Select Branch for State Bank Of India in East Godavari, Andhra Pradesh
Choose a branch to view IFSC code and details
Adb Bandarulanka
SBIN0005408
DIST EAST GODAVARISTATE ANDHRA PRADESHPIN 533221
Adb Tuni
SBIN0003064
DIST EAST GODAVARI ANDHRA PRADESH 533342
Adb Yeleswaram
SBIN0005883
DIST EAST GODAVARI, ANDHRA PRADESH 533429
Alcot Gardens, Rajahmundry
SBIN0016313
ALCOT GARDENS, RAJAHMUNDRY, C/O D.NO 36 7 6,STADIUM ROAD,INNESPETA RAJAHMUNDRY,DIST.EAST GODAVARI, ANDHRA PRADESH. 533101
Allavaram
SBIN0004433
D NO 6 126 MAIN ROAD AMALAPURAM TALUKA DISTT EAST GODAVARI ANDHRA PRADESH 533217
AmalaPuram
SBIN0000803
K.AGRAHARAM, AMALAPURAM, A.P
AmalaPuram
SBIN0020341
AKSTREETKAGRAHARAMEASTGODDIST
Ambajipeta
SBIN0002688
DIST EAST GODAVARI, ANDHRA PRADESH 533214
Anaparthi
SBIN0001409
DISTEAST GODAVARI ANDHRA PRADESH 533342
Anaparthi
SBIN0020834
3F3CANALROADNEARNARAYANREDDYEYEHOSPITALEASTGODAVARIDIST
Angara
SBIN0003410
ALAMUR TALUQ, DISTT EAST GODAVARI AP 533307
Annavaram
SBIN0002690
TUNI TALUQ DISTT EAST GODAVARI ANDHRA PRADESH 533406
Annavaram
SBIN0021804
N IW IN
App Mills
SBIN0001980
SRIRAM NGR RAJAHMUNDRY EAST GODAVARI AP
AtreyaPuram
SBIN0002693
DIST EAST GODAVARI, AP 533235
Balaji Peta Branch (rajahmundry)
SBIN0011663
.RAJAHMUNDRY,DISTEAST.GODAVARI.533124
Bhupalapatnam
SBIN0015365
D.NO. 1 21,BHUPALAPATNAM, RAJANAGARAM MANDAL, EAST GODAVARI DIST,ANDHRA PRADESH 533101
Biccavolu Branch
SBIN0012991
BICCAVOLU MANDAL,EAST GODAVARI DISTRICT,ANDHRA PRADESH 533 343
C.ramaPuram
SBIN0017801
CRAMAPURAM RAMACHANDRAPURAM MANDAL DISTTCHITTOOR ANDHRA PRADESH517561
Chemudulanka
SBIN0020546
HETMUUMNDETGDVI
Cheyyeru
SBIN0021955
O6MAIRASULLAMMATEMPLE
Commercial Kakinada
SBIN0004248
MAIN ROAD,SURYARAOPET, RAMA SOMAYAJULU STREET, KAKINADA, EAST GODAVARI, ANDHRA PRADESH, PIN 533001
Danavaipet
SBIN0007170
DANAVAIPETA, RAJAHMUNDRY, EAST GODAVARI, AP
Delta Gannavaram
SBIN0003350
MAIN ROAD T EAST GODAVARI A P 533240
Diwancheruvu
SBIN0008819
RAJAHMUDNRY DISTT EAST GODAVARI ANDHRA PRADESH 533367
Dowlaiswaram
SBIN0001424
MAIN RD, DOWLAISWARAM, EAST GODAVARI, AP
Draksharama
SBIN0002711
DISTEAST GODAVARI ANDHRA PRADESH 533262
Dwarapudi
SBIN0015526
D.NO.4 25, OPP. RAJIV GANDHI CIRCLE, MAIN ROAD, DWARAPUDI,DIST. EAST GODAVARI, ANDHRA PRADESH 533341
G.medapadu
SBIN0021914
O040YARLAGAAVARIVEEI
Gaigalapadu
SBIN0004607
SARPAVARAM JUNCTION KAKINADA,DISTGODAVARI E , A.P. ,PIN - 533005
Gandepalli
SBIN0015527
D.NO.178, 179 N.H. 5, MAIN ROAD, GANDEPALLE, DIST. EAST GODAVARI, ANDHRA PRADESH 533297
