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SBIN0061054

STATE BANK OF INDIA

RASMEC RATLAM Branch • Ratlam • Madhya Pradesh

Verified NEFT/RTGS/IMPS

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

IFSC Code
SBIN0061054
Bank Name

STATE BANK OF INDIA

Branch Name

RASMEC RATLAM

City

Ratlam

State

Madhya Pradesh

Branch Address

STATE BANK CAMPUS, MITRA NIWAS ROAD, RATLAM, DISTT. RATLAM. M.P. -457001

Phone Number 9425327358

IFSC Code Breakdown

Bank Code SBIN
Check Digit 0
Branch Code 061054

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).