State Bank of India, Magam Budgam branch

Budgam, Magam district, Jammu and Kashmir

IFSC code
SBIN0015981
MICR code
191002002
Branch code
015981

Branch details

BankState Bank of India
BranchMagam Budgam
IFSC codeSBIN0015981
MICR code191002002
AddressHYDERIYA SHOPPING COMPLEX, GULMARG ROAD, MAGAM, DISTT. BUDGAM. JAMMU AND KASHMIR 193401 (map)
PIN code193401
CityBudgam
DistrictMagam
StateJammu and Kashmir
PhoneNot available
NEFTYes
RTGSYes
IMPSYes
UPIYes

How to use IFSC SBIN0015981

To send money to an account at the State Bank of India Magam Budgam branch, add the beneficiary in your net banking or banking app with their account number, name and the IFSC code SBIN0015981, then pay by NEFT, RTGS or IMPS.

  • NEFT — any amount, settled in half-hourly batches, available 24×7.
  • RTGS — for ₹2 lakh and above, settled instantly.
  • IMPS — instant transfer up to ₹5 lakh, available 24×7.

In SBIN0015981, SBIN identifies State Bank of India, the 5th character is always 0, and 015981 identifies this branch. The MICR code 191002002 is printed at the bottom of cheques issued by the branch.

Frequently asked questions

What is the IFSC code of State Bank of India Magam Budgam branch?

The IFSC code of State Bank of India, Magam Budgam branch (Magam, Jammu and Kashmir) is SBIN0015981.

What is the MICR code of State Bank of India Magam Budgam?

The MICR code of this branch is 191002002.

Does State Bank of India Magam Budgam support RTGS and IMPS?

RTGS: yes. IMPS: yes. NEFT: yes.