Use this page as a one-stop reference for everything related to State Bank of India's SME KASHIPUR branch in KASHIPUR, UTTARAKHAND. The branch's IFSC code SBIN0061724 is the key identifier you need whenever a remitter, employer or biller asks for a bank routing number to send funds to an account held at this branch. We have also included the branch's postal address, telephone number, banking hours, common services, and an extensive FAQ block that should answer almost every question that comes up when you are about to add this branch as a beneficiary in your net-banking app for the first time.
IFSC stands for Indian Financial System Code. It is an 11-character code that pinpoints a particular bank branch on the RBI's real-time payment rails. Every NEFT, RTGS or IMPS instruction must carry the destination branch's IFSC for the credit to land in the correct account.
In our case, SBIN0061724 is the IFSC of State Bank of India's SME KASHIPUR branch. The format is fixed: SBIN = bank code, 0 = reserved, 061724 = branch identifier.
About State Bank of India
State Bank of India operates a wide network of branches across India, including the SME Kashipur branch in Kashipur. 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, SBIN0061724.
Branch details at a glance
| Bank Name | State Bank of India |
|---|---|
| Branch | SME Kashipur |
| IFSC Code | SBIN0061724 |
| MICR Code | Refer to cheque leaf |
| Branch Address | OPP. RAMLILA GROUND, RAMNAGAR ROAD, KASHIPUR-244713 |
| City | Kashipur |
| District | Kashipur |
| State | Uttarakhand |
| Phone | 9650594854 |
About the SME Kashipur branch
The SME Kashipur branch of State Bank of India is situated at OPP. RAMLILA GROUND, RAMNAGAR ROAD, KASHIPUR-244713. 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 SBIN0061724 is used.
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 SME KASHIPUR of State Bank of India — its own 11-character IFSC. The code SBIN0061724 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 SBIN0061724 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 SME Kashipur branch is mapped to IFSC SBIN0061724 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 SBIN0061724.
Products and services
Customers walking into the SME Kashipur 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 SBIN0061724
How to transfer money using IFSC SBIN0061724
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 SBIN0061724 across all three.
How to use IFSC SBIN0061724 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to State Bank of India's SME KASHIPUR 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).
- Log in to your internet banking or mobile banking app.
- Choose Add Beneficiary and select NEFT / Other Bank.
- Enter the beneficiary name, account number and the IFSC SBIN0061724.
- Confirm the bank name auto-populates as State Bank of India and the branch as SME KASHIPUR.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
RTGS transfers via IFSC SBIN0061724
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 – SME KASHIPUR, ensure your bank's portal accepts IFSC SBIN0061724 while registering the beneficiary. RTGS is also available 24x7.
IMPS to State Bank of India SME KASHIPUR (IFSC SBIN0061724)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC SBIN0061724 in your mobile or internet banking app, and the money is credited to the SME KASHIPUR branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC SBIN0061724 for State Bank of India – SME KASHIPUR, 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 – SBIN0061724 | Yes – SBIN0061724 | Yes – SBIN0061724 |
For most retail customers crediting the SME Kashipur 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 SBIN0061724
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 – SME KASHIPUR is still mapped to IFSC SBIN0061724. 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 SBIN0061724 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 SME Kashipur 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 SBIN0061724 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 SME Kashipur branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC SBIN0061724 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 SBIN0061724
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 – SME KASHIPUR, 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:
SBIN0061724. - 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 SME Kashipur branch sits at OPP. RAMLILA GROUND, RAMNAGAR ROAD, KASHIPUR-244713. If you are travelling from outside Kashipur, search for the branch on a maps application using the bank name and locality, or call 9650594854 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 SBIN0061724 and your account number.
Verifying IFSC SBIN0061724 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 SBIN0061724 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 9650594854.
- Visiting the bank's official branch locator page.
Working hours
Branch counters at SME Kashipur 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 SBIN0061724 continue to work without interruption.
Branch address & contact
State Bank of IndiaSME Kashipur Branch
OPP. RAMLILA GROUND, RAMNAGAR ROAD, KASHIPUR-244713
Kashipur, Uttarakhand
Phone: 9650594854
IFSC: SBIN0061724
Frequently asked questions
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 SME Kashipur branch but serve different purposes.
How do I add State Bank of India SME Kashipur as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC SBIN0061724, and complete OTP verification. Once activated, you can transfer funds at any time.
Is IFSC SBIN0061724 the same for all accounts at SME Kashipur branch?
Yes. The IFSC SBIN0061724 is shared by every account held at State Bank of India's SME Kashipur branch. Only the account number changes from customer to customer.
What is the phone number of State Bank of India SME Kashipur branch?
You can reach the branch at 9650594854 during regular banking hours.
Does State Bank of India SME Kashipur branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 9650594854 to confirm.
How quickly will an NEFT transfer using SBIN0061724 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to State Bank of India – SME Kashipur reflect within 30 minutes.
Can I use IFSC SBIN0061724 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC SBIN0061724 to send funds instantly.
What is the IFSC code of State Bank of India SME Kashipur branch?
The IFSC code of State Bank of India, SME Kashipur branch is SBIN0061724. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Summary
The IFSC code SBIN0061724 belongs to State Bank of India's SME KASHIPUR branch, located at OPP. RAMLILA GROUND, RAMNAGAR ROAD, KASHIPUR-244713 in KASHIPUR, UTTARAKHAND. 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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