Select Branch for State Bank Of India in Krishna, Andhra Pradesh

Choose a branch to view IFSC code and details

Branch
Agiripalle

SBIN0013305

D.NO.7 BY 1,VIJAYAWADA NUZVID ROAD,AGIRIPALLE,KRISHNA DISTRICT A.P521 221

Branch
AjitsinghNagar

SBIN0017029

D NO.43 6 BY 18 24,PIPULA ROAD JUNCTION,AJITSINGHNAGAR,VIJAYAWADA,KRISHNA,ANDHRA PRADESH 520015

Branch
Akkireddigudem

SBIN0004699

NUZVID MANDAL, DT KRISHNA, A P 521213

Branch
Arugolanu

SBIN0003725

GANNAVARAM TALUQ

Branch
Ashok Nagar, Vijayawada

SBIN0016261

DOOR NO 11 131,SRI NILAYAM, NEAR BUS STOP, ASHOK NAGAR, PATAMATA, VIJAYAWADA, DIST KRISHNA, ANDHRA PRADESH.

Branch
Avanigadda

SBIN0000811

DIST KRISHNA, ANDHRA PRADESH 521121

Branch
Avanigadda Adb

SBIN0005866

DISTKRISHNA ANDHRA PRADESH 521121

Branch
Bantumilli

SBIN0021294

N31811MAINRABANTUMILLIKRISHNAIST

Branch
Batchupeta

SBIN0021440

D NO 22 18 SBH KENNEDY ROAD BATCHUPETA MASULIPATNAM

Branch
Bhaskararaopet, Vijayawada

SBIN0001917

KRISHNA LANKA KRISHNA LANKA VIJAYWADA

Branch
BhaskarPuram, Hyderabad

SBIN0009633

NOBLE COLLEGE ROADMASULIPATNAMKRISHNA PIN - 521001

Branch
BhavaniPuram

SBIN0010782

GANDIKOTA COMPLEX, ALIBAIG STREET, GOVERNOPET, VIJAYWADA 520002

Branch
Brindavan Colony, Vijayawada

SBIN0018993

BSNL MICROWAVE BUILDING, MG ROAD, VIJAYAWADA, DISTTKRISHNA ANDHRA PRADESH 520010

Branch
Chatrayi

SBIN0007531

KRISHNA MAIN ROAD

Branch
Chillakallu

SBIN0011096

KRISHNAAP

Branch
Chinapandaraka

SBIN0004808

VIA BANTUMILLI, DT KRISHNA, A P 521324

Branch
ChristurajaPuram

SBIN0016766

D. NO.59 5 7, ROUTE NO. 5, ITA COLLEGE ROAD, VIJAYAWADA, DISTT.KRISHNA. ANDHRA PRADESH 520 008

Branch
Currency Nagar

SBIN0021148

81691MAHANADURDNAGARJUNANAGARNRCURRENCYNGRVIJAYAWADAKRISHNADT

Branch
Currency Nagar Vijaywada

SBIN0018654

SRINIVASNAGAR BANK COLONY,SERVICE RD,CURRENCY NAGAR,VIJAYAWADA,KRISHNA.AP-520008

Branch
Devarapalli

SBIN0021719

01 04 2029 HASINI NILAYAM MAIN ROAD DEVARAPALLI

Branch
Enikepadu

SBIN0021264

N471PPPANCHAYATFFICEENIKEPAUVIJAYAWAARURALISTKRISHNA

Branch
Gampalagudem

SBIN0002717

GAMPALAGUDEM MANDAL DISTT KRISHNA ANDHRA PRADESH 521403

Branch
Gandhi Nagar

SBIN0001208

POST BAG NO.1,VIJAYAVADA,KRISHNA,A.P.,PIN 520003

Branch
Gannavaram

SBIN0000783

KRISHNA ANDHRA PRADESH 521101

Branch
Ganugapadu

SBIN0015372

DNO.1/36,GANUGAPADU VILLAGE,TIRUVUR MANDAL,KRISHNA DISTRICT,ANDHRA PRADESH 521235

Branch
Gollapudi, Vijayawada

SBIN0005653

GOLAPUDI VIJAYAWADA,DIST.KRISHNA, ANDHRA PRADESH ,521225 ,PIN - 521225

Branch
Gopavaram

SBIN0006975

NUZVID TALUK

Branch
Gosaveedu

SBIN0007529

VIA GAMPALAGUDEM MANDAL, DT KRISHNA, A P 521000

Branch
Governorpet

SBIN0001008

ALI BAIG STREET,VIJAYAWADA,KRISHNA,ANDHRA PRADESH,PIN 520002

Branch
Gudalavalleru

SBIN0021307

N5147SUHANILAYAMBESIESPSTFFMAINRAGUAVALLURUISTKRISHNA

Branch
Gudivada

SBIN0000841

KRISHNA ANDHRA PRADESH PIN 521301

Branch
Gudivada

SBIN0020331

OKPP OPXV K

Branch
Gudivada Bazar

SBIN0003724

POST BOX NO.19, GUDIVADA, KRISHNA, AP, PIN 521301

Branch
Gudlavalleru

SBIN0001461

DIST KRISHNA, A P 521356

Branch
