State Bank Of India has 6 branches in Shahid Bhagat Singh Nagar (Nawanshahr) like Nri Nawanshahr , Nri Banga , Naura , . Please select a branch from the list below to get the location, contact details, IFSC code, MICR code.

IFSC Codes of State Bank Of India in Shahid Bhagat Singh Nagar (Nawanshahr)

Branch Name Branch Address IFSC Code MICR Code Bank City District State
Nri Nawanshahr Nri Nawanshahr,Railway Road,Nawanshahr,Distnawanshahr144505 SBIN0012325 144002403 State Bank Of India Nawanshahr Shahid Bhagat Singh Nagar (Nawanshahr) Punjab
Nri Banga Nri Branch, Banga, Distt. Shaheed Bhagat Singh Nagar.
Punjab-144505
SBIN0015979 NON-MICR State Bank Of India Banga Shahid Bhagat Singh Nagar (Nawanshahr) Punjab
Naura Dist Nawanshahr Punjab 144508 SBIN0002434 144002341 State Bank Of India Naura Shahid Bhagat Singh Nagar (Nawanshahr) Punjab
Kahma Dist Nawanshahr Punjab 144512 SBIN0002377 144002361 State Bank Of India Kahma Shahid Bhagat Singh Nagar (Nawanshahr) Punjab
Behram Behram,Vpo Behram,Nawanshahr,Distt Nawanshahr 144505 SBIN0012208 144002038 State Bank Of India Behram Shahid Bhagat Singh Nagar (Nawanshahr) Punjab
Banga Nawanshahr,Punjab,Pin 144505 SBIN0001543 144002999 State Bank Of India Banga Shahid Bhagat Singh Nagar (Nawanshahr) Punjab

What is IFSC code of a bank?

Full form of IFSC code is Indian Financial System Code.
When you want to make a payment to an account you would need to mention an IFSC code along with the account number. IFSC code is used to identify a branch of a bank. An account number along with an IFSC code is used uniquely identify an account. This combination can be then used to make online fund transfer through NEFT or RTGS.
On the other hand, NEFT transactions generally take upto 2 hours to settle.

What is the use of MICR code?

MICR stands for Magnetic Ink Character Recognition. It appears on your cheque just after your cheque number. It is used to identify a particular branch of a bank in a city. It is a nine digit number of which first 3 digits stand for city, next 3 for bank and last 3 for branch.
The MICR code is used for clearing the cheques. A machine can read MICR code and quickly identify the exact branch where the account of the cheque issuers is held.

What is the time of Neft?

National Electronic Funds Transfer is used for transferring the funds online. The system is available from 8 in the morning till 7 in the evening and 1 in the afternoon. Any NEFT requests not cleared on a day are rolled over to the next day and cleared on next working day. If you want to transfer funds instantly use RTGS or IMPS instead. You can also use online wallets.