Select Branch for State Bank Of India in BhavNagar, Gujarat
Choose a branch to view IFSC code and details
Admin Office, BhavNagar
SBIN0012825
ADMIN OFFICE,BHAVNAGAR,DISTADMIN OFFICE,BHAVNAGAR
Ambla
SBIN0015813
MAIN BAZAR, AMBALA, TEHCIL.SIHOR,DISTRICTBHAVNAGAR. GUJARAT 364210
Bhagwati Circle BhavNagar
SBIN0016050
SHIVRANJANI APARTMENT, BHAGWATI CIRCLE, KALIYABID, BHAVNAGAR 364002
Bharat Nagar, BhavNagar
SBIN0016049
VAASTRUSHRI PLOT NO.1112, BHAGYAGODAY SOCIETY, RING ROAD, BHARAT NAGAR,DISTT. BHAVNAGAR. GUJARAT 364001
BhavNagar Para
SBIN0004865
GADHACHI VADLA,BHAVNAGAR,GUJARAT,PIN364003
BhavNagar, AnandNagar
SBIN0060171
RUVAPARI ROAD,OPP VELLO INDUSTRY,PB NO366 BY A,ANANDNAGAR,BHAVNAGAR 364002
BhavNagar, Chitra
SBIN0060231
PLOT NO219 BY 511,NEAR SWAMINARAYAN GURUKUL,GIDC CHITRA,BHAVNAGAR 364004
BhavNagar, Darbargadh
SBIN0060007
DARBARGADH POST BOX NO 112 AMBA CHOWK BHAVNAGAR
BhavNagar, Kalanala
SBIN0060008
KALANALA BRANCH,KALANALA,BHAVNAGAR 364001
BhavNagar, Kalavibid
SBIN0060411
PLOT NO DM 24 BY 25 KALIYABID MAIN ROAD BHAVNAGAR 364002
BhavNagar, KrishnaNagar
SBIN0060009
CRECENT CIRCLE,KRISHNANAGAR,BHAVNAGAR 364001
BhavNagar, Kumbharwada
SBIN0060166
AASUMA MANZIL,PLOT NO756,NEAR KUMBHARWADA CIRCLE,BHAVNAGAR 364006
BhavNagar, Nilambaug Chowk
SBIN0060318
1 SHRI LVSENJALIA,ASST GENERAL MANAGER 2 SHRI AVTRIVEDI CHIEF MANAGER
BhavNagar, SadarNagar
SBIN0060288
PLOT NO 1923 BY C1 NEAR SINDHUNAGAR BUS STOP SARDARNAGAR,BHAVNAGAR 364002
BhavNagar, Sp.ind.Finance
SBIN0060415
SP INDUSTRIAL FIN BR SBS BUILDING 1ST FLOOR,KALANALA BHAVNAGAR 364001
BhavNagar, Treasury
SBIN0060355
TREASURY BRANCH,MARCHA GALI,AMBA CHOWK,BHAVNAGAR 364001
BhavNagar,vadva
SBIN0060010
PHACHARIYA WADI,PANWADI ROAD,VADVA,BHAVNAGAR 364001
BhavNagar,vidyaNagar
SBIN0060120
UNIVERSITY CAMPUS,PLOT NO95,OPPVIDYANAGAR BUS STOP BHAVNAGAR 364002
Cac, BhavNagar
SBIN0060935
CAC BHAVNAGAR,1ST FLOOR,NILAMBAUG BRANCH,NILAMBAUG CHOWK,BHAVNAGAR,DIST BHAVNAGAR 364001
Capc BhavNagar
SBIN0080151
CENTRALLIZED AGRI PROCESSING CENTRE ( CAPC),4TH FLOOR,SBI ADMIN OFFICE BUILDING,NILAMBAUG CIRCLE,BHAVNAGAR-364001
Diwanpara
SBIN0001842
MANGAL BHAVAN, DIWANPARA ROAD, BHAVNAGAR, GUJARAT, PIN 364001
