State Bank of India is the largest bank in India and a part of the State Bank Group. The bank is headquartered in Mumbai, Maharashtra, India and has its presence in over 6,000 branches across India. The Indian Financial System Code (IFSC) is a nine-character code that uniquely identifies bank branches.  SBI IFSC Code  is a unique identifying code assigned to all SBI Bank branches. It enables SBI branch account holders to not only send and receive money online but also helps them carry out RTGS and NEFT transactions easily. The very first step in generating your own IFSC is to open any one of the following SBI Bank accounts: Savings and Current Account Account, Savings Certificate Account.