IFSC Code of State Bank of India, New Delhi Pitampura Branch, Delhi

If you are searching for the IFSC code of State Bank of India, NEW DELHI PITAMPURA branch in DELHI, DELHI, this page has every detail you need. The verified IFSC code for this branch is SBIN0050403. 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 NEW DELHI PITAMPURA branch, and detailed step-by-step guides for using the IFSC SBIN0050403 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 NEW DELHI PITAMPURA branch, the IFSC SBIN0050403 breaks down as follows: SBIN identifies the bank, 0 is the reserved character, and 050403 identifies this particular branch.

Bank profile

State Bank of India is among the recognised banks listed on the Reserve Bank of India's payments network. The New Delhi Pitampura branch — IFSC SBIN0050403 — extends the bank's services to customers in and around Delhi, Delhi.

Branch details at a glance

About the New Delhi Pitampura branch

The New Delhi Pitampura branch of State Bank of India is situated at PITAMPURA NEW DELHI110034. 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 SBIN0050403 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 NEW DELHI PITAMPURA branch came to be assigned the code SBIN0050403.

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 SBIN0050403, money simply cannot be routed to the NEW DELHI PITAMPURA branch electronically.

Products and account variants supported

Every account opened at the New Delhi Pitampura branch is mapped to IFSC SBIN0050403 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 SBIN0050403.

Banking services available

The New Delhi Pitampura branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 7272906.

• Savings, current and salary accounts
• Fixed deposits and recurring deposits
• Personal, vehicle and home loans
• Demat and investment products (where supported)
• Internet banking and mobile banking enrolment
• Debit and credit card issuance
• Locker facilities (subject to availability)
• Foreign exchange services (at authorised branches)
• Bill payments, demand drafts and pay orders
• NEFT / RTGS / IMPS / UPI fund transfers using IFSC SBIN0050403

How to transfer money using IFSC SBIN0050403

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 SBIN0050403 across all three.

NEFT to State Bank of India, NEW DELHI PITAMPURA using IFSC SBIN0050403

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 SBIN0050403, and confirm that the system picks up State Bank of India – NEW DELHI PITAMPURA. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

Real-Time Gross Settlement to NEW DELHI PITAMPURA

If you need to transfer ₹2 lakh or more in one go to an account at State Bank of India's NEW DELHI PITAMPURA branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC SBIN0050403 while initiating the transfer and the credit will appear within minutes.

IMPS to State Bank of India NEW DELHI PITAMPURA (IFSC SBIN0050403)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC SBIN0050403 in your mobile or internet banking app, and the money is credited to the NEW DELHI PITAMPURA branch account within seconds.

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

All three modes accept the IFSC SBIN0050403 for State Bank of India – NEW DELHI PITAMPURA, 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 New Delhi Pitampura 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.

UPI payments and IFSC SBIN0050403

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 – NEW DELHI PITAMPURA is still mapped to IFSC SBIN0050403. 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 SBIN0050403 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 New Delhi Pitampura 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 SBIN0050403 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 & cheque-truncation details

Cheques drawn on the New Delhi Pitampura branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC SBIN0050403 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

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 – NEW DELHI PITAMPURA:

• The IFSC is exactly SBIN0050403 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 NEW DELHI PITAMPURA 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 New Delhi Pitampura branch

The branch is located at PITAMPURA NEW DELHI110034, which puts it inside Delhi, the broader E Eh district, and the state of Delhi. To plan your visit:

1. Open Google Maps on your phone and search for “State Bank of India New Delhi Pitampura branch” — the verified location pin for IFSC SBIN0050403 should appear at the top of the results.
2. Confirm the branch is open by calling 7272906 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 SBIN0050403 and your account number.

Other ways to verify the IFSC code

While this page already lists the verified IFSC SBIN0050403 for State Bank of India – NEW DELHI PITAMPURA, you can cross-check the code from any of these sources before initiating a high-value transfer:

• The front of the cheque book issued by the branch – the IFSC is printed at the top of every leaf.
• The first page of your passbook.
• The bank's official website under the branch locator.
• The Reserve Bank of India's IFSC search portal.
• Net banking dashboards usually display the home-branch IFSC under account details.

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 New Delhi Pitampura branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC SBIN0050403, however, work 24x7.

Branch address & contact

Frequently asked questions

Final notes

To recap: SBIN0050403 is the IFSC code of State Bank of India, NEW DELHI PITAMPURA branch, in DELHI, DELHI. 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.