State Bank of India — PALSANA Branch

SURAT, GUJARAT

IFSC Code SBIN0011016
MICR Code 395002065

Available Services

IMPS RTGS NEFT UPI

Branch Details

Bank Name State Bank of India
Branch Name PALSANA
IFSC Code SBIN0011016
MICR Code 395002065
SWIFT Code N/A
Address GAYATRI COMLEX,NEAR LUCKY PETROLPUMP,N H NO 8,PALSANASURAT DIST 394315
City SURAT
District PALSANA
State GUJARAT
Contact Number +912622265540

How to Use SBIN0011016 for Money Transfers

The IFSC code SBIN0011016 is specifically assigned to the PALSANA branch of State Bank of India located in SURAT, GUJARAT. This unique code is mandatory for routing electronic payments correctly within India.

NEFT Transfer

Use SBIN0011016 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 SBIN0011016 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 SBIN0011016 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 PALSANA Branch

The PALSANA branch of State Bank of India is situated in SURAT, GUJARAT. The branch address is GAYATRI COMLEX,NEAR LUCKY PETROLPUMP,N H NO 8,PALSANASURAT DIST 394315. This branch supports electronic payment services including NEFT, RTGS, IMPS, and UPI. You can contact this branch at +912622265540. Always use the IFSC code SBIN0011016 when making any online fund transfer to an account held at this branch.

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