Skip to content
SmartFigure

SBIN0015981: State Bank of India, Magam Budgam

SBIN0015981 is the IFSC code of the Magam Budgam branch of State Bank of India in Budgam, Jammu and Kashmir. Use it to send money to accounts at this branch by NEFT, RTGS or IMPS.

IFSC code
SBIN0015981
Branch
Magam Budgam
MICR code
191002002
Address
Hyderiya Shopping Complex, Gulmarg Road, Magam, Distt. Budgam. Jammu and Kashmir 193401
City
Budgam (district Magam)
State
Jammu and Kashmir
Transfers
NEFT availableRTGS availableIMPS availableUPI available

What SBIN0015981 means

  • SBIN: the bank, State Bank of India
  • 0: always zero, kept for future use
  • 015981: the Magam Budgam branch

To send money, add the account number, the account holder's name and SBIN0015981 as a payee in your banking app. NEFT and IMPS work round the clock; RTGS is for ₹2 lakh or more.

Other State Bank of India branches in Budgam

All State Bank of India branches in Budgam

Other banks in Budgam

Frequently asked questions

Which bank and branch is SBIN0015981?

SBIN0015981 belongs to State Bank of India, Magam Budgam branch, Hyderiya Shopping Complex, Gulmarg Road, Magam, Distt. Budgam. Jammu and Kashmir 193401.

What is the MICR code of State Bank of India, Magam Budgam?

The MICR code is 191002002. It is printed at the bottom of cheques from this branch.

Can I use SBIN0015981 for RTGS and IMPS?

NEFT, RTGS, IMPS transfers are enabled for this branch.

Sources

Last checked on 19 September 2026. IFSC data comes from RBI’s list, refreshed monthly. Banks sometimes merge or move branches; confirm the code on your cheque book or with your bank before a large transfer.