Select Branch for State Bank Of India in Bangalore, Karnataka
Choose a branch to view IFSC code and details
Administrative Unit, Zonal Office, Zone, Network Ii, Bangalore
SBIN0015895
NO.91/1, II FLOOR, STATE BANK BUILDING, INFANTRY ROAD, SHIVAJINAGAR, BANGALORE560001.
Adugodi
SBIN0017786
VIMRATH TOWER,59 BY 2,1ST FLOOR LASKAR HOSUR ROAD,ADUGODI,BANGALORE,DISTT.BANGALORE.KARNATAKA 560030
Aecs B Layout
SBIN0041190
NO 739 THE AIRCRAFT EMPLOYEES CO OPERATIVE SOCIETY LTD LAYOUT B LOCK BEGUR HOBLI SINGASANDRA VILLAGE 80FEET MAIN ROAD BANGALORE 560027
Akash Nagar
SBIN0015033
9/2, B NARAYANAPURA, AKASH NAGAR, K R PURAM HOBLI, BANGALORE560016
AnanthaPura Gate
SBIN0041203
NPA REDDY ARCADE ANANTHAPURA YELHANKA BANGALORE 560085
Andrahalli
SBIN0016874
NO.43 AND 44,SOUNDARYA EXTENSION,ANDRAHALLI MAIN ROAD,BANGALORE,DISTT.BANGALORE.KARNATAKA 560091
Attoor Layout, Bangalore
SBIN0013282
ADJECENT TO KMF DAIRY,80FT DOUBLE ROAD,YELAHANKA SETELLITE TOWN,560064
Bagalur
SBIN0021733
O3271GROUDFLOORYELAHAKABAGALURMAIROADBAGALUR
BanagiriNagar
SBIN0018230
NO3DEVAGIRIDIVINE,30THMAIN,BSKEXTN,BANGALORE,DISTT.BAGALOREURBAN,KARNATAKA560070
Bashattihalli Indl.eState
SBIN0008988
KIADB COMMERCIAL COMPLEX, BASHETTIHALLI, DODDABALLAPUR, BANGALORE RURAL- 561203
Begur
SBIN0018916
RADIANT SHINE COMMERCIAL BUILDING, S.NO.53-3, YELANAHALLI, BEGUR, DISTT.BANGALORE. KA-560068
Beml Layout, RajarajeswariNagar
SBIN0016223
NO, 251 HALEGEVDARAHALLI ROAD, 60 FT ROAD, RAJARAJESWARINAGAR, DIST BANGALORE, KARNATAKA 560098
Bhoopsandra
SBIN0017783
NO.1,KALPANA CHAWLA ROAD,BHOOPASANDRA,HEBBAL,BANGALORE,DISTT.BANGALORE.KARNATAKA 560094
Bommanahalli, Bangalore
SBIN0011285
BOMMANAHALLI,BANGALORE560068
Brigade Metropolis, Bangalore
SBIN0015034
M/S BRIGADE ENTERPRISES, WHITEFIELD ROAD, BANGALORE 560016.
