This page lists the IFSC code, branch address, contact number and fund-transfer information for State Bank of India, NANGAL DAIRY, NEW DELHI branch in NEW DELHI. The 11-digit IFSC SBIN0002431 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 NANGAL DAIRY, NEW DELHI 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.
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, SBIN0002431 is the IFSC of State Bank of India's NANGAL DAIRY, NEW DELHI branch. The format is fixed: SBIN = bank code, 0 = reserved, 002431 = branch identifier.
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 Nangal Dairy, New Delhi branch in New Delhi, Delhi is part of this network and uses the IFSC code SBIN0002431 for all electronic settlement.
Branch details at a glance
| Bank Name | State Bank of India |
|---|---|
| Branch | Nangal Dairy, New Delhi |
| IFSC Code | SBIN0002431 |
| MICR Code | Refer to cheque leaf |
| Branch Address | NEW DELHI,MAHILPUR,DELHI 110037 |
| City | New Delhi |
| District | New Delhi |
| State | Delhi |
| STD Code | 0 |
| Phone | 0 |
About this branch
The branch is located at NEW DELHI,MAHILPUR,DELHI 110037. It serves the New Delhi 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 SBIN0002431 is used to identify this branch on the RBI payments network.
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 NANGAL DAIRY, NEW DELHI branch came to be assigned the code SBIN0002431.
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 SBIN0002431, money simply cannot be routed to the NANGAL DAIRY, NEW DELHI branch electronically.
Products and account variants supported
Every account opened at the Nangal Dairy, New Delhi branch is mapped to IFSC SBIN0002431 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 SBIN0002431.
Banking services available
The Nangal Dairy, New Delhi branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 0.
- 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 SBIN0002431
How to transfer money using IFSC SBIN0002431
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 SBIN0002431 across all three.
How to use IFSC SBIN0002431 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to State Bank of India's NANGAL DAIRY, NEW DELHI branch. NEFT now settles on a 24x7 basis in half-hourly batches and has no upper limit for retail customers (individual banks may impose their own caps).
- Log in to your internet banking or mobile banking app.
- Choose Add Beneficiary and select NEFT / Other Bank.
- Enter the beneficiary name, account number and the IFSC SBIN0002431.
- Confirm the bank name auto-populates as State Bank of India and the branch as NANGAL DAIRY, NEW DELHI.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
RTGS transfers via IFSC SBIN0002431
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 – NANGAL DAIRY, NEW DELHI, ensure your bank's portal accepts IFSC SBIN0002431 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 – NANGAL DAIRY, NEW DELHI, use IMPS. With IFSC SBIN0002431 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 SBIN0002431 for State Bank of India – NANGAL DAIRY, 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 – SBIN0002431 | Yes – SBIN0002431 | Yes – SBIN0002431 |
For most retail customers crediting the Nangal Dairy, 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.
UPI payments and IFSC SBIN0002431
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 – NANGAL DAIRY, NEW DELHI is still mapped to IFSC SBIN0002431. 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 SBIN0002431 and the beneficiary's account number to complete the transfer.
Digital banking channels
Most day-to-day work that customers used to do at the Nangal Dairy, 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 SBIN0002431 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.
MICR & cheque-truncation details
Cheques drawn on the Nangal Dairy, New Delhi branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC SBIN0002431 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 – NANGAL DAIRY, NEW DELHI:
- The IFSC is exactly SBIN0002431 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 NANGAL DAIRY, 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.
How to reach the Nangal Dairy, New Delhi branch
The branch is located at NEW DELHI,MAHILPUR,DELHI 110037, which puts it inside New Delhi, the broader New Delhi district, and the state of Delhi. To plan your visit:
- Open Google Maps on your phone and search for “State Bank of India Nangal Dairy, New Delhi branch” — the verified location pin for IFSC SBIN0002431 should appear at the top of the results.
- Confirm the branch is open by calling 0 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 SBIN0002431 and your account number.
Verifying IFSC SBIN0002431 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 SBIN0002431 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 0.
- Visiting the bank's official branch locator page.
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 Nangal Dairy, New Delhi branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC SBIN0002431, however, work 24x7.
Branch address & contact
State Bank of IndiaNangal Dairy, New Delhi Branch
NEW DELHI,MAHILPUR,DELHI 110037
New Delhi, Delhi
Phone: 0
IFSC: SBIN0002431
Frequently asked questions
How do I add State Bank of India Nangal Dairy, New Delhi as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC SBIN0002431, and complete OTP verification. Once activated, you can transfer funds at any time.
Where is State Bank of India Nangal Dairy, New Delhi branch located?
State Bank of India's Nangal Dairy, New Delhi branch is located at NEW DELHI,MAHILPUR,DELHI 110037, New Delhi, Delhi.
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 Nangal Dairy, New Delhi branch but serve different purposes.
Does State Bank of India Nangal Dairy, New Delhi branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 0 to confirm.
Can I use IFSC SBIN0002431 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC SBIN0002431 to send funds instantly.
Is IFSC SBIN0002431 the same for all accounts at Nangal Dairy, New Delhi branch?
Yes. The IFSC SBIN0002431 is shared by every account held at State Bank of India's Nangal Dairy, New Delhi branch. Only the account number changes from customer to customer.
How quickly will an NEFT transfer using SBIN0002431 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to State Bank of India – Nangal Dairy, New Delhi reflect within 30 minutes.
Is IFSC SBIN0002431 valid for NEFT and RTGS?
Yes. IFSC SBIN0002431 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Final notes
To recap: SBIN0002431 is the IFSC code of State Bank of India, NANGAL DAIRY, NEW DELHI branch, in NEW DELHI, DELHI. 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.
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