IFSC Code of State Bank of India, Bus Stand Road, Mohindergarh Branch, Haryana

This page lists the IFSC code, branch address, contact number and fund-transfer information for State Bank of India, BUS STAND ROAD, MOHINDERGARH branch in MOHINDERGARH. The 11-digit IFSC SBIN0016247 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 BUS STAND ROAD, MOHINDERGARH 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 – BUS STAND ROAD, MOHINDERGARH is SBIN0016247. The first four letters SBIN are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 016247 map to this branch in MOHINDERGARH, HARYANA.

About the bank

State Bank of India serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Bus Stand Road, Mohindergarh branch in Mohindergarh, Haryana is part of this network and uses the IFSC code SBIN0016247 for all electronic settlement.

Branch details at a glance

About the Bus Stand Road, Mohindergarh branch

The Bus Stand Road, Mohindergarh branch of State Bank of India is situated at M M PLAZA, NEAR RAO TULA, RAM CHOWK, MOHINDERGARH, DISTT. MOHINDERGARH. HARYANA123029. 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 SBIN0016247 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 BUS STAND ROAD, MOHINDERGARH of State Bank of India — its own 11-character IFSC. The code SBIN0016247 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 SBIN0016247 the same way you would treat your account number — verify it once and save it carefully for future use.

Account types you can open at the Bus Stand Road, Mohindergarh branch

Once you have an account at State Bank of India – BUS STAND ROAD, MOHINDERGARH, the IFSC SBIN0016247 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 Bus Stand Road, Mohindergarh 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 SBIN0016247

How to transfer money using IFSC SBIN0016247

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 SBIN0016247 across all three.

NEFT to State Bank of India, BUS STAND ROAD, MOHINDERGARH using IFSC SBIN0016247

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 SBIN0016247, and confirm that the system picks up State Bank of India – BUS STAND ROAD, MOHINDERGARH. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

RTGS transfers via IFSC SBIN0016247

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 – BUS STAND ROAD, MOHINDERGARH, ensure your bank's portal accepts IFSC SBIN0016247 while registering the beneficiary. RTGS is also available 24x7.

Send money instantly through IMPS

For a real-time, anytime transfer to State Bank of India – BUS STAND ROAD, MOHINDERGARH, use IMPS. With IFSC SBIN0016247 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 SBIN0016247 for State Bank of India – BUS STAND ROAD, MOHINDERGARH, 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 Bus Stand Road, Mohindergarh 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 BUS STAND ROAD, MOHINDERGARH branch, the IFSC SBIN0016247 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 SBIN0016247

State Bank of India customers can register for net banking and the bank's official mobile app once their account at the BUS STAND ROAD, MOHINDERGARH 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 SBIN0016247 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 Bus Stand Road, Mohindergarh branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC SBIN0016247 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 – BUS STAND ROAD, MOHINDERGARH:

• The IFSC is exactly SBIN0016247 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 BUS STAND ROAD, MOHINDERGARH 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 Bus Stand Road, Mohindergarh branch

The branch is located at M M PLAZA, NEAR RAO TULA, RAM CHOWK, MOHINDERGARH, DISTT. MOHINDERGARH. HARYANA123029, which puts it inside Mohindergarh, the broader Mohindergarh district, and the state of Haryana. To plan your visit:

1. Open Google Maps on your phone and search for “State Bank of India Bus Stand Road, Mohindergarh branch” — the verified location pin for IFSC SBIN0016247 should appear at the top of the results.
2. Confirm the branch is open by calling the branch contact number 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 SBIN0016247 and your account number.

Other ways to verify the IFSC code

While this page already lists the verified IFSC SBIN0016247 for State Bank of India – BUS STAND ROAD, MOHINDERGARH, 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.

Working hours

Branch counters at Bus Stand Road, Mohindergarh 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 SBIN0016247 continue to work without interruption.

Branch address & contact

Frequently asked questions

Final notes

To recap: SBIN0016247 is the IFSC code of State Bank of India, BUS STAND ROAD, MOHINDERGARH branch, in MOHINDERGARH, HARYANA. 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.