to the Magam Budgam branch of State Bank Of India. You can find this code printed on your cheque book below the branch details, or on your bank passbook / account statement.
| IFSC Code | SBIN0015981 |
| Bank Code | SBIN |
| Branch Code | 015981 |
| Branch PIN | 193401 |
| Transfers | NEFT · RTGS · IMPS |