If you are searching for the IFSC code of State Bank of India, SAKETRI branch in PANCHKULA, HARYANA, this page has every detail you need. The verified IFSC code for this branch is SBIN0051071. 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 SAKETRI branch, and detailed step-by-step guides for using the IFSC SBIN0051071 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.
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, SBIN0051071 is the IFSC of State Bank of India's SAKETRI branch. The format is fixed: SBIN = bank code, 0 = reserved, 051071 = 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 Saketri branch in Panchkula, Haryana is part of this network and uses the IFSC code SBIN0051071 for all electronic settlement.
Saketri branch overview
Located at OPPOSITE WATER TANKVILLAGE SAKETRIPO BHAINSA TIBBATEHSIL DISTTPANCHKULAHARYANAPIN 134109, the Saketri branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC SBIN0051071 is required for all interbank electronic transfers routed through this branch.
Branch details at a glance
| Bank Name | State Bank of India |
|---|---|
| Branch | Saketri |
| IFSC Code | SBIN0051071 |
| MICR Code | Refer to cheque leaf |
| Branch Address | OPPOSITE WATER TANKVILLAGE SAKETRIPO BHAINSA TIBBATEHSIL DISTTPANCHKULAHARYANAPIN 134109 |
| City | Panchkula |
| District | Panchkula |
| State | Haryana |
| Phone | 2555051 |
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 SAKETRI of State Bank of India — its own 11-character IFSC. The code SBIN0051071 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 SBIN0051071 the same way you would treat your account number — verify it once and save it carefully for future use.
MICR & cheque-truncation details
Cheques drawn on the Saketri branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC SBIN0051071 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
How to transfer money using IFSC SBIN0051071
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 SBIN0051071 across all three.
How to use IFSC SBIN0051071 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to State Bank of India's SAKETRI 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 SBIN0051071.
- Confirm the bank name auto-populates as State Bank of India and the branch as SAKETRI.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
Real-Time Gross Settlement to SAKETRI
If you need to transfer ₹2 lakh or more in one go to an account at State Bank of India's SAKETRI branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC SBIN0051071 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 – SAKETRI, use IMPS. With IFSC SBIN0051071 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 Saketri
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 SBIN0051071:
- 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 SAKETRI is still linked to IFSC SBIN0051071.
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 SBIN0051071
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 – SAKETRI is still mapped to IFSC SBIN0051071. 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 SBIN0051071 and the beneficiary's account number to complete the transfer.
Products and account variants supported
Every account opened at the Saketri branch is mapped to IFSC SBIN0051071 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 SBIN0051071.
Products and services
Customers walking into the Saketri 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 SBIN0051071
Online banking and IFSC SBIN0051071
State Bank of India customers can register for net banking and the bank's official mobile app once their account at the SAKETRI 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 SBIN0051071 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.
Reaching the branch
The Saketri branch sits at OPPOSITE WATER TANKVILLAGE SAKETRIPO BHAINSA TIBBATEHSIL DISTTPANCHKULAHARYANAPIN 134109. If you are travelling from outside Panchkula, search for the branch on a maps application using the bank name and locality, or call 2555051 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 SBIN0051071 and your account number.
Common mistakes to avoid when using IFSC SBIN0051071
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 – SAKETRI, 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:
SBIN0051071. - 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.
Working hours
Branch counters at Saketri 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 SBIN0051071 continue to work without interruption.
Other ways to verify the IFSC code
While this page already lists the verified IFSC SBIN0051071 for State Bank of India – SAKETRI, 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
State Bank of IndiaSaketri Branch
OPPOSITE WATER TANKVILLAGE SAKETRIPO BHAINSA TIBBATEHSIL DISTTPANCHKULAHARYANAPIN 134109
Panchkula, Haryana
Phone: 2555051
IFSC: SBIN0051071
Frequently asked questions
Where is State Bank of India Saketri branch located?
State Bank of India's Saketri branch is located at OPPOSITE WATER TANKVILLAGE SAKETRIPO BHAINSA TIBBATEHSIL DISTTPANCHKULAHARYANAPIN 134109, Panchkula, Haryana.
Is IFSC SBIN0051071 valid for NEFT and RTGS?
Yes. IFSC SBIN0051071 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
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 Saketri branch but serve different purposes.
Does State Bank of India Saketri branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 2555051 to confirm.
Is IFSC SBIN0051071 the same for all accounts at Saketri branch?
Yes. The IFSC SBIN0051071 is shared by every account held at State Bank of India's Saketri branch. Only the account number changes from customer to customer.
How quickly will an NEFT transfer using SBIN0051071 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to State Bank of India – Saketri reflect within 30 minutes.
How do I add State Bank of India Saketri as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC SBIN0051071, and complete OTP verification. Once activated, you can transfer funds at any time.
Final notes
To recap: SBIN0051071 is the IFSC code of State Bank of India, SAKETRI branch, in PANCHKULA, 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.


