What bank does IFSC SBIN0050988 belong to?

SBIN0050988 belongs to STATE BANK OF INDIA, BAJAKHANA branch.

What is the address of SBIN0050988?

BARNALA ROAD VPOBAJAKHANADIST FARIDKOT, BAJAKHANA, FARIDKOT, PUNJAB

Can I use SBIN0050988 for NEFT, RTGS, and IMPS?

Yes, IFSC codes are used for all electronic fund transfers including NEFT, RTGS, and IMPS.

STATE BANK OF INDIA BAJAKHANA IFSC Code

SBIN0050988

Verified

IFSC Code Breakdown

SBIN

Bank Code

Zero

050988

Branch Code

Note: The 5th character is always the digit zero (0), not the letter O.

Branch Details for SBIN0050988

Bank

STATE BANK OF INDIA

Branch

BAJAKHANA

IFSC Code

SBIN0050988

MICR Code

151002506

Address

BARNALA ROAD VPOBAJAKHANADIST FARIDKOT

City

BAJAKHANA

District

FARIDKOT

State

PUNJAB

Phone

246140

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 BAJAKHANA branch of STATE BANK OF INDIA is located in FARIDKOT, PUNJAB. This branch handles NEFT, RTGS, and IMPS transactions for the BAJAKHANA area. The IFSC code SBIN0050988 is required for all electronic fund transfers to this branch.