Guduru

SBIN0006976

DIST KRISHNA, A P 521149

Branch
Guduru

SBIN0021828

N12GUDURUVILLAGE

Branch
Guntupalli

SBIN0021825

BMMMDL

Branch
Gurunanak Nagar, Vijayawada

SBIN0007955

DOOR NO. 54-14-8-72 OP.VINAYAKA THEATRE, RINA ROAD, VIJAYAVADA AP ,PIN - 520008

Branch
Hanuman Junction Adb

SBIN0004700

DIST KRISHNA ANDHRA PRADESH 521105

Branch
Ibrahimpatnam, Vijayawada

SBIN0001881

VIJAYWADA TALUK,DISTKRISHNA,DISTKRISHNA,521226

Branch
Jaggaiahpet

SBIN0020170

ERPOTTISRIRMULUSTTUEJGGYYPETKRISHDIST

Branch
Jaggayyapet Adb

SBIN0005378

DIST KRISHNA, ANDHRA PRADESH

Branch
Junction Road,nuzvid

SBIN0015914

D.NO.25/155, HANUMANJUNCTION ROAD,NUZVID, NUZVID MANDAL, DIST KRISHNA, ANDHRA PRADESH 521201

Branch
Jupudi

SBIN0021974

UUI

Branch
Kaikalur

SBIN0001184

DISTKRISHNA ANDHRA PRADESH 521333

Branch
Kaikalur Adb

SBIN0005872

MARKET STREET DISTT KRISHNA ANDHRA PRADESH 521333

Branch
Kalidindi

SBIN0002736

KAIKALUR TALUK, T KRISHNA, ANDHRA PRADESH 521344

Branch
Kamayyathopu

SBIN0021134

N736PRASAPLAZAKAMAYYATHPUVIJAYAWAAKRISHNAIST

Branch
Kambhampadu

SBIN0022086

4CHYTFFICER

Branch
Kanchikacherla

SBIN0004826

KRISHNA STATE ANDHRA PRADESH PIN 521180

Branch
Kanchikacherla

SBIN0021293

CICELSISITMJEYCOMPLEXEUCETEMIODCICEL

Branch
Kankipadu

SBIN0001410

KRISHNA ANDHRA PRADESH

Branch
Kapileswara Puram

SBIN0005813

50,MAIN ROAD,KAPILESWARAPURAM,

Branch
Koduru

SBIN0002744

DIVI LALUK, DISTT KRISHNA, A P 521328

Branch
Kondapally

SBIN0021827

ODPYIRODODPY

Branch
Koretipadu

SBIN0011093

DOOR NO 4 18 18 ,KORETIPADU, GUNTUR 522 007

Branch
Korukollu

SBIN0001346

KORUKOLLU

Branch
Kothapeta, Vijayawada

SBIN0003526

DOOR NO 11 14 21,VELAGALETIVARI STREET K.T RD, VIJAYAWADA KRISHNA,AP 520001

Branch
Kuchipudi

SBIN0003172

KRISHNA, ANDHRA PRADESH 521136

Branch
Labbipet, Vijaywada

SBIN0003055

KUSA LAVA BUILDING VIJAYAVADA-520010 DISTKRISHNA,520010

Branch
LakshmiPuram

SBIN0003562

CHALLAPALLI P.O, DISTT. KRISHNA, ANDHRA PRADESH 521126

Branch
LakshmiPuram, Guntur

SBIN0011094

DOOR NO 5 87 75, LAKSHMIPURAM, GUNTUR 522 007

Branch
Machilipatnam Bazar, Machilipatnam

SBIN0001596

D NO 25 BY 300 KENNEDY ROAD,BUTTAAYAPETA, MACHIL DIST KRISHNA, ANDHRA PRADESH 521001

Branch
MadhuraNagar

SBIN0011726

VIJAYAWADA,DISTKRISHNA520011

Branch
Makkapet

SBIN0021824

EI NDL

Branch
Mallavolu

SBIN0021646

ANROADALLAVOLUKRSHNADST

Branch
Manjuluru

SBIN0020517

TMMKSST

Branch
Masulipatnam

SBIN0000874

MASULIPATNAM, KRISHNA, A.P

Branch
Masulipatnam

SBIN0020334

ZOEKYKPMESHWITEMPLEBKISHIST

Branch
Meduru

SBIN0005812

DIST KRISHNA,A P 521247

Branch
Mg Road, Vijayawada

SBIN0016857

DNO.39 10 10, DATTA SAI VEMURI TOWERS, OPP VETERNARY HOSPITAL, VIJAYAWADA, DISTT.KRISHNA. ANDHRA PRADESH 520010

Branch
Mopidevi

SBIN0004697

DIVI TALUK, DT KRISHNA , A P 521125

Branch
Mudinepalli

SBIN0002758

KRISHNA, ANDHRA PRADESH 521325

Branch
Mudunuru

SBIN0020585

U UUUII IN

Branch
Muppalla

SBIN0021648

N0AAAASTUPPAAKISHNAIST

Branch
Musunuru

SBIN0008295

NUZVID MANDAL, DISTT KRISHNA, A P 521000

Branch
Mylavaram (pulluru)

