IFSC Code SABR0000002 - Sber Bank Mumbai Branch
81 B 8TH FLOOR 5TH NORTH AVENUE MAKER MAXITY BANDRA KURLA COMPLEX BANDRA EAST
Quick Info
IFSC: SABR0000002
District: MUMBAI SUBURBAN
Status: Active
About Sber Bank Mumbai Branch
IFSC Code SABR0000002 belongs to Sber Bank Mumbai Branch branch located in Mumbai, Mumbai Suburban, Maharashtra. This branch serves customers in Mumbai, Mumbai Suburban, Maharashtra and surrounding areas.
Understanding IFSC Code SABR0000002
The IFSC (Indian Financial System Code) SABR0000002 is an 11-character alphanumeric code assigned by the Reserve Bank of India (RBI) to uniquely identify this specific bank branch. The code structure follows a specific format:
- First 4 characters (SABR): Bank code identifying Sber Bank
- 5th character (0): Reserved for future use (always 0)
- Last 6 characters (000002): Unique branch identifier for Mumbai Branch
Electronic Fund Transfer Services
IFSC Code SABR0000002 is essential for all electronic fund transfers in India. This code ensures that money transfers are routed to the correct bank branch. The following payment systems use IFSC codes:
NEFT (National Electronic Funds Transfer)
Batch processing system for fund transfers. Available Yes at this branch.
Processing: Multiple batches daily, typically settles within 2 hours during banking hours.
RTGS (Real Time Gross Settlement)
Real-time fund transfer for high-value transactions (minimum ₹2 lakh). Available Yes at this branch.
Processing: Real-time settlement, typically within minutes during RTGS hours.
IMPS (Immediate Payment Service)
24/7 instant fund transfer service via mobile or internet banking. Available Yes at this branch.
Processing: Instant transfer, available 24/7 including holidays.
UPI (Unified Payments Interface)
Instant mobile payment system using UPI ID or QR code. Available Yes at this branch.
Processing: Instant transfer, available 24/7, no IFSC code needed for UPI transactions.
Branch Location and Accessibility
The Sber Bank Mumbai Branch branch is located at 81 B 8TH FLOOR 5TH NORTH AVENUE MAKER MAXITY BANDRA KURLA COMPLEX BANDRA EAST in Mumbai, Mumbai Suburban, Maharashtra. This location serves customers in Mumbai, Mumbai Suburban, Maharashtra and nearby areas. When initiating any electronic fund transfer to an account held at this branch, you must use IFSC Code SABR0000002 to ensure the transaction is routed correctly.
How to Use IFSC Code SABR0000002
When making online fund transfers to an account at this branch, you will need:
- IFSC Code: SABR0000002 (for NEFT, RTGS, IMPS)
- Account Number: The recipient's account number
- Account Holder Name: As registered with the bank
Finding Other Sber Bank Branches
If you're looking for other Sber Bank branches in Mumbai, Mumbai Suburban, Maharashtra or nearby areas, use our Sber Bank branch finder. You can search by city, district, or state to find all Sber Bank branches with their respective IFSC codes.
Branch Details
| IFSC Code: | SABR0000002 |
| Bank Name: | Sber Bank |
| Branch Name: | Mumbai Branch |
| Address: | 81 B 8TH FLOOR 5TH NORTH AVENUE MAKER MAXITY BANDRA KURLA COMPLEX BANDRA EAST |
| City: | Mumbai |
| District: | Mumbai Suburban |
| State: | Maharashtra |
Payment Services Available
Sber Bank Mumbai Branch Branch IFSC Code SABR0000002 — Complete Banking Guide for Mumbai, Maharashtra
IFSC code SABR0000002 belongs to the Mumbai Branch branch of Sber Bank in Mumbai, Mumbai Suburban district, Maharashtra. This 11-character code, assigned by the Reserve Bank of India, is mandatory for all digital fund transfers — NEFT, RTGS, IMPS, and UPI. Every payment initiated to an account at this branch must include IFSC SABR0000002 to ensure accurate routing through India's centralised payment infrastructure. Providing an incorrect IFSC may delay or fail the transaction, so always verify the code before confirming any transfer.
