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State Bank of India

ABERDEEN BZR EVENING CITY BRANCH

IFSC CODE
SBIN0002001
MICR Code 744002007
Branch Code 002001
City / District PORTBLAIR
State ANDAMAN AND NICOBAR ISLANDS
Office Address SAROOP HOUSE, PORT BLAIR, ANDAMAN AND NICOBAR ISLANDS, PIN - 744101
Phone Not Available
📍 View Branch on Google Maps

Understanding IFSC Code: The Digital DNA of State Bank of India

When performing any digital transaction in India, the Indian Financial System Code (IFSC) acts as a critical identifier. For the ABERDEEN BZR EVENING CITY branch of State Bank of India, the code SBIN0002001 ensures that your funds are routed through the Reserve Bank of India's (RBI) structured network without manual errors. In an era of instant payments, having the correct IFSC is as important as the account number itself.

Anatomy of the SBIN0002001 Code

An IFSC is an 11-character alphanumeric code. Let's break down the logic behind the code for this specific branch:

First 4

Bank Identity

"SBIN" represents State Bank of India

5th Digit

Control Character

Always '0' (Reserved for future use)

Last 6

Branch Locator

Unique code for ABERDEEN BZR EVENING CITY

Payment Systems Supported by SBIN0002001

System Transfer Limit Processing Time
NEFT No Minimum (Up to ₹50 Lakhs+) Half-hourly batches (24x7)
RTGS Minimum ₹2 Lakhs Real-time settlement
IMPS Up to ₹5 Lakhs Instant (Mobile/P2P)

Why do you need the MICR Code?

While IFSC is for digital transfers, the Magnetic Ink Character Recognition (MICR) code—744002007—is primarily used for the processing and clearance of physical cheques. This 9-digit code helps in identifying the bank and branch during the Cheque Truncation System (CTS) cycle, making clearing faster and error-free.

Bank Holidays & Availability

The State Bank of India in PORTBLAIR typically follows the RBI holiday calendar. Digital transfers via SBIN0002001 for NEFT/RTGS are now available 365 days a year, regardless of physical branch timings or Sunday closures.

Security Warning & Verification

Always verify the branch details before making a large payment. While SBIN0002001 is the valid code for ABERDEEN BZR EVENING CITY at PORTBLAIR, ensure the beneficiary name matches perfectly in your mobile banking app.

RBI Verified NEFT Enabled RTGS 24x7

Bank Search Indexing & Metadata

Related Searches

  • • State Bank of India Branch List
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Financial Tools

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Branch Context

  • • ABERDEEN BZR EVENING CITY Contact
  • • Address of State Bank of India
  • • MICR Code Finder
  • • ANDAMAN AND NICOBAR ISLANDS Banking Circle

Platform Links

  • • Anand Design DevBox
  • • SEO Performance Hub
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  • • IFSC Finder v2.0

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