SBIN0015981
State Bank of India
Branch
MAGAM BUDGAM
City
MAGAM
State
JAMMU AND KASHMIR
Branch Details
IFSC CodeSBIN0015981
BankState Bank of India
BranchMAGAM BUDGAM
AddressHYDERIYA SHOPPING COMPLEX, GULMARG ROAD, MAGAM, DISTT. BUDGAM. JAMMU AND KASHMIR 193401
CityMAGAM
DistrictBUDGAM
StateJAMMU AND KASHMIR
What does SBIN0015981 mean?
SBIN0015981
SBIN — Bank code. Identifies State Bank of India. All branches of State Bank of India share this prefix.
0 — Reserved character. Always zero in every IFSC code in India.
015981 — Branch code. Uniquely identifies the MAGAM BUDGAM branch within State Bank of India.
Transfer Methods
NEFT (not supported)
RTGS (not supported)
IMPS (not supported)
How to use this IFSC code
1
Open your bank's app or net banking
Go to Fund Transfer or Add Beneficiary.
2
Enter the recipient's account number
Double-check every digit — transfers cannot be reversed.
3
Enter IFSC code SBIN0015981
Select State Bank of India and enter SBIN0015981 for the MAGAM BUDGAM branch.
4
Choose transfer method
Use NEFT for transfers up to ₹2 lakh, RTGS for ₹2 lakh and above.
Frequently Asked Questions
- Which bank branch does IFSC code SBIN0015981 belong to?
- IFSC code SBIN0015981 belongs to State Bank of India, MAGAM BUDGAM branch, located at HYDERIYA SHOPPING COMPLEX, GULMARG ROAD, MAGAM, DISTT. BUDGAM. JAMMU AND KASHMIR 193401, MAGAM, JAMMU AND KASHMIR.
- What is the MICR code for SBIN0015981?
- The MICR code is not available for SBIN0015981.
- Does SBIN0015981 support NEFT, RTGS, and IMPS transfers?
- State Bank of India MAGAM BUDGAM (SBIN0015981): NEFT — not supported; RTGS — not supported; IMPS — not supported.
- What does the code SBIN mean in IFSC SBIN0015981?
- The first four characters SBIN identify State Bank of India. The fifth character is always 0. The last six characters 015981 identify the specific branch.
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