About Sber Bank, Mumbai Branch Branch
The Mumbai Branch branch of Sber Bank in Mumbai, Maharashtra serves retail and corporate customers in Mumbai Suburban district with a full range of banking products. Services typically include savings and current accounts, fixed and recurring deposits, personal and home loans, vehicle finance, trade finance, locker facilities, and wealth management. The branch also supports digital banking — internet banking, mobile banking, UPI, and contactless debit/credit card issuance. Its IFSC SABR0000002 is the key identifier for all fund transfers routed to accounts at this location through RBI's payment systems.
Payment Methods Using IFSC SABR0000002
Four primary digital payment rails use IFSC SABR0000002 for transfers to Sber Bank, Mumbai Branch: NEFT — batch-based, 48 half-hourly settlements daily, no minimum amount, ideal for regular transfers; RTGS — real-time, 24×7, minimum ₹2 lakh, used for high-value transactions; IMPS — instant, 24×7, up to ₹5 lakh, best for urgent transfers; UPI — uses Virtual Payment Address (VPA) linked to accounts at this branch, instant and zero-cost for most transactions. For each method, the sender's bank verifies IFSC SABR0000002 against the RBI IFSC master list before processing the payment.
MICR Code and Branch Details
In addition to the IFSC, the Mumbai Branch branch of Sber Bank in Mumbai carries a MICR (Magnetic Ink Character Recognition) code — a 9-digit number printed on cheques that identifies the bank, city, and branch for cheque clearing through the MICR-based clearing system. While NEFT/RTGS/IMPS use the IFSC SABR0000002 exclusively for electronic transfers, MICR remains relevant for paper-based cheque processing. Both codes are listed on this page for complete branch reference.
How to Verify IFSC SABR0000002 Before Transferring
Before initiating any high-value transfer to IFSC SABR0000002, verify the code through: (1) the RBI's official IFSC repository at rbi.org.in; (2) Sber Bank's official website branch locator; (3) MahaFind's IFSC lookup — the page you are currently viewing. Cross-reference the branch address and bank name displayed here against the details provided by your recipient to confirm accuracy. A mismatch in even one character of the IFSC can reroute your transfer to a different branch entirely.
FAQs — Sber Bank Mumbai Branch, Mumbai IFSC
What is the IFSC of Sber Bank Mumbai Branch in Mumbai?
The IFSC of Sber Bank, Mumbai Branch branch in Mumbai, Maharashtra is SABR0000002. Use this for NEFT, RTGS, IMPS, and UPI transfers to any account at this branch.
What is the minimum amount for NEFT to IFSC SABR0000002?
There is no minimum amount for NEFT transfers. You can send as little as ₹1. RTGS requires a minimum of ₹2 lakh. IMPS supports up to ₹5 lakh per transaction. All three use IFSC SABR0000002 to route funds to Sber Bank, Mumbai Branch, Mumbai.
Who assigns IFSC codes like SABR0000002?
The Reserve Bank of India (RBI) assigns all IFSC codes in India. Sber Bank applied for the IFSC for its Mumbai Branch branch in Mumbai, and RBI issued SABR0000002 as the unique identifier. The complete list of valid IFSCs is maintained in RBI's IFSC master directory.
Can I use IFSC SABR0000002 for UPI payments?
UPI payments are linked to a Virtual Payment Address (VPA) rather than an IFSC directly, but the underlying account is mapped to IFSC SABR0000002 at Sber Bank, Mumbai Branch, Mumbai. When sending money via NEFT/RTGS/IMPS to this branch's account holders, always use IFSC SABR0000002.
About IFSC Code SABR0000002
IFSC Code SABR0000002 belongs to Sber Bank branch Mumbai Branch located in Mumbai, Mumbai Suburban, Maharashtra.
Branch Information
- IFSC Code: SABR0000002
- Bank: Sber Bank
- Branch: Mumbai Branch
- Address: 81 B 8TH FLOOR 5TH NORTH AVENUE MAKER MAXITY BANDRA KURLA COMPLEX BANDRA EAST
- City: Mumbai
- District: Mumbai Suburban
- State: Maharashtra
Payment Services
- NEFT: Available
- RTGS: Available
- IMPS: Available
- UPI: Available