Document Archival Centre BhavNagar
SBIN0012232
PERCIVAL MARKET,AMBA CHOWK,NEAR TREASURY BRANCH,DARBARGADH,BHAVNAGAR,364001
Iskon Mega City Branch
SBIN0016688
SHOP NO 9 10 11,HIMALAYA SQUARE BLDG,NEAR STERLING HOSPITAL,BHAVNAGAR,DISTT.BHAVNAGAR.GUJARAT 364001
Lcpc BhavNagar
SBIN0015154
3RD FLOOR, ADMINISTRATIVE BUILDING,NILAMBAUG CHOWK, BHAVNAGAR 364001
Malvav
SBIN0013472
TAL MAHUVA,DIST BHAVNAGARPIN 364130
Mig Liii Ground Floor, Near Jain Derasar
SBIN0060455
MIG53,GROUND FLOOR,NEAR JAIN TEMPLESHASTRINAGAR
Moti Jagdhar
SBIN0013474
TAL MAHUVA,DISTRICT BHAVNAGAR364295
Nari
SBIN0003764
DIST BHAVNAGAR, GUJARAT 364 055
Rbo I, BhavNagar
SBIN0013095
2ND FLOOR,NEW ADMINISTRATIVE BUILDING,NILAMBAUG CHOWK,BHAVNAGAR,DIST BHAVNAGAR 364001
Rbo Office Fi And Mm BhavNagar
SBIN0062709
BHAVNAGAR, BHAVNAGAR
Ring Road, BhavNagar
SBIN0018869
THE CAPITAL, ADHEWADA, BHAVNAGAR, DISTT.BHAVNAGAR. GUJARAT-364001
Sarb BhavNagar
SBIN0018735
ADMINISTRATIVE BUILDING, 2ND FLOOR, NILAMBAUG CIRCLE, BHAVNAGAR, DIST.BHAVNAGAR, GUJARAT-364 001
Sblc BhavNagar
SBIN0060940
2293, VALLABHI, HILL DRIVE, BHAVNAGAR, DISTT.BHAVNAGAR. GUJARATH-364001
Shivaji Circle
SBIN0013539
NEAR SHIVAJI CIRCLE,PANCHWATI CHOWK,SUBHASHNAGAR,BHAVNAGAR 364002
Sme Branch BhavNagar
SBIN0063762
ADMINISTRATIVE BUILDING,NILAMBAUG CHOWK,BHAVNAGAR-364001
Smecc,bhavNagar
SBIN0015802
SMECC, BHAVNAGAR, STATE BANK OF INDIA, ADMINISTRATIVE BUILDING, 1ST FLOOR, NILAMBAUG, DIST BHAVNAGAR 364001
SubhasNagar,bhavNagar
SBIN0013382
KANUBHAI THAKKER,AIR PORT ROAD,SUBHASHNAGAR.,DISTBHAVNAGAR364002
Trapaj
SBIN0018871
TRAPAJ, ALANG ROAD, BESIDES PRIMARY SCHOOL, TRAPAJ, TAL. TALAJA, DIST. BHAVNAGAR, GUJARAT-364150
VaghNagar
SBIN0015819
VRAJBHUMI FULWADI AREA, C/O DR.H.V.BHATT, VILL VAGHNAGAR,TEHSIL MAHUVA, DISTT. BHAVNAGAR. GUJARAT 364290
Waghawadi Road
SBIN0060439
PLOT NO8 BY A,GANGOTRI PLAZAANADVATIKA HOSPITAL STREETWAGHWADI,BHAVNAGAR
Waghawadi Road, BhavNagar
SBIN0010863
DIST BHAVNAGARSTATE GUJARAT
Zonal Inspection Office, BhavNagar
SBIN0013523
NILAMBAUG CHOWK,BHAVNAGAR
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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