Gangavaram
SBIN0017312
H NO 2 49,CINEMA HALL CENTRE,GANGAVARAM VILLAGE AND MANDAL,DISTT.EAST GODAVARI.ANDHRA PRADESH 533284
Gantipedapudi
SBIN0007524
EAST GODAVARI A P 533274
Gec Campus
SBIN0001358
ENGG COLL CAMPUS, KAKINADA DIST GODAVARI E, A.P.533003
Gokavaram
SBIN0014572
DEVI CHOWK CENTRE,MAIN ROAD,GOKAVARAM,EAST GODAVARI DISTRICT,ANDHRA PRADESH 533286
Gokavaram
SBIN0021199
N884MAINRAGKAVARAMEASTGIST
Golla Mamidada
SBIN0002720
DIST EAST GODAVARI, ANDHRA PRADESH 533344
Gollalamamidada
SBIN0021311
ANROADGOLLALAADADAEASTGODAVARDST
Gollapalem
SBIN0002721
DIST EAST GODAVARI, A P 533468
Gollaprolu
SBIN0012990
DOOR NO.81,MAIN ROAD,GOLLAPROLU MANDAL,EAST GODAVARI DISTRICT,A P 533 445
Hukumpeta
SBIN0021633
2ANGUUPAAUNYGOAA
Inavalli
SBIN0020607
UTT O TCT
Indrapalem
SBIN0016775
D NO 64 4 11/1, SHRISTI BHAVAN, PRATAP NAGAR, KAKINADA, DISTT.EAST GODAVARI. ANDHRA PRADESH 533004.
Indrapalem
SBIN0020719
N9NAANAANAMAIJUNCTINMAHUANAAINAPALM
Innespeta
SBIN0001013
DIST EAST GODAVARI, ANDHRA PRADESH 533102
JagannaikPur, Kakinada
SBIN0002729
MAIN ROAD, KAKINADA, E.G.DIST. A.P., EAST GODAVARI, PIN 533002
Jaggampeta
SBIN0002731
DIST EAST GODAVARI, ANDHRA PRADESH 533435
Jaggampeta
SBIN0021151
N942PPSRISWAMIVIVEKANANASCHLFENKAKINAARJAGGAMPETA
Jaggannapeta
SBIN0002730
DISTEAST GODAVARI ANDHRA PRADESH 533249
Jawaharlal Nehru Road, Rajahmundry
SBIN0016314
JAWAHARLAL NEHRU ROAD, RAJAHMUNDRY, C/O D.NO 79 2 9/1, TILAK ROAD, RAJAHUMNDRY, DIST.EAST GODAVARI, ANDHRA PRADESH. 533101
Kadiyam
SBIN0012694
9198 BY 2,HIGH SCHOOL ROAD,KADIYAM,EAST GODAVARI DT.533126
Kakinada
SBIN0000850
MAIN RD,KAKINADA,A.P.EAST GODAVARI
Kakinada
SBIN0020384
N5ANRADKAKNADAEASTGDAVAR
Kakinada
SBIN0032632
MADHAV NAGAR,OPP. TO DISTRICT SUPRITENDENT OF POLICE OFFICE, KAKINADA-533003
Kakinada Port, Kakinada
SBIN0008997
MANDAPATI VARI VEEDHI ,STREET KAKINADAGODAVARI , A.P. , PIN - 533007
Kakinada Treasury
SBIN0001425
DIST EAST GODAVARI, ANDHRA PRADESH 533004
Kathipudi
SBIN0014774
KAKINADA ROAD,KATHIPUDI,SANKAVARAM MANDAL,EAST GODAVARI DISTRICT,ANDHRA PRADESH 533450
Katrenikona
SBIN0012695
D NO.4133 BY 3,KATRENIKONA MANDAL533212
Kesanakurru
SBIN0020490
ATGODAVARIDIT
Komaragiri
SBIN0015371
OPP RAMALAYAM AND VETERINARY HOSPITAL MAIN ROAD KOMARAGIRI VILLAGE KOTHAPALLI MANDAL EAST GODAVARI DISTRICT ANDHRA PRADESH 533 450
Komaragiripatnam
SBIN0006643
AMALAPURAM TALUQ, DISTT EAST GODAVARI, A P 533210
Konthamuru
SBIN0021806
N8NNTMVILLGE
Korukonda
