IFSC Code of State Bank of India, Scl, Sec - Seventy Two Mohali Branch, Punjab

If you are searching for the IFSC code of State Bank of India, SCL, SEC - SEVENTY TWO MOHALI branch in MOHALI, PUNJAB, this page has every detail you need. The verified IFSC code for this branch is SBIN0061229. 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 SCL, SEC - SEVENTY TWO MOHALI branch, and detailed step-by-step guides for using the IFSC SBIN0061229 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 SCL, SEC - SEVENTY TWO MOHALI branch, the IFSC SBIN0061229 breaks down as follows: SBIN identifies the bank, 0 is the reserved character, and 061229 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 Scl, Sec - Seventy Two Mohali branch — IFSC SBIN0061229 — extends the bank's services to customers in and around Mohali, Punjab.

About this branch

The branch is located at SEMI CONDUCTOR LABORATORY SECTOR 72 MOHALI, DISTT.SAS NAGAR, PUNJAB - 160071. It serves the Mohali 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 SBIN0061229 is used to identify this branch on the RBI payments network.

Branch details at a glance

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 SCL, SEC - SEVENTY TWO MOHALI branch came to be assigned the code SBIN0061229.

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 SBIN0061229, money simply cannot be routed to the SCL, SEC - SEVENTY TWO MOHALI branch electronically.

MICR code & cheque clearing

Apart from IFSC, every cheque book issued by State Bank of India carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC SBIN0061229 and the account number together uniquely identify the Scl, Sec - Seventy Two Mohali branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

How to transfer money using IFSC SBIN0061229

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 SBIN0061229 across all three.

NEFT to State Bank of India, SCL, SEC - SEVENTY TWO MOHALI using IFSC SBIN0061229

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 SBIN0061229, and confirm that the system picks up State Bank of India – SCL, SEC - SEVENTY TWO MOHALI. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

Real-Time Gross Settlement to SCL, SEC - SEVENTY TWO MOHALI

If you need to transfer ₹2 lakh or more in one go to an account at State Bank of India's SCL, SEC - SEVENTY TWO MOHALI branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC SBIN0061229 while initiating the transfer and the credit will appear within minutes.

Send money instantly through IMPS

For a real-time, anytime transfer to State Bank of India – SCL, SEC - SEVENTY TWO MOHALI, use IMPS. With IFSC SBIN0061229 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.

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

All three modes accept the IFSC SBIN0061229 for State Bank of India – SCL, SEC - SEVENTY TWO MOHALI, 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 Scl, Sec - Seventy Two Mohali 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 SCL, SEC - SEVENTY TWO MOHALI branch, the IFSC SBIN0061229 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.

Products and account variants supported

Every account opened at the Scl, Sec - Seventy Two Mohali branch is mapped to IFSC SBIN0061229 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 SBIN0061229.

Banking services available

The Scl, Sec - Seventy Two Mohali branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 8194821199.

• 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 SBIN0061229

Digital banking channels

Most day-to-day work that customers used to do at the Scl, Sec - Seventy Two Mohali 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 SBIN0061229 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.

How to reach the Scl, Sec - Seventy Two Mohali branch

The branch is located at SEMI CONDUCTOR LABORATORY SECTOR 72 MOHALI, DISTT.SAS NAGAR, PUNJAB - 160071, which puts it inside Mohali, the broader Sas Nagar district, and the state of Punjab. To plan your visit:

1. Open Google Maps on your phone and search for “State Bank of India Scl, Sec - Seventy Two Mohali branch” — the verified location pin for IFSC SBIN0061229 should appear at the top of the results.
2. Confirm the branch is open by calling 8194821199 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 SBIN0061229 and your account number.

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 – SCL, SEC - SEVENTY TWO MOHALI:

• The IFSC is exactly SBIN0061229 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 SCL, SEC - SEVENTY TWO MOHALI 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.

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 Scl, Sec - Seventy Two Mohali branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC SBIN0061229, however, work 24x7.

Other ways to verify the IFSC code

While this page already lists the verified IFSC SBIN0061229 for State Bank of India – SCL, SEC - SEVENTY TWO MOHALI, 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 address & contact

Frequently asked questions

Final notes

To recap: SBIN0061229 is the IFSC code of State Bank of India, SCL, SEC - SEVENTY TWO MOHALI branch, in MOHALI, PUNJAB. 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.