Btm 1st Stage Bangalore
SBIN0017737
BTM 1ST STAGE BRANCH,12,100 FEET RING ROAD,BTM 1ST STAGE,BANGALORE,DISTT.BANGALORE.KARNATAKA 560068
Btm 4th Stage, Bangalore
SBIN0014512
48 BY 107,80 FEET DOUBLE ROAD,2ND BLOCK,4TH STAGE,BTM LAYOUT,BANGALORE 560076
Cac Bangalore North
SBIN0005215
STATE BANK OF INDIA, 1ST FLOOR, SBI HEBBAL BRANCH BUILDING, 12/13, LAKSHMAYYA LAYOUT, GANGANAGAR NORTH,BANGALORE, DIST BANGALORE560024
Ccpc Ii Bangalore
SBIN0040743
STATE BANK OF INDIA,CCPC-2,III FLOOR,SHANTARAM BESTOWAL ,LALBAGH MAIN ROAD,SHUDHAMANAGAR,BANGALORE-560027
Channasandra
SBIN0017780
NO.147,JAWAHARLAL NEHRU MAIN ROAD,CHANNASANDRA,RARAJESHWARI NAGAR,BANGALORE,KARNATAKA 560098
Chikkajala
SBIN0041073
1ST FLOOR KHANASHUMARI NO 131 AND 132 CHIKKAJALA VILLAGE DODDAJALA POST BANGALORE NORTH TALUK
Coffee Board Layout
SBIN0013281
AKSHAYA PURVA APARTMENT,COFFEE BOARD LAYOUT,KAMPAPURA HEBBAL 560024
Curency Administration Cell, Bangalore South
SBIN0005216
SBI ZONAL OFFICE ANNEX BUILDING, LHO COMPOUND, ST. MARKS ROAD, BANGALORE560001
Dasarahalli
SBIN0017736
NO.590 BY 33,BUVANESHWARINAGAR,T.DASARAHALLI,BANGALORE,DISTT.BANGALORE.KARNATAKA 560057
Dlf Newtown, Bangalore
SBIN0015022
8, DLF TOWNSHIP ROAD, BEGUR P.O., BANGALORE, KARNATAKA560068
Document Archival Centre Dac Bangalore
SBIN0010410
DOCUMENT ARCHIVAL CENTRE DAC BANGALORE, 45 B,2ND PHASE, PEENYA INDUSTRIAL AREA,BANGALORE ,PEENYA, BANGALORE PIN 560058
Doddakallasandra
SBIN0017650
NO 761 BY 68 BY 1 BY 1,DODDAKALLASANDRA,KANAKAPURA MAIN ROAD,DIST.BANGALORE.KARNATAKA 560062
Doddanekundi
SBIN0015615
25/7, SRI KOTE ASHIRWAD TOWERS, OUTER RING ROAD, DODDENAKUNDI, BANGALORE560037.
Domlur Branch, Bangalore
SBIN0016877
NO. 535, GURMUKH SINGH COMMERCIAL COMPLEX, AMARJYOTHI H.B.C.S. LAYOUT, DOMLUR, DIST BANGALORE, KARNATAKA 560071
DwarkaNagar, Bangalore
SBIN0015642
NO. 172 1 3, IIND MAIN, THAYAMMA LAYOUT, DWARAKANAGAR, NEAR BRAINDAVAN ENGINEERING COLLEGE, BAGALUR ROAD, BANGALORE 560063
Fort Branch
SBIN0007484
B.M.C.CAMPUS, K R ROAD,BANGALORE PIN 560002
Fslo, Bangalore
SBIN0001900
ANNEXE BUILDING,65 ST.MA RKS RO AD,BANGAALORE,DISTBANGALORE560001
GandhiNagar
SBIN0013283
NO.274,N R G V ROAD,SUBEDAR CHATRAM ROAD,GANDHINAGAR,BANGALORE560009
GiriNagar 3rd Phase, Bangalore
SBIN0016222
178, AVALAHALLI MAIN ROAD, GIRINAGAR, BANASHANAKARI 3RD STAGE, BANGALORE560085.
Goc Bangalore
SBIN0061145
IST FLOOR, KANAKAS PRIDE,BULL TEMPLE ROAD, OPP RAMAKRISHNA ASHRAM, BASAVANAGUD,BANGALORE-560004
Gottigere
SBIN0017607
39 44,JAMBUSAVARI DINNE ROAD,OFF BANNERGHATTA ROAD,GOTTIGERE,DISTT.BANGALORE.KARNATAKA 560083
HanumanthaNagar
SBIN0017781
NO 3,MOUNT JOY ROAD,HANUMANTHANAGAR,BANGALORE,DISTT.BANGALORE.KARNATAKA 560019
Hennur Road Bangalore
SBIN0014933
HENNUR CROSS,OPP INDIAN ACADEMY COLLEGE,BANGALORE,560043,
Hmt Area, Bangalore
SBIN0016335
5/34, HMT SCHOOL MIAN ROAD, JALAHALLI, DIST. BANGALORE, KARNATAKA 560013.
