State Bank of India — DR AMBEDKAR NAGAR Branch

NEW DELHI, DELHI

IFSC Code SBIN0001542
MICR Code 110002069

Available Services

IMPS RTGS NEFT UPI

Branch Details

Bank Name State Bank of India
Branch Name DR AMBEDKAR NAGAR
IFSC Code SBIN0001542
MICR Code 110002069
SWIFT Code N/A
Address AMBEDKAR NAGAR SEC-III, MADANGIRI, NEW DELHI, PIN 110062
City NEW DELHI
District NEW DELHI
State DELHI
Contact Number Not Available

How to Use SBIN0001542 for Money Transfers

The IFSC code SBIN0001542 is specifically assigned to the DR AMBEDKAR NAGAR branch of State Bank of India located in NEW DELHI, DELHI. This unique code is mandatory for routing electronic payments correctly within India.

NEFT Transfer

Use SBIN0001542 when adding this branch as a beneficiary in NEFT transactions. NEFT operates in half-hourly batches from 12:30 AM to 12:00 AM on all days. Enter the IFSC, account number, and account holder name carefully to ensure successful transfer.

RTGS Transfer

For high-value transactions above ₹2 lakh, RTGS offers real-time gross settlement. Use SBIN0001542 along with the beneficiary's exact account number. RTGS is available on working days from 7:00 AM to 6:00 PM.

IMPS & UPI

IMPS and UPI allow instant 24×7 transfers. While UPI apps often auto-resolve the IFSC from the VPA, mobile banking apps require SBIN0001542 when registering a new beneficiary.

Always double-check the account number before confirming any transfer — the IFSC routes funds to the correct branch, but the account number specifies the exact recipient.

⚠ Important Reminder Always verify the beneficiary account number and name before initiating a transfer. An incorrect account number may result in failed or misdirected transactions.

About State Bank of India DR AMBEDKAR NAGAR Branch

The DR AMBEDKAR NAGAR branch of State Bank of India is situated in NEW DELHI, DELHI. The branch address is AMBEDKAR NAGAR SEC-III, MADANGIRI, NEW DELHI, PIN 110062. This branch supports electronic payment services including NEFT, RTGS, IMPS, and UPI. Always use the IFSC code SBIN0001542 when making any online fund transfer to an account held at this branch.

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