IFSC Code of State Bank of India, Bhavnagar, Nilambaug Chowk Branch, Gujarat

This page lists the IFSC code, branch address, contact number and fund-transfer information for State Bank of India, BHAVNAGAR, NILAMBAUG CHOWK branch in BHAVNAGAR. The 11-digit IFSC SBIN0060318 uniquely identifies this branch in the RBI's centralised payments network and is required for every NEFT, RTGS or IMPS transaction routed to this branch. If you are paying somebody who banks with State Bank of India at the BHAVNAGAR, NILAMBAUG CHOWK location, this is the only IFSC you need.

We have organised this page into clearly labelled sections so you can jump straight to the part that interests you — the IFSC and MICR details, the full postal address, the contact phone number, a quick primer on NEFT, RTGS and IMPS, the typical product line-up at the branch, and a frequently asked questions section that addresses the queries people raise most often about this branch.

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 – BHAVNAGAR, NILAMBAUG CHOWK is SBIN0060318. The first four letters SBIN are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 060318 map to this branch in BHAVNAGAR, GUJARAT.

Bank profile

State Bank of India is among the recognised banks listed on the Reserve Bank of India's payments network. The Bhavnagar, Nilambaug Chowk branch — IFSC SBIN0060318 — extends the bank's services to customers in and around Bhavnagar, Gujarat.

About this branch

The branch is located at 1 SHRI LVSENJALIA,ASST GENERAL MANAGER 2 SHRI AVTRIVEDI CHIEF MANAGER. It serves the Bhavnagar region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of State Bank of India. The IFSC SBIN0060318 is used to identify this branch on the RBI payments network.

Branch details at a glance

Why every State Bank of India branch has a unique IFSC

Before electronic settlement systems went live in India, money transfers between banks relied heavily on demand drafts, mail transfers and telegraphic transfers. These older instruments routinely took days to clear and were prone to misrouting because there was no single machine-readable identifier for a branch. The Reserve Bank of India solved this by issuing each participating branch — including BHAVNAGAR, NILAMBAUG CHOWK of State Bank of India — its own 11-character IFSC. The code SBIN0060318 is therefore not just an internal reference; it is the digital postcode that lets the RBI's NEFT, RTGS and IMPS rails route funds straight to the right branch ledger without any human intervention.

Today, almost every salary credit, vendor payment, refund and EMI deduction in the country flows through this network, which is exactly why a correct IFSC matters so much. A wrong character can either bounce the transfer or send it to the wrong branch, and reversing such a credit is a manual, time-consuming process. Treat IFSC SBIN0060318 the same way you would treat your account number — verify it once and save it carefully for future use.

MICR & cheque-truncation details

Cheques drawn on the Bhavnagar, Nilambaug Chowk branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC SBIN0060318 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

How to transfer money using IFSC SBIN0060318

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 SBIN0060318 across all three.

NEFT to State Bank of India, BHAVNAGAR, NILAMBAUG CHOWK using IFSC SBIN0060318

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 SBIN0060318, and confirm that the system picks up State Bank of India – BHAVNAGAR, NILAMBAUG CHOWK. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

Real-Time Gross Settlement to BHAVNAGAR, NILAMBAUG CHOWK

If you need to transfer ₹2 lakh or more in one go to an account at State Bank of India's BHAVNAGAR, NILAMBAUG CHOWK branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC SBIN0060318 while initiating the transfer and the credit will appear within minutes.

IMPS to State Bank of India BHAVNAGAR, NILAMBAUG CHOWK (IFSC SBIN0060318)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC SBIN0060318 in your mobile or internet banking app, and the money is credited to the BHAVNAGAR, NILAMBAUG CHOWK branch account within seconds.

Comparing NEFT, RTGS and IMPS for transfers to Bhavnagar, Nilambaug Chowk

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 SBIN0060318:

• 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 BHAVNAGAR, NILAMBAUG CHOWK is still linked to IFSC SBIN0060318.

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 SBIN0060318

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 – BHAVNAGAR, NILAMBAUG CHOWK is still mapped to IFSC SBIN0060318. 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 SBIN0060318 and the beneficiary's account number to complete the transfer.

Account types you can open at the Bhavnagar, Nilambaug Chowk branch

Once you have an account at State Bank of India – BHAVNAGAR, NILAMBAUG CHOWK, the IFSC SBIN0060318 stays the same regardless of the type of account you hold. The branch typically supports the following options:

• Savings account — for individuals, with chequebook, ATM card and net-banking access.
• Current account — for sole proprietors, partnerships and companies that need higher transaction volumes.
• Salary account — opened in bulk for corporate employees, often with zero-balance benefits.
• NRE / NRO accounts — for non-resident Indians who want to repatriate or maintain rupee balances in India.
• Fixed deposit and recurring deposit — term-based investment accounts with quarterly or cumulative interest.
• Senior citizen accounts — concessional minimum balance and a small interest rate premium on FDs.
• Minor and student accounts — operated jointly with a guardian until the customer turns 18.

Eligibility, minimum balance and KYC requirements vary by product. Speak to a relationship officer at the branch for the latest schedule of charges and interest rates.

Products and services

Customers walking into the Bhavnagar, Nilambaug Chowk 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 SBIN0060318

Online banking and IFSC SBIN0060318

State Bank of India customers can register for net banking and the bank's official mobile app once their account at the BHAVNAGAR, NILAMBAUG CHOWK 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 SBIN0060318 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.

How to reach the Bhavnagar, Nilambaug Chowk branch

The branch is located at 1 SHRI LVSENJALIA,ASST GENERAL MANAGER 2 SHRI AVTRIVEDI CHIEF MANAGER, which puts it inside Bhavnagar, the broader Bhavnagar district, and the state of Gujarat. To plan your visit:

1. Open Google Maps on your phone and search for “State Bank of India Bhavnagar, Nilambaug Chowk branch” — the verified location pin for IFSC SBIN0060318 should appear at the top of the results.
2. Confirm the branch is open by calling 278-2439562 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 SBIN0060318 and your account number.

Common mistakes to avoid when using IFSC SBIN0060318

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 – BHAVNAGAR, NILAMBAUG CHOWK, 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: SBIN0060318.
• 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.

Working hours

Branch counters at Bhavnagar, Nilambaug Chowk 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 SBIN0060318 continue to work without interruption.

Verifying IFSC SBIN0060318 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 SBIN0060318 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 278-2439562.
• Visiting the bank's official branch locator page.

Branch address & contact

Frequently asked questions

Summary

The IFSC code SBIN0060318 belongs to State Bank of India's BHAVNAGAR, NILAMBAUG CHOWK branch, located at 1 SHRI LVSENJALIA,ASST GENERAL MANAGER 2 SHRI AVTRIVEDI CHIEF MANAGER in BHAVNAGAR, GUJARAT. 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.