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State Bank of India · Baloda Bazar

SBIN0001048: State Bank of India, Baloda Bazar

IFSC code SBIN0001048 belongs to the Baloda Bazar branch of State Bank of India in Baloda Bazar, Chhattisgarh. Its MICR code is 493002151.

IFSC
SBIN0001048
MICR
493002151
Bank
State Bank of India
Branch
Baloda Bazar
District
Baloda Bazar
State
Chhattisgarh

Branch address

State Bank of India
Dist Raipur, Chattisgarh, 493332

Open in a map · Pincode 493332: post offices and area

Payment systems

SystemOn RBI's list for this branchWhat it is for
NEFTYesTransfers of any amount, settled in half-hourly batches, all day
RTGSYesLarge transfers (₹2 lakh and above), settled one by one in real time
IMPSYesInstant transfers, any time, usually for smaller amounts
UPIYesPayments by UPI ID or mobile number from apps

Reading this IFSC

SBIN is State Bank of India's bank code, the fifth character 0 is kept for future use, and 001048 is the code of the Baloda Bazar branch. In the MICR code 493002151, 493 is the city, 002 the bank and 151 the branch.

Other State Bank of India branches in Baloda Bazar

IFSC and your loan

When you take a loan through Oxon Fintech, the lending partner (a bank or NBFC) pays the money straight into your own bank account, so the application asks for your account number and its IFSC. Check both against your passbook or cheque book: a wrong IFSC can delay the payment. Oxon never asks for your OTP, PIN, CVV or passwords.

Data: the Reserve Bank of India's list of NEFT and RTGS bank branches, as compiled by Razorpay's open-source IFSC dataset. Bank details change from time to time (branches merge, move or close); confirm the IFSC with your bank or on your cheque book before you send money. Oxon Fintech is a loan platform, not a bank, and is not linked to the banks listed.

01 FAQ

Common questions.

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  1. The IFSC of State Bank of India's Baloda Bazar branch (Baloda Bazar, Chhattisgarh) is SBIN0001048.

  2. 493002151. MICR is printed at the bottom of the branch's cheques.

  3. Dist Raipur, Chattisgarh, 493332

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC SBIN0001048 with the beneficiary's account number.

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