IFSC Code of State Bank of India, Bathinda Paras Ram Nagar Branch, Punjab

Below are the complete branch details for State Bank of India, BATHINDA PARAS RAM NAGAR branch, located in BATHINDA, PUNJAB. The IFSC assigned by the Reserve Bank of India to this branch is SBIN0050497. Whether you want to transfer money, add a beneficiary, verify a cheque or simply confirm the branch address, you will find authentic, up-to-date information on this page that has been cross-checked against the bank's branch directory and the RBI's master list of participants in the National Electronic Funds Transfer system.

The IFSC code is one of the most frequently asked-for pieces of information when somebody wants to send you money or set up a recurring credit such as a salary, EMI auto-debit or supplier payment. Knowing exactly which IFSC belongs to your branch — in this case SBIN0050497 for State Bank of India – BATHINDA PARAS RAM NAGAR — saves you from rejected transfers, returned credits and the back-and-forth that follows them.

The Indian Financial System Code, popularly known as IFSC, is an 11-digit alphanumeric code that the RBI assigns to every bank branch participating in online interbank settlement. Without this code, an electronic transfer simply cannot reach its destination branch.

The IFSC for State Bank of India – BATHINDA PARAS RAM NAGAR is SBIN0050497. The first four letters SBIN are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 050497 map to this branch in BATHINDA, PUNJAB.

About State Bank of India

State Bank of India operates a wide network of branches across India, including the Bathinda Paras Ram Nagar branch in Bathinda. 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, SBIN0050497.

Branch details at a glance

Bathinda Paras Ram Nagar branch overview

Located at PARAS RAM NAGAR BATHINDA 151001, the Bathinda Paras Ram Nagar branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC SBIN0050497 is required for all interbank electronic transfers routed through this branch.

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 BATHINDA PARAS RAM NAGAR branch came to be assigned the code SBIN0050497.

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 SBIN0050497, money simply cannot be routed to the BATHINDA PARAS RAM NAGAR branch electronically.

Products and account variants supported

Every account opened at the Bathinda Paras Ram Nagar branch is mapped to IFSC SBIN0050497 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 SBIN0050497.

Products and services

Customers walking into the Bathinda Paras Ram Nagar 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 SBIN0050497

How to transfer money using IFSC SBIN0050497

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 SBIN0050497 across all three.

How to use IFSC SBIN0050497 for an NEFT transfer

NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to State Bank of India's BATHINDA PARAS RAM NAGAR branch. NEFT now settles on a 24x7 basis in half-hourly batches and has no upper limit for retail customers (individual banks may impose their own caps).

1. Log in to your internet banking or mobile banking app.
2. Choose Add Beneficiary and select NEFT / Other Bank.
3. Enter the beneficiary name, account number and the IFSC SBIN0050497.
4. Confirm the bank name auto-populates as State Bank of India and the branch as BATHINDA PARAS RAM NAGAR.
5. Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.

Real-Time Gross Settlement to BATHINDA PARAS RAM NAGAR

If you need to transfer ₹2 lakh or more in one go to an account at State Bank of India's BATHINDA PARAS RAM NAGAR branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC SBIN0050497 while initiating the transfer and the credit will appear within minutes.

IMPS to State Bank of India BATHINDA PARAS RAM NAGAR (IFSC SBIN0050497)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC SBIN0050497 in your mobile or internet banking app, and the money is credited to the BATHINDA PARAS RAM NAGAR branch account within seconds.

Comparing NEFT, RTGS and IMPS for transfers to Bathinda Paras Ram Nagar

The right transfer rail depends on how urgent the payment is, how large it is, and whether the receiving bank participates in the chosen scheme. Every option below works with the IFSC SBIN0050497:

• NEFT — best for everyday transfers of any amount; settles in half-hourly batches around the clock.
• RTGS — best for transfers of ₹2 lakh and above; settles each transaction individually in real time.
• IMPS — best when speed matters more than batch scheduling; instant credit up to ₹5 lakh.
• UPI — best for small peer-to-peer payments using a VPA; the underlying account at BATHINDA PARAS RAM NAGAR is still linked to IFSC SBIN0050497.

For salary credits, vendor payouts and refunds, employers and merchants usually default to NEFT because of its zero per-transaction cost for retail customers and its 24x7 availability.

UPI payments and IFSC SBIN0050497

UPI (Unified Payments Interface) has become the default way for individuals to send money in India. While most UPI transactions are addressed using a Virtual Payment Address (VPA) like name@bank, the underlying account at State Bank of India – BATHINDA PARAS RAM NAGAR is still mapped to IFSC SBIN0050497. When a customer links a savings or current account to a UPI app for the first time, the app silently looks up this IFSC against the account number to verify the account exists. The VPA acts as a friendly alias on top of the same plumbing.

If a UPI transfer to or from this branch fails, the most common reasons are an inactive UPI handle, a daily limit breach or a temporary outage at one of the participating banks — not the IFSC. You can always fall back to NEFT or IMPS using the IFSC SBIN0050497 and the beneficiary's account number to complete the transfer.

Digital banking channels

Most day-to-day work that customers used to do at the Bathinda Paras Ram Nagar branch counter can now be completed digitally — adding a beneficiary, transferring funds, applying for a fixed deposit, raising a service request or downloading account statements. The IFSC SBIN0050497 is the link between the digital channel and the branch ledger; once a transaction is confirmed, the credit or debit is reflected in the same core banking system that the branch officers see.

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 SBIN0050497 and the account number together uniquely identify the Bathinda Paras Ram Nagar branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

Things to verify before sending money

Banking errors are usually small typos that snowball into delayed credits and customer-care follow-ups. Use this short checklist before you confirm any transfer to State Bank of India – BATHINDA PARAS RAM NAGAR:

• The IFSC is exactly SBIN0050497 with no extra spaces.
• The beneficiary's account number matches what they shared, digit for digit.
• The portal auto-fills State Bank of India as the bank name and BATHINDA PARAS RAM NAGAR as the branch.
• The amount and the purpose of payment are correct.
• You have a valid OTP-verifying mobile number on hand.

A 30-second review here saves hours of reconciliation later.

How to reach the Bathinda Paras Ram Nagar branch

The branch is located at PARAS RAM NAGAR BATHINDA 151001, which puts it inside Bathinda, the broader Htn district, and the state of Punjab. To plan your visit:

1. Open Google Maps on your phone and search for “State Bank of India Bathinda Paras Ram Nagar branch” — the verified location pin for IFSC SBIN0050497 should appear at the top of the results.
2. Confirm the branch is open by calling 22280527 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 SBIN0050497 and your account number.

Verifying IFSC SBIN0050497 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 SBIN0050497 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 22280527.
• Visiting the bank's official branch locator page.

Branch banking hours and holidays

Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The Bathinda Paras Ram Nagar branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC SBIN0050497, however, work 24x7.

Branch address & contact

Frequently asked questions

Final notes

To recap: SBIN0050497 is the IFSC code of State Bank of India, BATHINDA PARAS RAM NAGAR branch, in BATHINDA, PUNJAB. It is required for every electronic transfer to an account held at this branch. We keep this page updated with the latest address and contact details, so you can rely on the information here for your day-to-day banking needs.