SBIN0007527

DIST KRISHNA, A P 521230

Branch
Nagayalanka

SBIN0013229

DOOR NO 8 BY 90,DEENADAYALAPURAM ROAD,NAGAYALANKA,KRISHNA DISTRICT

Branch
Nagayalanka

SBIN0021131

N537CMAINRBESIEPANCHAYATFFICENAGAYALANKAKRISHNAT

Branch
Nandigama

SBIN0000882

MAIN ROADDISTT KRISHNA ANDHRA PRADESH 521185

Branch
Nandigama Town

SBIN0014173

PLOT NO.632,NEAR PETROL BUNK,RYTHUPETA,NANDIGAMA,KRISHNADISTRICT, ANDHRA PRADESH 521185

Branch
Nemali

SBIN0007528

GAMPALGUDEM MANDALAM, DISTT KRISHNA, A P 521401

Branch
Nidamanuru

SBIN0012654

DNO 887,MAIN ROAD,NIDAMANURU,VIJAYWADA RURAL MANDAL,KRISHNA DIST 521104

Branch
Nidumolu

SBIN0015054

D NO 1 25, NEAR PREMBABU COMPLEX, NIDUMOLU, KRISHNA DISTRICT, ANDHRA PRADESH521156

Branch
Nunna

SBIN0003287

VIJAYAVADA TALUQ,KRISHNA,A.P.,PIN 522212

Branch
Nuziveedu

SBIN0020791

WROPEHUJUTIOROUZVI

Branch
Nuzvid

SBIN0000889

DIST KRISHNA, ANDHRA PRADESH 521 201

Branch
Pamarru

SBIN0002776

DISTKRISHNA ANDHRA PRADESH 521157

Branch
Pantakaluva Road Branch, Vijayawada

SBIN0012948

GR FLOOR,PANTAKALUVA ROAD,PATAMATA,VIJAYAWADA,DISTKRISHNA520010

Branch
Paritala

SBIN0021649

EIEGOVTHMAINROAPARITALAKRIHNAIT

Branch
Patamata

SBIN0000578

PATAMATA, NEAR AUTO NGR GATE, VIJAYAWADA, KRISHNA, AP, 520007

Branch
Patamatalanka

SBIN0020542

EREEDUOFFICEPTMTLKVIJYWD

Branch
Pbb Benz Circle, Vijaywada

SBIN0004157

BENZ CICRLESHANTHA PLAZA,OPP.STELLA COLLEGERINGROAD VIJAYVADA 520008 ,PIN-520 008

Branch
Peda Avutapalli

SBIN0015373

DNO.4 72,PEDA AVUTAPALLI VILLAGE,UNGUTURU MANDAL,KRISHNA DISTRICT,ANDHRA PRADESH 521286

Branch
Pedamuthevi

SBIN0022069

N125PEDAMUTEVIVILLAGE

Branch
Pedana

SBIN0003186

GUDURU ROAD T KRISHNA A P 521366

Branch
Pedana

SBIN0021423

ANROADBESDEVENUGOPALASWAYTEPLEPEDANABRANCHDSTKRSHNA

Branch
Penamakur

SBIN0005814

THOTLAVALLURU MANDAL, DT KRISHNA, A P 521165

