SWIFT/BIC code SBININBB531
SBININBB531 belongs to State Bank of India in Panvel, India.
Code details
| SWIFT/BIC code | SBININBB531 |
|---|---|
| 8-character code | SBININBB |
| Branch code | 531 |
| Bank | State Bank of India |
| Branch | Panvel |
| City | Panvel |
| Country | India |
How the State Bank of India SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- SBIN Bank code
- 4 letters that identify the bank.
- IN Country code
- 2 letters for the country (ISO 3166).
- BB Location code
- 2 characters for the city or region of the head office.
- 531 Branch code
- 3 characters for a specific branch. XXX means the head office.
Check before you send
- Ask the recipient which bank and branch the account is held at.
- Use the head office code (XXX) when no branch is specified.
- Make sure the country in the code matches the country of the account.
Frequently asked questions
Which branch is behind BIC SBININBB531?
The code SBININBB531 belongs to Panvel, a branch or department of State Bank of India in Panvel, India. Only use it if the recipient or their bank explicitly asks for it.
How long does it take to send money to State Bank of India?
A SWIFT payment typically takes 2–5 business days, because of correspondent banks and time zones. Money transfer services are often faster than a bank.
What do I need for a transfer to an account at State Bank of India?
Have ready the SWIFT/BIC code SBININBB531, the IBAN or local account number of the recipientand the name of the account holder. India is not part of SEPA, so the BIC is required.
What happens if I use SBININBB531 with a typo?
The payment may be delayed, returned or charged extra fees. Always check SBININBB531 against the details from State Bank of India before sending.
Has State Bank of India got more SWIFT/BIC codes?
Yes – we list 843 SWIFT/BIC codes for State Bank of India in India. You can see them all on the bank page.
What is the cheapest way to send money to State Bank of India in India?
Banks often add 1–3% to the exchange rate on top of a fee. Compare the amount that arrives in Indian Rupee with specialist providers before you send.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.