STATE BANK OF INDIA
RASMEC RATLAM Branch • Ratlam • Madhya Pradesh
How to Use This IFSC Code
NEFT
Up to ₹10 lakh, 2-3 hour settlement
RTGS
₹2 lakh and above, instant settlement
IMPS
24/7 instant transfers up to ₹5 lakh
Bank Branch Details
STATE BANK OF INDIA
RASMEC RATLAM
Ratlam
Madhya Pradesh
STATE BANK CAMPUS, MITRA NIWAS ROAD, RATLAM, DISTT. RATLAM. M.P. -457001
IFSC Code Breakdown
Frequently Asked Questions
What is SBIN0061054 used for?
This IFSC code is used for electronic fund transfers (NEFT, RTGS, IMPS) to STATE BANK OF INDIA RASMEC RATLAM branch.
Is SBIN0061054 valid for online transfers?
Yes, this IFSC code is valid for all types of online transfers including UPI, net banking, and mobile banking.
What are the transfer limits for this branch?
NEFT: up to ₹10 lakh (usually). RTGS: Minimum ₹2 lakh. IMPS: Up to ₹5 lakh per day (standard limit).