IFSC Code of State Bank of India, Retail Asset Credit Centre-Ballari Branch, Karnataka

If you are searching for the IFSC code of State Bank of India, RETAIL ASSET CREDIT CENTRE-BALLARI branch in BALLARI, KARNATAKA, this page has every detail you need. The verified IFSC code for this branch is SBIN0063041. You can use it for NEFT, RTGS and IMPS fund transfers, online banking add-payee actions, UPI mandates and any other electronic payment request that asks for an Indian Financial System Code. The information on this page is curated specifically for customers, remitters, employers and businesses who need to credit funds to an account maintained at this branch, and it is structured so you can find what you need within a few seconds of landing here.

You will see the complete branch address, the area STD code and phone number, the city and state, the day-to-day banking services that are typically offered at the RETAIL ASSET CREDIT CENTRE-BALLARI branch, and detailed step-by-step guides for using the IFSC SBIN0063041 across NEFT, RTGS and IMPS rails. A frequently-asked-questions section at the end answers the most common queries we receive about this particular branch.

An IFSC (Indian Financial System Code) is an 11-character alphanumeric code issued by the Reserve Bank of India. It uniquely identifies every bank branch that participates in the RBI's electronic fund-transfer systems – NEFT, RTGS and IMPS. The first four characters represent the bank, the fifth is always a zero (reserved for future use), and the last six characters identify the specific branch.

For State Bank of India's RETAIL ASSET CREDIT CENTRE-BALLARI branch, the IFSC SBIN0063041 breaks down as follows: SBIN identifies the bank, 0 is the reserved character, and 063041 identifies this particular branch.

Branch details at a glance

About State Bank of India

State Bank of India operates a wide network of branches across India, including the Retail Asset Credit Centre-Ballari branch in Ballari. Each branch is enabled for NEFT, RTGS, IMPS and core banking, allowing customers to send and receive money anywhere in the country using a unique IFSC – in this case, SBIN0063041.

About the Retail Asset Credit Centre-Ballari branch

The Retail Asset Credit Centre-Ballari branch of State Bank of India is situated at IST FLOOR, SBI RBO BUILDING, STATION ROAD, BALLARI-583101. Customers visiting this branch can complete cash deposits, withdrawals, demand draft requests, cheque clearing, passbook updates and KYC formalities. For online transactions to or from this branch, the IFSC code SBIN0063041 is used.

The role of IFSC in India's payments network

India's electronic payment infrastructure — NEFT, RTGS, IMPS, UPI and the National Automated Clearing House (NACH) — is built on a single principle: every participating bank branch must be uniquely identifiable by an alphanumeric code. The Reserve Bank of India introduced the IFSC system to fulfil this requirement, and that is how State Bank of India's RETAIL ASSET CREDIT CENTRE-BALLARI branch came to be assigned the code SBIN0063041.

Whether you are receiving a salary on the first of the month, paying a vendor invoice, settling an EMI, or accepting a refund from an e-commerce platform, the IFSC is the silent piece of metadata that tells the network where your account lives. Without IFSC SBIN0063041, money simply cannot be routed to the RETAIL ASSET CREDIT CENTRE-BALLARI branch electronically.

How to transfer money using IFSC SBIN0063041

Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC SBIN0063041 across all three.

NEFT to State Bank of India, RETAIL ASSET CREDIT CENTRE-BALLARI using IFSC SBIN0063041

National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.

To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC SBIN0063041, and confirm that the system picks up State Bank of India – RETAIL ASSET CREDIT CENTRE-BALLARI. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

Real-Time Gross Settlement to RETAIL ASSET CREDIT CENTRE-BALLARI

If you need to transfer ₹2 lakh or more in one go to an account at State Bank of India's RETAIL ASSET CREDIT CENTRE-BALLARI branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC SBIN0063041 while initiating the transfer and the credit will appear within minutes.

Send money instantly through IMPS

For a real-time, anytime transfer to State Bank of India – RETAIL ASSET CREDIT CENTRE-BALLARI, use IMPS. With IFSC SBIN0063041 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.

NEFT vs RTGS vs IMPS — which one should you use?

All three modes accept the IFSC SBIN0063041 for State Bank of India – RETAIL ASSET CREDIT CENTRE-BALLARI, but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.

For most retail customers crediting the Retail Asset Credit Centre-Ballari branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.

