SBI IFSC Code: Let us understand what the SBI IFSC Code is all about. IFSC Code works for the Indian Financial System Code. It is an alphanumeric code allotted to each branch of the bank. The IFSC is a unique identification number and is vital to any type of money transfer between banks. The IFSC code of the State Bank of India (SBI) consists of eleven numbers, consisting of the first four letters ‘ SBIN,’ the fifth digit 0 preceded by the last six numbers representing the particular SBI unit number. For example, the IFSC code for SBI branch 11, Ganesh House, MG Road, Bangalore, is SBIN0007587. Here is section number 007587.
State Bank of India SBI IFSC Codes
SBI IFSC code comprises of eleven letters, the first four letters start with’ SBIN,’ which means the title of the bank of the State Bank of India. The third digit is null, which is put aside for any potential use. The next six letters indicate the particular section of the SBI. A simple and fast way to discover your bank’s IFSC codes is to search the checkbook or the front panel of your bank’s passbook.
The SBI IFSC code is crucial for any type of money transfer, such as RTGS, NEFT & IMPS. As of April 2017, State Bank of India combined with five other associate banks (State Bank of Bikaner & Jaipur, State Bank of Hyderabad, State Bank of Mysore, State Bank of Patiala, and State Bank of Travancore) following the request, SBI amended roughly 1,300 office IFSC rules that were component of the scheme. The IFSC SBI code is used to trigger NEFT, RTGS, or IMPS conversions.
Information needed for the transfer of funds using any mode of payment
- Bank’s account number
- Amount of remittance
- Receiver’s bank branch’s IFSC code
- Bank Name of the receiver
- Name of the receiver
- Account number of the receiver
STATE BANK OF INDIA has branches in 36 States
WEST BENGAL | TRIPURA | UTTAR PRADESH | ODISHA | BIHAR | ASSAM | JHARKHAND | NAGALAND | MANIPUR | ANDAMAN AND NICOBAR ISLAND | MEGHALAYA | RAJASTHAN | SIKKIM | TAMIL NADU | ANDHRA PRADESH | KARNATAKA | KERALA | MAHARASHTRA |GUJARAT | MADHYA PRADESH | GOA | CHANDIGARH | DAMAN AND DIU | UTTARAKHAND | DELHI | HIMACHAL PRADESH | PUNJAB |HARYANA | JAMMU AND KASHMIR | PUDUCHERRY | ARUNACHAL PRADESH | MIZORAM | LAKSHADWEEP | DADRA AND NAGAR HAVELI |TELANGANA | CHHATTISGARH |
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