Branch
Penamaluru

SBIN0018251

MSR LEGEND APTS PENAMALURU CENTRE PENAMALURU DISTT KRISHNA ANDHRA PRADESH 521139

Branch
Penuganchiprolu

SBIN0002781

NANDIGAMA MANDAL, T KRISHNA , ANDHRA PRADESH 521190

Branch
Penumalli

SBIN0021823

3EUAIOST

Branch
Poranki

SBIN0011101

D NO 13 150,PORANKI,PENAMAKURU MANDAL, KRISHNA DIST AP 521137

Branch
Prajashakti Nagar, Vijaywada

SBIN0007899

VIJAYAWADA A S RAMARAO ROAD NEARMADHU KALA MANDAPA, KRISHNA, AP ,PIN - 520010

Branch
Putrela

SBIN0005654

DIST KRISHNA,A P 521423

Branch
Railway Wagon Workshop (guntupalli)

SBIN0006217

RLY HOSPITAL COMPLEX NEW AVENUE DISTT KRISHNA ANDHRA PRADESH 521241

Branch
Rajendra Nagar

SBIN0011102

DOOR NO 10 154 D4 A E SEVA ROADRAJENDRA NAGAR,GUDIWADAKRISHNA DIST

Branch
Rajupet Adb

SBIN0005880

DISTKRISHNA ANDHRA PRADESH 521235

Branch
Ramavarappadu

SBIN0011100

ANDRAPRADESHSTATE

Branch
Rayanapadu

SBIN0020397

WOKHTCT

Branch
Rguiiit Nuzvid

SBIN0021233

GTCAMPSMYLAVAAMOADNZVD

Branch
SatnarayanPuram, Vijayawada

SBIN0009001

HANUMAN STREET, NEAR SHIVAJI ,CAFE, VIJAYAWADA,KRISHNA PIN - 520011

Branch
Sbiintouch Eluru Road, Vijayawada

SBIN0019221

VISHNU NAGAR, ELURU ROAD,VIJAYAWADA, DISTT.KRISHNA. ANDHRA PRADESH-520002

Branch
Sbild Masulipatnam

SBIN0007858

OPP LAKSHMI TALKIES,MACHAVARAM,MASULIPATNAM,DISTT.KRISHNA.ANDHRA PRADESH-521002

Branch
Service Br, Vijayawada

SBIN0009388

VIJAYAWADA,AP

Branch
Sib Branch, Vijayawada

SBIN0005947

PRAKASAM ROAD, SBI ZO PREMIS, SURYARAOPETA, VIJAYAWADA ,PIN - 520002

Branch
Spb Patamata, Vijaywada

SBIN0004243

74-13-38 1ST FLOOR M G ROADPATAMATAVIJAYWADA ,PIN-520007

Branch
Specialised Mid Corporate Branch, Vijayawada

SBIN0016576

DNO.48 10 20, VEERAMACHANENI RESIDENCY, NEAR NTR MEDICAL UNIVERSITY, RAMAVARAPPADU RING ROAD, VIJAYAWADA, DIST KRISHNA, ANDHRA PRADESH520008.

