STATE BANK OF INDIA MAGAM BUDGAM IFSC Code
SBIN0015981
Verified
IFSC Code Breakdown
SBIN
Bank Code
0
Zero
015981
Branch Code
Note: The 5th character is always the digit zero (0), not the letter O.
Branch Details for SBIN0015981
How to Use This IFSC
NEFT: Use this IFSC for National Electronic Funds Transfer. Available 24x7.
RTGS: Use for Real Time Gross Settlement for amounts ≥₹2 lakh.
IMPS: For Immediate Payment Service, available 24x7 for instant transfers.
Last Updated: Feb 2026
About this Branch
The MAGAM BUDGAM branch of STATE BANK OF INDIA is located in BUDGAM, JAMMU AND KASHMIR. This branch handles NEFT, RTGS, and IMPS transactions for the MAGAM area. The IFSC code SBIN0015981 is required for all electronic fund transfers to this branch.
Frequently Asked Questions
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