Use this page as a one-stop reference for everything related to State Bank of India's B.K.DATTA MARKET,RAJOURI GARDEN NEW DELHI branch in NEW DELHI, DELHI. The branch's IFSC code SBIN0030306 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, SBIN0030306 is the IFSC of State Bank of India's B.K.DATTA MARKET,RAJOURI GARDEN NEW DELHI branch. The format is fixed: SBIN = bank code, 0 = reserved, 030306 = branch identifier.
Branch details at a glance
| Bank Name | State Bank of India |
|---|---|
| Branch | B.K.Datta Market,Rajouri Garden New Delhi |
| IFSC Code | SBIN0030306 |
| MICR Code | Refer to cheque leaf |
| Branch Address | J 2 BY 6,B,B K DUTT MARKET,NAJAFGARH ROAD,RAJOURI GARDEN |
| City | New Delhi |
| District | Delhi |
| State | Delhi |
Bank profile
State Bank of India is among the recognised banks listed on the Reserve Bank of India's payments network. The B.K.Datta Market,Rajouri Garden New Delhi branch — IFSC SBIN0030306 — extends the bank's services to customers in and around New Delhi, Delhi.
About the B.K.Datta Market,Rajouri Garden New Delhi branch
The B.K.Datta Market,Rajouri Garden New Delhi branch of State Bank of India is situated at J 2 BY 6,B,B K DUTT MARKET,NAJAFGARH ROAD,RAJOURI GARDEN. 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 SBIN0030306 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 B.K.DATTA MARKET,RAJOURI GARDEN NEW DELHI of State Bank of India — its own 11-character IFSC. The code SBIN0030306 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 SBIN0030306 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 SBIN0030306
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 SBIN0030306 across all three.
NEFT to State Bank of India, B.K.DATTA MARKET,RAJOURI GARDEN NEW DELHI using IFSC SBIN0030306
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 SBIN0030306, and confirm that the system picks up State Bank of India – B.K.DATTA MARKET,RAJOURI GARDEN NEW DELHI. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to B.K.DATTA MARKET,RAJOURI GARDEN NEW DELHI
If you need to transfer ₹2 lakh or more in one go to an account at State Bank of India's B.K.DATTA MARKET,RAJOURI GARDEN NEW DELHI branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC SBIN0030306 while initiating the transfer and the credit will appear within minutes.
IMPS to State Bank of India B.K.DATTA MARKET,RAJOURI GARDEN NEW DELHI (IFSC SBIN0030306)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC SBIN0030306 in your mobile or internet banking app, and the money is credited to the B.K.DATTA MARKET,RAJOURI GARDEN NEW DELHI branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC SBIN0030306 for State Bank of India – B.K.DATTA MARKET,RAJOURI GARDEN NEW DELHI, 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 – SBIN0030306 | Yes – SBIN0030306 | Yes – SBIN0030306 |
For most retail customers crediting the B.K.Datta Market,Rajouri Garden New Delhi 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 B.K.DATTA MARKET,RAJOURI GARDEN NEW DELHI branch, the IFSC SBIN0030306 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 B.K.Datta Market,Rajouri Garden New Delhi branch is mapped to IFSC SBIN0030306 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 SBIN0030306.
Products and services
Customers walking into the B.K.Datta Market,Rajouri Garden New Delhi 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 SBIN0030306
MICR & cheque-truncation details
Cheques drawn on the B.K.Datta Market,Rajouri Garden New Delhi branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC SBIN0030306 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Digital banking channels
Most day-to-day work that customers used to do at the B.K.Datta Market,Rajouri Garden New Delhi 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 SBIN0030306 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.
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 – B.K.DATTA MARKET,RAJOURI GARDEN NEW DELHI:
- The IFSC is exactly SBIN0030306 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 B.K.DATTA MARKET,RAJOURI GARDEN NEW DELHI 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.
Reaching the branch
The B.K.Datta Market,Rajouri Garden New Delhi branch sits at J 2 BY 6,B,B K DUTT MARKET,NAJAFGARH ROAD,RAJOURI GARDEN. If you are travelling from outside New Delhi, search for the branch on a maps application using the bank name and locality, or call the branch contact number 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 SBIN0030306 and your account number.
Verifying IFSC SBIN0030306 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 SBIN0030306 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 B.K.Datta Market,Rajouri Garden New Delhi 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 SBIN0030306 continue to work without interruption.
Branch address & contact
State Bank of IndiaB.K.Datta Market,Rajouri Garden New Delhi Branch
J 2 BY 6,B,B K DUTT MARKET,NAJAFGARH ROAD,RAJOURI GARDEN
New Delhi, Delhi
Phone: the branch contact number
IFSC: SBIN0030306
Frequently asked questions
Can I use IFSC SBIN0030306 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC SBIN0030306 to send funds instantly.
What is the phone number of State Bank of India B.K.Datta Market,Rajouri Garden New Delhi branch?
You can reach the branch at the branch contact number during regular banking hours.
Does State Bank of India B.K.Datta Market,Rajouri Garden New Delhi branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on the branch contact number to confirm.
Is IFSC SBIN0030306 the same for all accounts at B.K.Datta Market,Rajouri Garden New Delhi branch?
Yes. The IFSC SBIN0030306 is shared by every account held at State Bank of India's B.K.Datta Market,Rajouri Garden New Delhi branch. Only the account number changes from customer to customer.
How do I add State Bank of India B.K.Datta Market,Rajouri Garden New Delhi as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC SBIN0030306, and complete OTP verification. Once activated, you can transfer funds at any time.
Is IFSC SBIN0030306 valid for NEFT and RTGS?
Yes. IFSC SBIN0030306 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
How quickly will an NEFT transfer using SBIN0030306 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to State Bank of India – B.K.Datta Market,Rajouri Garden New Delhi reflect within 30 minutes.
Summary
The IFSC code SBIN0030306 belongs to State Bank of India's B.K.DATTA MARKET,RAJOURI GARDEN NEW DELHI branch, located at J 2 BY 6,B,B K DUTT MARKET,NAJAFGARH ROAD,RAJOURI GARDEN in NEW DELHI, DELHI. 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.
More Articles for IFSC Code
IFSC Code of Zila Sahakri Bank Limited Ghaziabad, Loni Branch, Uttar Pradesh