Branch
SriNagar

SBIN0011097

DOOR NO 23 35 40 BY 1,LAKSHMI NAGAR,SATYANARAYANAPURAM, VIJAYAWADA, AP 520011

Branch
Station Road Vijayawada

SBIN0003481

RAILWAY STATION RD,VIJAYAWADA,KRISHNA,AP

Branch
Suryaraopet

SBIN0011098

DOOR NO 29 14 59,PRAKASAM ROAD, SURYARAOPET, VIJAYAWADA 520002

Branch
Tadigadapa Panamaluru

SBIN0021826

N227NEARRAMALAYAMTEMPLETAIGAAPAVILLAGE

Branch
Telaprolu

SBIN0002798

GANNAVARAM TALUK, T KRISHNA , ANDHRA PRADESH 521109

Branch
Tiruvur

SBIN0000794

DISTKRISHNA ANDHRA PRADESH 521235

Branch
Treasury Branch Ibrahimpatnam

SBIN0018876

ANJANEYA TOWERS, 1ST FLOOR, IBRAHIMPATNAM, DIST.KRISHNA, ANDHRA PRADESH- 521456

Branch
U G Hospital Vijayawada

SBIN0021050

N534STFLRGANTASALAVARISTREETGAYATHRINAGARVIJAYAWAA

Branch
Unikili

SBIN0007530

UNIKILI

Branch
Ventrapragada

SBIN0003365

DIST KRISHNA, A P 521263

Branch
VidhyadharaPuram

SBIN0011099

K B N COLLEGEVIJAYAWADA 520001

Branch
Vijayawada

SBIN0040359

N R P RD,VIJAYAWADA

Branch
Vijayawada

SBIN0050577

24 1 66A SAMBHAMURTHY ROAD DURGAPURAM VIJAY WADA

Branch
Vijayawada

SBIN0070540

NCKPLAZA,DNO58-2-35,NTRCIRCLE,BAGAIAHBAZAR,PATAMATABANDARROAD520002VIJAYAWADAATSBTCO

Branch
Vijayawada BhavaniPuram

SBIN0020515

HIUMIJW

Branch
Vijayawada ChittiNagar

SBIN0020714

ODHNGYDYD

Branch
Vijayawada Civil Courts Branch

SBIN0020936

GPL Y GPIY

Branch
Vijayawada GandhiNagar

SBIN0020169

RRATOWERELRROADEETHARAMPRAMVJAAWADAKRHNADT

Branch
Vijayawada Governorpet

SBIN0020343

LRJYCMMERCLCMPLEXBESDEHTELKRSHNRESDENYGERNRPETJYWD

Branch
Vijayawada MogalrajaPuram

SBIN0020899

N551KASTURIBAIPETCENTREMGALRAJAPURAMVIJAYAWAA

Branch
Vijayawada Sc Railway

SBIN0020713

IIINLFFIERLYBRNHIJYW

Branch
Vijayawada Sib Branch

SBIN0020752

GURUNANAK NAGAR ROADOPPKANAKDURGA COLONY AUTONAGAR ROADVIJAYAWADA ANDHRA PRADESH

Branch
Vijaywada

SBIN0000948

BRP ROAD, BESIDE H.P.O., VIJAYAWADA, ANDHRA PRADESH - 520 001

Branch
Vissannapeta

SBIN0011998

DIST KRISHNASTATE ANDHRA PRADESH

Branch
Viswanathapalli Kothapalem

SBIN0008296

DIST KRISHNA,A P 521124

Branch
Vmc, Vijayawada

SBIN0010046

VIJAYAWADA MUNICIPAL CORPORATION, NEHRU BLDGS., VMC CAMPUS, CANAL ROAD, VIJAYAWADA 520001

Branch
Voppangi

SBIN0022030

R1288140VPPAGIVPPAGIVILLSRIKAKULAMIST

Branch
Vtps Ibrahimpatnam

SBIN0020779

VSACCUNSFFICEIBRAHIMANAMKRISHNAD

Branch
Vutukuru

SBIN0021647

NANRVUTUKURUGAPALAGUEKRSHNAST

Branch
Vuyyur

SBIN0020772

1SRISAIDURGATOWERTHOTLAVALLURUROADVUYYURUKRISHNADIST

Branch
Vuyyuru

SBIN0001408

DISTKRISHNA ANDHRA PRADESH 521165

Branch
Yenamalakuduru - Panamaluru

SBIN0021922

N11901NTRBUSSTPMAINRADYENAMALAKUDURU

Branch
Zio, Vijayawada

SBIN0061033

CNR COMPLEX, FIRST FLOOR, SRI RAMACHANDRA NAGAR, NEAR AYUSH HOSPITAL, VIJAYAWADA, DISTT KRISHNA ANDHRA PRADESH 520008

Branch
Zonal Office, Vijayawada

SBIN0006745

LABBIPETM G ROAD VIJAYAWADA DISTKRISHNA STATE ANDHRA PRADESH PIN520010

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.