Below are the complete branch details for State Bank of India, MANDI branch, located in MANDI, HIMACHAL PRADESH. The IFSC assigned by the Reserve Bank of India to this branch is SBIN0050604. 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 SBIN0050604 for State Bank of India – MANDI — saves you from rejected transfers, returned credits and the back-and-forth that follows them.
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 MANDI branch, the IFSC SBIN0050604 breaks down as follows: SBIN identifies the bank, 0 is the reserved character, and 050604 identifies this particular branch.
About State Bank of India
State Bank of India operates a wide network of branches across India, including the Mandi branch in Mandi. 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, SBIN0050604.
About the Mandi branch
The Mandi branch of State Bank of India is situated at NEAR BEAS BRIDGE JAWHAR NAGAR HP. 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 SBIN0050604 is used.
Branch details at a glance
| Bank Name | State Bank of India |
|---|---|
| Branch | Mandi |
| IFSC Code | SBIN0050604 |
| MICR Code | Refer to cheque leaf |
| Branch Address | NEAR BEAS BRIDGE JAWHAR NAGAR HP |
| City | Mandi |
| District | Mandi |
| State | Himachal Pradesh |
| Phone | 226107 |
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 MANDI branch came to be assigned the code SBIN0050604.
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 SBIN0050604, money simply cannot be routed to the MANDI branch electronically.
MICR & cheque-truncation details
Cheques drawn on the Mandi branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC SBIN0050604 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 SBIN0050604
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 SBIN0050604 across all three.
NEFT to State Bank of India, MANDI using IFSC SBIN0050604
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 SBIN0050604, and confirm that the system picks up State Bank of India – MANDI. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC SBIN0050604
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 – MANDI, ensure your bank's portal accepts IFSC SBIN0050604 while registering the beneficiary. RTGS is also available 24x7.
IMPS to State Bank of India MANDI (IFSC SBIN0050604)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC SBIN0050604 in your mobile or internet banking app, and the money is credited to the MANDI branch account within seconds.
Comparing NEFT, RTGS and IMPS for transfers to Mandi
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 SBIN0050604:
- 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 MANDI is still linked to IFSC SBIN0050604.
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 SBIN0050604
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 – MANDI is still mapped to IFSC SBIN0050604. 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 SBIN0050604 and the beneficiary's account number to complete the transfer.
Account types you can open at the Mandi branch
Once you have an account at State Bank of India – MANDI, the IFSC SBIN0050604 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 Mandi 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 SBIN0050604
Online banking and IFSC SBIN0050604
State Bank of India customers can register for net banking and the bank's official mobile app once their account at the MANDI 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 SBIN0050604 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 Mandi branch
The branch is located at NEAR BEAS BRIDGE JAWHAR NAGAR HP, which puts it inside Mandi, the broader Mandi district, and the state of Himachal Pradesh. To plan your visit:
- Open Google Maps on your phone and search for “State Bank of India Mandi branch” — the verified location pin for IFSC SBIN0050604 should appear at the top of the results.
- Confirm the branch is open by calling 226107 before stepping out, especially around public holidays.
- 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 SBIN0050604 and your account number.
Common mistakes to avoid when using IFSC SBIN0050604
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 – MANDI, 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:
SBIN0050604. - 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 Mandi 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 SBIN0050604 continue to work without interruption.
Verifying IFSC SBIN0050604 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 SBIN0050604 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 226107.
- Visiting the bank's official branch locator page.
Branch address & contact
State Bank of IndiaMandi Branch
NEAR BEAS BRIDGE JAWHAR NAGAR HP
Mandi, Himachal Pradesh
Phone: 226107
IFSC: SBIN0050604
Frequently asked questions
Is IFSC SBIN0050604 valid for NEFT and RTGS?
Yes. IFSC SBIN0050604 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
What is the phone number of State Bank of India Mandi branch?
You can reach the branch at 226107 during regular banking hours.
How do I add State Bank of India Mandi as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC SBIN0050604, and complete OTP verification. Once activated, you can transfer funds at any time.
Can I use IFSC SBIN0050604 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC SBIN0050604 to send funds instantly.
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 Mandi branch but serve different purposes.
Is IFSC SBIN0050604 the same for all accounts at Mandi branch?
Yes. The IFSC SBIN0050604 is shared by every account held at State Bank of India's Mandi branch. Only the account number changes from customer to customer.
Does State Bank of India Mandi branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 226107 to confirm.
Summary
The IFSC code SBIN0050604 belongs to State Bank of India's MANDI branch, located at NEAR BEAS BRIDGE JAWHAR NAGAR HP in MANDI, HIMACHAL PRADESH. 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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