STATE BANK OF INDIA, New Delhi Circle New Delhi Shastri Bhawan, SANGRUR, India
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| BIC Name / Bank name / Institution Name | STATE BANK OF INDIA |
| Bank Code / Institution Code | SBIN |
| Country | INDIA |
| Country Code (ISO 3166) | IN |
| City | SANGRUR |
| City Code | BB The City Code are Institution Specific, different BIC has allotted different City Code for same city. |
| Office Type | New Delhi Circle |
| Branch Code | P24 |
| Swift Code / BIC Code |
SBININBBP24
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| Address | New Delhi Shastri Bhawan |
| Zip Code / Postal Code | 110006 |
| Note: Before Transferring payment to the Bank Branch, confirm from the payment receiver, if the Bank Branch is Active | |
| View Location on Google Map | |
| Whether Financial Institution IBAN Compliant | No, STATE BANK OF INDIA is not IBAN Compliant. |
| Save on International Payment Transfers | |
What is a SWIFT Code / BIC code?
Business Identifier Codes (BIC) has been developed by Society for Worldwide Interbank Financial Telecommunication (SWIFT) to identify banks and financial institutions globally. That is why BIC Codes are also known as SWIFT Codes.SWIFT Codes / BIC Codes are used for transferring money between banks of different countries or SEPA payments. Banks also use these codes for exchanging financial messages.
SWIFT Code / BIC Code is formed of 8 or 11 characters in following system:
- First four characters in the SWIFT Code / BIC Code from left depicts bank code. In the case of STATE BANK OF INDIA the first four characters from left SBIN indicates that it is STATE BANK OF INDIA.
- Characters 5-6 from left in the SWIFT Code / BIC Code, depicts Country code of the bank. In the case of STATE BANK OF INDIA characters 5 and 6 from left IN indicates that bank is in INDIA. It means that all the banks located in INDIA will have IN at 5th and 6th place from left in their Swift Codes / BIC Codes.
- Characters 7-8 from left in the SWIFT Code / BIC Code, depicts City Code of the Bank. In the case of STATE BANK OF INDIA characters 7 and 8 from left BB indicates that bank is in SANGRUR. It means that all the branches of STATE BANK OF INDIA located in SANGRUR will have BB at 7th and 8th place from left in their Swift Codes / BIC Codes.
- Characters 9-11 from left in the SWIFT Code / BIC Code, depicts Branch Code of the Bank.In the case of STATE BANK OF INDIA characters 9 - 11 from left P24 indicates branch code. It means that STATE BANK OF INDIA Branch code: P24 is used for branches located at :New Delhi Shastri Bhawan. If XXX are in 9-11 place then it means that it is the Head Office of Bank / Financial institution.
- Many Banks has taken only one SWIFT Code per country or have one SWIFT Code per city, for processing International Payments of all the Branches of the country / city through SWIFT enabled branch. So, if your Bank Branch is not depicting in the list, contact your Bank Branch for the SWIFT Code transactions.