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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.

Other State Bank of India branches

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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