How UPI relates to the IFSC code

UPI lets you pay using a short Virtual Payment Address instead of typing the IFSC every time, but behind the scenes every UPI mandate is mapped to an account number plus an IFSC. For accounts at State Bank of India's RETAIL ASSET CREDIT CENTRE-BALLARI branch, the IFSC SBIN0063041 is what the National Payments Corporation of India (NPCI) uses to route the credit when you tap Pay on a UPI app.

That is why, even in the UPI era, it is still worth knowing the IFSC of your home branch — for failed UPI mandates, e-mandate set-ups, third-party platform onboarding and salary or refund credits.

Products and account variants supported

Every account opened at the Retail Asset Credit Centre-Ballari branch is mapped to IFSC SBIN0063041 on the RBI payments network. The branch generally supports the full retail product catalogue of State Bank of India, including:

• Resident savings accounts and salary accounts
• Current accounts for businesses and professionals
• Fixed deposits, recurring deposits and tax-saver deposits
• Demand drafts, banker's cheques and pay orders
• Retail loans — personal, vehicle, education, gold and home
• Credit cards and overdraft facilities (subject to eligibility)
• Third-party investment products such as mutual funds and insurance (through tie-ups)

Whichever product you choose, the IFSC for incoming credits remains SBIN0063041.

Products and services

Customers walking into the Retail Asset Credit Centre-Ballari branch can access most of State Bank of India's standard product suite, including:

• Account opening – savings, current, NRI, salary
• Term deposits and recurring deposits
• Retail and small-business loans
• Insurance and mutual-fund tie-ups
• Locker, safe deposit and ATM card services
• Online and mobile banking activation
• Electronic transfers via IFSC SBIN0063041

MICR code & cheque clearing

Apart from IFSC, every cheque book issued by State Bank of India carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC SBIN0063041 and the account number together uniquely identify the Retail Asset Credit Centre-Ballari branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

Online banking and IFSC SBIN0063041

State Bank of India customers can register for net banking and the bank's official mobile app once their account at the RETAIL ASSET CREDIT CENTRE-BALLARI branch is active. Net banking lets you view balances, download statements, open fixed deposits, request cheque books and initiate NEFT/RTGS/IMPS transfers — all without setting foot in the branch. The IFSC SBIN0063041 is pre-filled by the bank for transfers originating from your own account, and you only need to enter it manually when adding an external beneficiary or sharing your account details with a third party.

Common mistakes to avoid when using IFSC SBIN0063041

An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to State Bank of India – RETAIL ASSET CREDIT CENTRE-BALLARI, double-check for these issues:

• Confusing 0 with O. The fifth character of every IFSC is the digit 0, not the letter O. Read carefully.
• Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters: SBIN0063041.
• Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
• Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
• Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.

How to reach the Retail Asset Credit Centre-Ballari branch

The branch is located at IST FLOOR, SBI RBO BUILDING, STATION ROAD, BALLARI-583101, which puts it inside Ballari, the broader Ballari district, and the state of Karnataka. To plan your visit:

1. Open Google Maps on your phone and search for “State Bank of India Retail Asset Credit Centre-Ballari branch” — the verified location pin for IFSC SBIN0063041 should appear at the top of the results.
2. Confirm the branch is open by calling the branch contact number before stepping out, especially around public holidays.
3. Carry photo ID and any account-related documents you may need for the transaction you plan to do.

Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC SBIN0063041 and your account number.

Verifying IFSC SBIN0063041 from official sources

The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm SBIN0063041 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on the branch contact number.
• Visiting the bank's official branch locator page.

Working hours

Branch counters at Retail Asset Credit Centre-Ballari are usually open from 10 AM to 4 PM on weekdays. Saturdays follow the RBI's alternate-Saturday rule. Even when the branch is closed, NEFT, RTGS, IMPS and UPI transfers addressed to SBIN0063041 continue to work without interruption.

Branch address & contact

Frequently asked questions

Summary

The IFSC code SBIN0063041 belongs to State Bank of India's RETAIL ASSET CREDIT CENTRE-BALLARI branch, located at IST FLOOR, SBI RBO BUILDING, STATION ROAD, BALLARI-583101 in BALLARI, KARNATAKA. Use this code along with the beneficiary's account number for any NEFT, RTGS or IMPS transfer to this branch. Bookmark this page for quick reference whenever you need the branch's banking details.