This page lists the IFSC code, branch address, contact number and fund-transfer information for State Bank of India, RETAIL ASSETS CENTRAL PROCESSING CELL, MUMBAI branch in MUMBAI. The 11-digit IFSC SBIN0004481 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 RETAIL ASSETS CENTRAL PROCESSING CELL, MUMBAI 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.
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 RETAIL ASSETS CENTRAL PROCESSING CELL, MUMBAI branch, the IFSC SBIN0004481 breaks down as follows: SBIN identifies the bank, 0 is the reserved character, and 004481 identifies this particular branch.
Branch details at a glance
| Bank Name | State Bank of India |
|---|---|
| Branch | Retail Assets Central Processing Cell, Mumbai |
| IFSC Code | SBIN0004481 |
| MICR Code | Refer to cheque leaf |
| Branch Address | FIRST FLOOR,BANDRA KURLA COMPLEX ,MUMBAI ,PIN - 400051 |
| City | Mumbai |
| District | Greater Bombay |
| State | Maharashtra |
About State Bank of India
State Bank of India operates a wide network of branches across India, including the Retail Assets Central Processing Cell, Mumbai branch in Mumbai. 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, SBIN0004481.
About this branch
The branch is located at FIRST FLOOR,BANDRA KURLA COMPLEX ,MUMBAI ,PIN - 400051. It serves the Mumbai 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 SBIN0004481 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 RETAIL ASSETS CENTRAL PROCESSING CELL, MUMBAI of State Bank of India — its own 11-character IFSC. The code SBIN0004481 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 SBIN0004481 the same way you would treat your account number — verify it once and save it carefully for future use.
How to transfer money using IFSC SBIN0004481
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 SBIN0004481 across all three.
NEFT to State Bank of India, RETAIL ASSETS CENTRAL PROCESSING CELL, MUMBAI using IFSC SBIN0004481
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 SBIN0004481, and confirm that the system picks up State Bank of India – RETAIL ASSETS CENTRAL PROCESSING CELL, MUMBAI. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to RETAIL ASSETS CENTRAL PROCESSING CELL, MUMBAI
If you need to transfer ₹2 lakh or more in one go to an account at State Bank of India's RETAIL ASSETS CENTRAL PROCESSING CELL, MUMBAI branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC SBIN0004481 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 – RETAIL ASSETS CENTRAL PROCESSING CELL, MUMBAI, use IMPS. With IFSC SBIN0004481 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.
Comparing NEFT, RTGS and IMPS for transfers to Retail Assets Central Processing Cell, Mumbai
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 SBIN0004481:
- 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 RETAIL ASSETS CENTRAL PROCESSING CELL, MUMBAI is still linked to IFSC SBIN0004481.
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 SBIN0004481
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 – RETAIL ASSETS CENTRAL PROCESSING CELL, MUMBAI is still mapped to IFSC SBIN0004481. 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 SBIN0004481 and the beneficiary's account number to complete the transfer.
Products and account variants supported
Every account opened at the Retail Assets Central Processing Cell, Mumbai branch is mapped to IFSC SBIN0004481 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 SBIN0004481.
Banking services available
The Retail Assets Central Processing Cell, Mumbai branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on the branch contact number.
- 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 SBIN0004481
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 SBIN0004481 and the account number together uniquely identify the Retail Assets Central Processing Cell, Mumbai branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
Digital banking channels
Most day-to-day work that customers used to do at the Retail Assets Central Processing Cell, Mumbai 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 SBIN0004481 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.
Common mistakes to avoid when using IFSC SBIN0004481
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 – RETAIL ASSETS CENTRAL PROCESSING CELL, MUMBAI, 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:
SBIN0004481. - 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.
How to reach the Retail Assets Central Processing Cell, Mumbai branch
The branch is located at FIRST FLOOR,BANDRA KURLA COMPLEX ,MUMBAI ,PIN - 400051, which puts it inside Mumbai, the broader Greater Bombay district, and the state of Maharashtra. To plan your visit:
- Open Google Maps on your phone and search for “State Bank of India Retail Assets Central Processing Cell, Mumbai branch” — the verified location pin for IFSC SBIN0004481 should appear at the top of the results.
- Confirm the branch is open by calling the branch contact number 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 SBIN0004481 and your account number.
Verifying IFSC SBIN0004481 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 SBIN0004481 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on the branch contact number.
- Visiting the bank's official branch locator page.
Working hours
Branch counters at Retail Assets Central Processing Cell, Mumbai 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 SBIN0004481 continue to work without interruption.
Branch address & contact
State Bank of IndiaRetail Assets Central Processing Cell, Mumbai Branch
FIRST FLOOR,BANDRA KURLA COMPLEX ,MUMBAI ,PIN - 400051
Mumbai, Maharashtra
Phone: the branch contact number
IFSC: SBIN0004481
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 Retail Assets Central Processing Cell, Mumbai branch but serve different purposes.
Can I use IFSC SBIN0004481 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC SBIN0004481 to send funds instantly.
How do I add State Bank of India Retail Assets Central Processing Cell, Mumbai as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC SBIN0004481, and complete OTP verification. Once activated, you can transfer funds at any time.
Does State Bank of India Retail Assets Central Processing Cell, Mumbai branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on the branch contact number to confirm.
What is the phone number of State Bank of India Retail Assets Central Processing Cell, Mumbai branch?
You can reach the branch at the branch contact number during regular banking hours.
How quickly will an NEFT transfer using SBIN0004481 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to State Bank of India – Retail Assets Central Processing Cell, Mumbai reflect within 30 minutes.
Is IFSC SBIN0004481 valid for NEFT and RTGS?
Yes. IFSC SBIN0004481 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Is IFSC SBIN0004481 the same for all accounts at Retail Assets Central Processing Cell, Mumbai branch?
Yes. The IFSC SBIN0004481 is shared by every account held at State Bank of India's Retail Assets Central Processing Cell, Mumbai branch. Only the account number changes from customer to customer.
Summary
The IFSC code SBIN0004481 belongs to State Bank of India's RETAIL ASSETS CENTRAL PROCESSING CELL, MUMBAI branch, located at FIRST FLOOR,BANDRA KURLA COMPLEX ,MUMBAI ,PIN - 400051 in MUMBAI, MAHARASHTRA. 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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