SBIN0003173
EAST GODAVARI STATE ANDHRA PRADESH PIN 533289
Korukonda Road Rajamundry
SBIN0021208
N23RVNAGARKRUKNARARAJAHMUNRYEASTGIST
Kotagummam
SBIN0021002
AUAARCPLEXDN824133ISTFLRAINRDRAJAHUNDRY
Kotananduru
SBIN0002750
TUNI TALUQ, E G DISTT , A P 533407
Kothapeta
SBIN0000982
EAST GODAVARI STATE ANDHRA PRADESH PIN533223
Kutukuluru
SBIN0014773
D NO 5 23 BY 4,MAIN ROAD,KUTUKULURU,ANAPARTI MANDAL,EAST GODAVARI DISTRICT,ANDHRA PRADESH 533264
Kuyyeru
SBIN0008248
VIADANGERUAP
Lakkavaram
SBIN0003349
EAST GODAVARI ANDHRA PRADESH 533541
M G Cloth Market
SBIN0020975
IOJUYEOII
Machavaram
SBIN0014776
D NO 78 BY 3,MAIN ROAD,MACHAVARAM,RAYAVARAM MANDAL,EAST GODAVARI DISTRICT,ANDHRA PRADESH 533261
MadhuraNagar
SBIN0011106
ANDRAPRADESHSTATE
Madki
SBIN0021526
DNO1 148 NEAR SHIVALAYAM MADIKI ALAMURU MANDALEAST GODAVARI DISTRICT ANDHRA PRADESH
Mahendrawada
SBIN0015370
DNO.2 113, MAHENDRAWADA RAYAVARAM ROAD, MAHENDRAWADA, ANAPAPRTHI MANDAL, EAST GODAVARI DISTRICT, ANDHRA PRADESH 533342
MalikiPuram
SBIN0021219
N4306NEARSAITEMPLEMALIKIPURAMEASTGIST
MalkiPuram
SBIN0012692
MAIN ROAD,OPP SBI ATM,MALKIPURAM,EAST GODAVARI DISTANDHRA PRADESH
Mamidikuduru
SBIN0014571
DOOR NO 4 31,MAIN ROAD,MAMIDIKUDURU,EAST GODAVARI DISTRICT,ANDHRA PRADESH 533247
Mandapeta
SBIN0000996
MAIN ROAD EG DISTTEAST GODAVARI ANDHRA PRADESH 533308
Mandapeta Bazaar
SBIN0017309
NEAR GOVT.JUNIORCOLLEGE,YEDITHA ROAD,MANDAPETA,DISTT.EAST GODAVARI.ANDHRA PRADESH 533308
Market Street, Samalkot
SBIN0018257
PITHAPURAMROAD,SAMALKOT,DISTT.EASTGODAVARI.ANDHRAPRADESH533440
Mobarlipeta Branch AmalaPuram
SBIN0021432
O1114EARTOWBAKMAIROAAMALAPURAMISTEGOAWARI
Morampudi
SBIN0022105
ERDO891738MIRODSIGR2
Morampudi Jn
SBIN0011108
ANDRAPRADESHSTATE
Muggulla
SBIN0015366
MUGGULLA VILLAGE, SEETHANAGARAM MANDAL, EAST GODAVARI DIST. ANDHRA PRADESH 533287
Mukkamala
SBIN0012693
AMALAPURAM ROAD,MUKKAMALA,AMBAJIPETA MANDAL,EAST GODAVARI DIST,ANDHRA PRADESH 533241
Mukteswaram
SBIN0002759
MAIN ROAD T EAST GODAVARI A P 533211
Mummidivaram
SBIN0021192
O6MAIROADOPPLAKATHALLAMMATEMPLEMUMMIDIVARAMEASTGODDIST
Mummidivaran
SBIN0001462
AMALAPURAM TALUQ,EGDIST, AP 533216
Munipalli
SBIN0006642
UPPULAGUPTHAM MANDAL, AMALAPURAM TALUQ, DISTT EAST GODAVARI, AP 533222
Muramalla
SBIN0014570
DOOR NO 3 94,HIGH SCHOOL ROAD,MURAMALLA,EAST GODAVARI DISTRICT,ANDHRA PRADESH 533220
Nagulapalli
SBIN0008264
PITHAPURAM TALUQ, DT E G , A P 533447
Ntr Marg, AmalaPuram
SBIN0011109
ANDRAPRADESHSTATE
Pandalapaka
SBIN0005639
