SBIN0050057: State Bank of India, Sadiq
IFSC code SBIN0050057 belongs to the Sadiq branch of State Bank of India in Faridkot, Punjab. Its MICR code is 151002110.
Branch address
State Bank of India
Sadiq
Payment systems
| System | On RBI's list for this branch | What it is for |
|---|---|---|
| NEFT | Yes | Transfers of any amount, settled in half-hourly batches, all day |
| RTGS | Yes | Large transfers (₹2 lakh and above), settled one by one in real time |
| IMPS | Yes | Instant transfers, any time, usually for smaller amounts |
| UPI | Yes | Payments 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 050057 is the code of the Sadiq branch. In the MICR code 151002110, 151 is the city, 002 the bank and 110 the branch.
Other State Bank of India branches in Faridkot
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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.
The IFSC of State Bank of India's Sadiq branch (Faridkot, Punjab) is SBIN0050057.
151002110. MICR is printed at the bottom of the branch's cheques.
Sadiq
RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC SBIN0050057 with the beneficiary's account number.
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