This page lists the IFSC code, branch address, contact number and fund-transfer information for State Bank of India, BISON SHOPPING ARCADE branch in HYDERABAD. The 11-digit IFSC SBIN0061779 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 BISON SHOPPING ARCADE 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 – BISON SHOPPING ARCADE is SBIN0061779. The first four letters SBIN are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 061779 map to this branch in HYDERABAD, TELANGANA.
About State Bank of India
State Bank of India operates a wide network of branches across India, including the Bison Shopping Arcade branch in Hyderabad. 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, SBIN0061779.
Branch details at a glance
| Bank Name | State Bank of India |
|---|---|
| Branch | Bison Shopping Arcade |
| IFSC Code | SBIN0061779 |
| MICR Code | Refer to cheque leaf |
| Branch Address | BISON SHOPPING ARCADE, BOLARUM, ALWAL MANDAL, SECUNDERABAD 500 015 |
| City | Hyderabad |
| District | Hyderabad |
| State | Telangana |
| Phone | 9581618866 |
About this branch
The branch is located at BISON SHOPPING ARCADE, BOLARUM, ALWAL MANDAL, SECUNDERABAD 500 015. It serves the Hyderabad 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 SBIN0061779 is used to identify this branch on the RBI payments network.
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 BISON SHOPPING ARCADE of State Bank of India — its own 11-character IFSC. The code SBIN0061779 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 SBIN0061779 the same way you would treat your account number — verify it once and save it carefully for future use.
Products and account variants supported
Every account opened at the Bison Shopping Arcade branch is mapped to IFSC SBIN0061779 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 SBIN0061779.
Products and services
Customers walking into the Bison Shopping Arcade 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 SBIN0061779
How to transfer money using IFSC SBIN0061779
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 SBIN0061779 across all three.
NEFT to State Bank of India, BISON SHOPPING ARCADE using IFSC SBIN0061779
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 SBIN0061779, and confirm that the system picks up State Bank of India – BISON SHOPPING ARCADE. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC SBIN0061779
RTGS (Real-Time Gross Settlement) is the fastest high-value transfer mechanism in India. It is meant for transfers of ₹2 lakh and above and settles each transaction individually and instantly. To remit through RTGS to State Bank of India – BISON SHOPPING ARCADE, ensure your bank's portal accepts IFSC SBIN0061779 while registering the beneficiary. RTGS is also available 24x7.
IMPS to State Bank of India BISON SHOPPING ARCADE (IFSC SBIN0061779)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC SBIN0061779 in your mobile or internet banking app, and the money is credited to the BISON SHOPPING ARCADE branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC SBIN0061779 for State Bank of India – BISON SHOPPING ARCADE, 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.
| Parameter | NEFT | RTGS | IMPS |
|---|---|---|---|
| Minimum amount | ₹1 | ₹2,00,000 | ₹1 |
| Maximum amount | No RBI cap | No RBI cap | ₹5,00,000 |
| Settlement | Half-hourly batches | Real-time | Real-time |
| Availability | 24x7 | 24x7 | 24x7 |
| Best for | Routine transfers | High-value transfers | Urgent small / mid transfers |
| IFSC required | Yes – SBIN0061779 | Yes – SBIN0061779 | Yes – SBIN0061779 |
For most retail customers crediting the Bison Shopping Arcade 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 BISON SHOPPING ARCADE branch, the IFSC SBIN0061779 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.
Online banking and IFSC SBIN0061779
State Bank of India customers can register for net banking and the bank's official mobile app once their account at the BISON SHOPPING ARCADE 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 SBIN0061779 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.
MICR & cheque-truncation details
Cheques drawn on the Bison Shopping Arcade branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC SBIN0061779 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Common mistakes to avoid when using IFSC SBIN0061779
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 – BISON SHOPPING ARCADE, 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:
SBIN0061779. - 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.
Reaching the branch
The Bison Shopping Arcade branch sits at BISON SHOPPING ARCADE, BOLARUM, ALWAL MANDAL, SECUNDERABAD 500 015. If you are travelling from outside Hyderabad, search for the branch on a maps application using the bank name and locality, or call 9581618866 to ask for landmarks. Many customers find it easier to skip the trip altogether: net banking, mobile apps, NEFT, RTGS, IMPS and UPI all work using the IFSC SBIN0061779 and your account number.
Verifying IFSC SBIN0061779 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 SBIN0061779 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 9581618866.
- Visiting the bank's official branch locator page.
Working hours
Branch counters at Bison Shopping Arcade 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 SBIN0061779 continue to work without interruption.
Branch address & contact
State Bank of IndiaBison Shopping Arcade Branch
BISON SHOPPING ARCADE, BOLARUM, ALWAL MANDAL, SECUNDERABAD 500 015
Hyderabad, Telangana
Phone: 9581618866
IFSC: SBIN0061779
Frequently asked questions
What is the phone number of State Bank of India Bison Shopping Arcade branch?
You can reach the branch at 9581618866 during regular banking hours.
Where is State Bank of India Bison Shopping Arcade branch located?
State Bank of India's Bison Shopping Arcade branch is located at BISON SHOPPING ARCADE, BOLARUM, ALWAL MANDAL, SECUNDERABAD 500 015, Hyderabad, Telangana.
Is IFSC SBIN0061779 valid for NEFT and RTGS?
Yes. IFSC SBIN0061779 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Does State Bank of India Bison Shopping Arcade branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 9581618866 to confirm.
What is the difference between IFSC and MICR code?
IFSC is an 11-character alphanumeric code used for online transfers, while MICR is a 9-digit numeric code printed on cheques and used by cheque-clearing machines. Both identify the Bison Shopping Arcade branch but serve different purposes.
Is IFSC SBIN0061779 the same for all accounts at Bison Shopping Arcade branch?
Yes. The IFSC SBIN0061779 is shared by every account held at State Bank of India's Bison Shopping Arcade branch. Only the account number changes from customer to customer.
How do I add State Bank of India Bison Shopping Arcade as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC SBIN0061779, and complete OTP verification. Once activated, you can transfer funds at any time.
Summary
The IFSC code SBIN0061779 belongs to State Bank of India's BISON SHOPPING ARCADE branch, located at BISON SHOPPING ARCADE, BOLARUM, ALWAL MANDAL, SECUNDERABAD 500 015 in HYDERABAD, TELANGANA. 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.
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