DIST EAST GODAVARISTATE ANDHRA PRADESHPIN 533345
Pasalapudi Road RamachnadraPuram
SBIN0018023
VSM COLLEGEPASALAPUDI ROADRAMACHANDRAPURAMGODAVARIEANDHRA PRADESH533255
Pasalpudi
SBIN0021805
8EMMSUIVIGE
Pbb Kakinada
SBIN0004244
D.NO.13-1-16, 1ST FLOOR,SURYARAOPET, KAKINADA A.P 533001
Pbb Rajahmundry
SBIN0004355
JETTY ENCLAVE, TILAK ROADRAJAHMUNDRY ,RAJAHMUNDRY ,PIN - 533103
Pedapudi
SBIN0008118
KAKINADA TALUQ, DIST EAST GODAVARI, A P 533006
PeddaPuram
SBIN0000897
DISTEAST GODAVARI ANDHRA PRADESH 533437
PeddaPuram Adb
SBIN0004719
DIST EAST GODAVARISTATE ANDHRA PRADESHPIN 533437
Penuguduru
SBIN0014775
VENU GOPALA SWAMY TEMPLE STREET,PENUGUDURU,KARAPA MANDAL,E G DIST,A P 533016
Peruru
SBIN0021947
O206206PERURIPETA
PithaPuram
SBIN0001003
DIST EAST GODAVARI STATE ANDHRA PRADESH PIN 533450
PithaPuram
SBIN0021172
N8218STUARTPETAPITHAPURAMEASTGAVARIT
Podagatlapalli
SBIN0017308
H NO 1 93,CHINNAVEEDHI,PODAGATLAPALLI,DISTT.EAST GODAVARI.ANDHRA PRADESH 533236
Prathipadu East Godavari
SBIN0021387
O322RAJUGARISTREETPRATIPADUISTEASTGOAVARI
Pushkarghat, Rajahmundry
SBIN0007954
GUNDAVARI STREET, FORT GATE, RAJAHMUNDRY EAST GODAVARI A.P.PIN - 533101
Rajahmundry
SBIN0000904
NR. KAMBALA TANK, RAJAHMUNDRY - 533105
Rajahmundry
SBIN0040455
MAIN RD JETTY COMPLEX D NO.8 24 154 RAJAHMUNDRY
Rajamundry
SBIN0020339
PAAAOAA
Rajamundry Bazar
SBIN0003485
RAJAHMUNDRY, E.G.DIST., EAST GODAVARI, ANDHRA PRADESH, PIN 533101
RajaNagaram
SBIN0002787
DR NO 1 84,RAJANAGARAM, DISTT EAST GODAVARI, ANDHRA PRADESH 533294
RajaNagaram
SBIN0021807
N9MAINRAGANHIBMMACENTER
Ramachandra Puram
SBIN0000907
RAMACHANDRAPURAM, EAST GODAVARI, ANDHRA PRADESH, PIN 533255
RamachandraPuram
SBIN0021166
N2NCNUET
Ramaraopeta
SBIN0021247
O0556OPPSIVALAYAMRAMARAOPETAKAKIADA
Rampachodavaram
SBIN0018328
SHG MEETING HALL,OPP. GRAM PANCHAYAT OFFICE, AMBEDKAR CENTRE, RAMPACHODAVARAM, DIST. EAST GODAVARI, ANDHRA PRADESH-533288
Rangampeta
SBIN0021894
O9ERCOOPERTIVEBK
Ravulapalem
SBIN0002789
DISTEAST GODAVARI, ANDHRA PRADESH 533238
Ravulapalem
SBIN0020821
EEYCOPLEXGOUNFLOOAVULAPALEEASTGOAVAI
Rayavaram
SBIN0021006
MDOONO629MINODMDISTESTGODI
Razole
SBIN0000910
ST.RAVI PRASAD MARG MAIN ROAD, DISTT. EAST GODAVARI, ANDHRA PRADESH 533242
Razole
SBIN0020767
DNO 5-103, AKULAVARI STREET, RAZOLE, EAST GODAVARI-533242
Razole Adb
SBIN0006295
DIST EAST GODAVARI, ANDHRA PRADESH 533242
Rd Batllion Kakinada
SBIN0020937
NN
Sakhinetipalli
SBIN0004824
DIST EAST GODAVARI, ANDHRA PRADESH 533251
Samalkot
SBIN0000789
DISTEAST GODAVARI ANDHRA PRADESH 533440
Samalkot
SBIN0021046
N5BTIRKRISHNPLZTTCENTRESLKT
Samanasa
SBIN0007796
DIST EAST GODAVARI, A P 533213
Sambamurthy Nagar
SBIN0016315
D.NO. 16 23 61, PALLAMRAJU NAGAR, DAIRY FARM CENTRE, KAKINADA,DIST EAST GODAVARI, ANDHRA PRADESH. 533001
Sankhavaram
SBIN0003174
PRATHIPADUTALUKA,
Sarpavaram Junction
SBIN0020718
LTN3334LAXMICMLSARAVARAMJNRAMANNAYYAETKAKINADA
SeethaNagaram
SBIN0002794
EAST GODAVARI, ANDHRA PRADESH 533287
SeethaNagaram
SBIN0021314
N9MARKETCENTRESEETHANAGARAMEASTGIST
Silagam
SBIN0008820
SAILAGAM
Specialised Agricultural Commercial Branch
SBIN0014799
POST BOX NO 13,SUBASH ROAD,KAKINADA,EAST GODAVARI DISTRICT,ANDHRA PRADESH 533001
Sriram Nagar, Kakinada
SBIN0008028
BHANU.GUDI.JAUNCTION.,KAKINADA,PIN.533003
Stadium Road, Rajahmundry
SBIN0018286
36714, KONDURI SQUARE, KONDURIVARI STREET, INNESPETA, RAJAHMUNDRY,EAST GODAVARI, A.P. 533102
Tallarevu
SBIN0006248
KAKINADA TALUQ, DISTT EAST GODAVARI, ANDHRA PRADESH 533463
Temple Street, Kakinada
SBIN0018110
GANJAMVARISTREET,KAKINADA,DISTT.EASTGODAVARI.ANDHRAPRADESH533001
Thadithota
SBIN0004609
GUNURU COMPLEX,NEAR RAMKRISHNA THEATRE, ,RAJAHMUNDRI, ANDHRA PRADESH ,PIN - 533103
Thatipaka
SBIN0021323
O756GROUFOLLROPPAAPURATHEATRETHATIPAKAEASTGOAVARIIST
ThimmaPuram
SBIN0014172
OPP POLICE STATION,MAIN ROAD,THIMMAPURAM,KAKINADA RURAL 533005
Thorredu
SBIN0005692
DIST EAST GODAVARI, AP 533293
Tilak Road
SBIN0020889
N231TILAKRAVLPURAMRAJAHMUNRYEASTGAVARY
Tuni
SBIN0000942
BELLAPUVEEDHI,TUNI
Tuni
SBIN0020768
ISSUAAAAICMEXMAINADUNI
Turangi
SBIN0021246
N730RAVINRANAGARTURANGIVIAKAKINAAEASTGIST
Uttarakanchi
SBIN0020483
RTIUMNLGOVRIIST
Vakalapudi
SBIN0011107
ANDRAPRADESHSTATE
Velangi
SBIN0002806
KAKINADA TALUQ, DISTT EAST GODAVARI, ANDHRA PRADESH 533260
VenkatNagar
SBIN0013392
VENKATNAGAR,OPP VENKATESWARA SWAMY TEMPLE,KAKINADA,A P 533003
Vetlapalem
SBIN0002810
KAKINADA TALUQ, T EAST GODAVARI, A P 533434
Warf Road, Kakinada
SBIN0018109
D.NO 25554 RAJA RAMAMOHANA RAI STREETCOLLECTOR OFFICE KAKINADAGODAVARIEANDHRA PRADESH 533001
Y Ramavaram
SBIN0016870
D. NO.20 84, MANDAL MAHILA SAMAKHYA, BESIDES MRO OFFICE, Y RAMAVARAM, DISTT.EAST GODAVARI. ANDHRA PRADESH 533483
Yedurlanka
SBIN0014569
DOOR NO 3 94,GUTTENADEEVI ROAD,YEDURLANKA,EAST GODAVIARI DISTRICT,ANDHRA PRADESH 533464
Yeleswaram
SBIN0021338
ERBBYRICEMILLRSIPTMRODYELLESWRMDISTEGODWRI
Yerravaram
SBIN0020521
EMMDETGODIDIT
Zilla Parishad
SBIN0020974
ND
What are State Bank Of India IFSC Codes?
The Indian Financial System Code, commonly known as the IFSC code, is an alphanumeric code crucial for the electronic transfer of funds within the Indian banking system. This code helps in identifying specific bank branches, ensuring that electronic transactions like NEFT (National Electronic Funds Transfer), RTGS (Real-Time Gross Settlement), and IMPS (Immediate Payment Service) are conducted smoothly and accurately.
The IFSC code acts as a guide that directs money to the right bank branch, whether it is for a money transfer to a friend, payment of a bill, or business transactions.
How to Read the Structure of the State Bank Of India IFSC Code
The IFSC code is an 11-character code consisting of three distinct elements:
- First Four Characters: These letters indicate the name of the bank. For instance, the first four alphabets in the code represent the bank's name.
- Fifth Character: This is always '0' (zero) and is reserved for potential future use in the system.
- Last Six Characters: These can be either numeric or alphabetic and identify a specific branch of the bank.
Example: An IFSC code may appear as "BANK0123456." Here, "BANK" denotes the bank, and "0123456" identifies the specific branch. This unique combination ensures that each branch of every bank has a distinct identification number, allowing the precise identification of the account's location.
How to Locate an State Bank Of India IFSC Code
Locating an IFSC code is relatively straightforward and can be done using any of the following methods:
- Cheque Book: The cheque leaves issued by your bank carry the IFSC code, usually printed on the upper section of the leaf.
- Bank Passbook: The IFSC code is typically found on the first page of the bank passbook provided at the time of opening the account.
- Official Websites of Banks: Most banks provide a search tool on their websites that allows you to find their respective IFSC codes based on branch location or branch name.
- Online Banking Portals: IFSC codes are provided in most online banking systems, enabling customers to find the code related to their bank branch.
- Mobile Banking Apps: Many banking apps allow you to view branch details, including IFSC codes.
- RBI Website: The Reserve Bank of India maintains an official list of all banks and their respective branch IFSC codes on its website.
Importance of IFSC Code in Fund Transfers
The IFSC code plays a significant role in secure and efficient fund transfers in the following ways:
- NEFT (National Electronic Funds Transfer): The IFSC code ensures that funds are transferred accurately from one account in a bank to another account in a different bank in India.
- RTGS (Real-Time Gross Settlement): The IFSC code ensures the safety and speed of high-value transactions where money needs to be transferred at once.
- IMPS (Immediate Payment Service): An instant fund transfer service where the IFSC code directs funds to the correct branch instantly.
- Error Prevention: Accurate use of the IFSC code minimizes the chances of funds being directed to the wrong account or branch, thereby reducing errors.
Benefits of Using IFSC Code
Here are the main benefits of IFSC codes you must know:
- Increased Security: Using the correct IFSC code ensures the transaction reaches the correct branch of the bank, minimizing errors or misdirected funds.
- Faster and More Efficient: IFSC codes streamline the fund transfer process, making it faster than traditional methods.
- Universal Use: Since the IFSC code system is standardized across all banks in India, it can be used for transfers between any banks.
Procedure to Perform State Bank Of India Fund Transfer Using IFSC Code
Fund transfer using an IFSC code is a simple yet vital process:
- Log in Through Online Banking: Use your mobile banking app or Internet banking portal to log in to your bank.
- Fund Transfer: Select the option for fund transfer, choosing between NEFT, RTGS, or IMPS.
- Add Recipient Details: Enter the recipient's name, account number, bank name, and the IFSC code of their branch.
- Validate Details: Verify the entered details to avoid errors. Incorrect bank and IFSC details can lead to the rejection of your fund transfer request.
- Confirm Transfer: After confirmation, the money will be transferred. Depending on the mode of transfer, the amount may be transferred within a few seconds or minutes.
How to Open a State Bank Of India Bank Account
Opening a bank account is a simple if you have the necessary documents and meet the eligibility criteria:
Eligibility Criteria
- Any citizen over 18 years old is eligible to open a bank account.
- In the case of minors, parents or guardians can open an account on their behalf.
- Non-residents are also eligible, provided they fulfill certain conditions established by the banks.
Required Documents
- Proof of Identity: Aadhaar Card, Passport, Voter ID, or any government-issued ID.
- Proof of Address: Aadhaar Card, Passport, utility bills, or any valid document proving residence.
- PAN Card: A PAN card is required for tax compliance.
- Passport Size Photographs: Usually, two to three recent photographs are needed.
- Form 16: In certain cases where a PAN card is not available, Form 16 may be considered.
Process to Open an Account
- Visit a Bank: Visit a branch of your chosen bank, or apply online if the bank offers an online application service.
- Fill Out the Form: Complete the account opening form with your personal information.
- Submit Documents: Provide documents verifying your identity and address.
- Initial Deposit: Make an initial deposit if required by the specific type of account.
- Account Activation: Once your documents are verified, your account will be activated, and you will receive a passbook, checkbook, and debit card.
- Register for Internet and Mobile Banking: Register for Internet and mobile banking services to facilitate easy transactions.
Loan EMI Calculator: Importance and Types
For anyone taking a loan, an EMI calculator is a vital and useful tool. Based on the loan amount, interest rate, and repayment period, it assists you in calculating the monthly repayment amount. You may better manage your money and make sure the loan doesn't put a burden on your resources by using an EMI calculator. It helps you steer clear of any unpleasant shocks later on by giving you a clear image of your financial commitment.
Loan Calculators
- Loan Calculator VA: Specifically designed for VA loans, helping veterans calculate their mortgage payments.
- Loan Calculator Vehicle: Assists in determining monthly payments for vehicle loans.
- Loan Calculator 30 Year: Calculates monthly payments for a 30-year loan term.
- Loan Calculator Yearly Payment: Provides an annual breakdown of loan payments.
EMI Calculators
- EMI Calculator for Home Loan: Helps in calculating the Equated Monthly Installment (EMI) for home loans.
- EMI Calculator Us: Tailored for users in the US to compute their home loan EMIs.
- EMI Calculator on Home Loan: Another tool for calculating home loan EMIs, ensuring accurate monthly payment estimates.
Interest Calculators
- Interest calculator yearly: Calculates the annual interest on loans or investments.
SIP Calculators
- SIP Calculator India: Designed for Indian investors to calculate returns on Systematic Investment Plans (SIPs).
- SIP Calculator Return: Estimates the returns on SIP investments.
- SIP Calculator Mutual Fund: Calculates potential returns from mutual fund SIPs.
- SIP Calculator Months: Provides monthly breakdowns of SIP investments.
- SIP Calculator Online: An online tool for calculating SIP returns.
- SIP Calculator Yearly: Offers yearly projections of SIP returns.
PPF Calculators
- PPF Calculator India: Calculates returns on Public Provident Fund (PPF) investments in India.
- PPF Generator: Generates detailed reports on PPF investments.
- PPF Calculator 15 Years: Estimates returns over a 15-year period.
- PPF Calculator 30 Years: Projects returns over a 30-year period.
Conclusion
An IFSC code is an essential component of the Indian banking system, ensuring the secure electronic transfer of funds. Whether you're doing a simple NEFT transfer or a high-value RTGS transaction, the IFSC code plays an indispensable role in smooth banking operations. Knowing how to find and use this code is crucial for anyone conducting electronic transactions in India.
Frequently Asked Questions (FAQs)
IFSC stands for Indian Financial System Code. It is an 11-character alphanumeric code used to identify a specific branch of a bank in India. It is required for electronic fund transfers like RTGS and NEFT.
The IFSC code is crucial for ensuring safe and error-free transfers from one bank to another. It helps route transactions through the correct bank branch.
You can find the IFSC code on your cheque book and passbook or on your bank's official website. The Reserve Bank of India also publishes a list of IFSC codes.
Yes, the IFSC code is required to complete electronic fund transfers like NEFT, RTGS, and IMPS. Without the IFSC code, the transfer cannot be completed.
In Internet banking, the IFSC code of the beneficiary's bank and branch ensures safe and accurate transfers.
No, each branch of a bank has a unique IFSC code, making it easier to identify the specific branch for transactions.
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