Hoodi, Bangalore
SBIN0016234
NO. 325, HOODI MAIN ROAD, HOODI, MAHADEVAPURA POST, DIST BANGALORE, KARNATAKA560048.
Horamavu
SBIN0040807
NO 21 AND 22,OPPSYCON APARTMENTS,HORAMAVU MAINROAD,HORAMAVU,BENGALURU 560043
Hosakerehalli
SBIN0041189
NO 23 24 KALABHAVAN KEREKODI MAIN ROAD BSK III STAGE HOSAKEREHALLI BANGALORE 560085
Hsr Layout, Bangalore
SBIN0070802
2331B,17THCROSS,1STSECTOR,HSRLAYOUT560102HSRLAYOUTATSBTCOIN
Hulimavu, Bangalore
SBIN0014951
5 AND 10,ASK MANSION,SYNDICATE BANK COLONY,BANNERGHATTA MAIN ROAD,BANGALORE,560076
Hybrid Contact Center, Banglore
SBIN0063965
NO.31-2,SBI CONTACT CENTETR,M/S TELEPERFORMANCE PREMISES,NEXT TO VIDYANIKETAN SCHOOL,KEMPAPURA,HEBBAL,BANGALORE 560024
Inner Ring Road, Domlur, Bangalore
SBIN0015035
NO.4/1, INNER RING ROAD, DOMLUR, BANGALORE560071.
J P Nagar Iind Phase
SBIN0017649
S.V.PLAZA,NO 51 AND 52,8TH MAIN,9TH CROSS,J.P.NAGAR IIND PHASE,BANGALORE,KARNATAKA 560078
Jakkasandra, Bangalore
SBIN0016213
NO.591, R N CHAMBERS, KORAMANGALA 3RD BLOCK, SARJAPUR ROAD, DIST. BANGALORE, KARNATAKA560034.
JayaNagar 7th Block, Bangalore
SBIN0015644
NO. 12, A12, 2ND MAIN, 7TH BLOCK, JAYANAGAR, BANGALORE 560082
JayaNagar 8th Block, Bangalore
SBIN0015658
NO.311, 1ST MAIN ROAD, 8TH BLOCK JAYANAGAR, BANGALORE560052.
Jp Nagar 4th Phase, Bangalore
SBIN0015643
NO.16, 4TH PHASE, JP NAGAR DOLLAR COLONY NEXT TO KALYANI TECH PARK, BANGALORE 560078
K R Puram, Bangalore
SBIN0016235
NO. 103/104, DEVASANDRA MAIN ROAD, OPP VENUGOPALSWAMY TEMPLE K R PURAM, DIST. BANGALORE, KARANATAKA 560036.
Kalyan Nagar
SBIN0017735
DR.MUNAVERS COMPLEX,NO.405,5TH MAIN,HRBR,2ND STAGE KALYAN NAGAR,BANGALORE,KARNATAKA 560043
Karnataka Layout Kurubaraballi
SBIN0017346
NO.34,KARNATAKA LAYOUT,KURUMBARAHALLI MAIN ROAD,BANGALORE,DIST.BANGALORE.KARNATAKA 560 086
Kasavanahalli, Bangalore
SBIN0016212
L K PLAZA, SY.NO. 9/1, VARTHUR HOBLI, KASAVANAHALLI MAIN ROAD, BANGALORE. KARANATKA560035.
Kathriguppe, Bangalore
SBIN0014962
78 BY 1,R K REGENCY,KATHRIGUPPE MAIN ROAD,,BANASHANKARI 3RD STAGE,BANGALORE 560085
Kothanur
SBIN0017734
NO.9 BY 2,PATEL RAMAIAH COMPLEX,KOTHUR MAIN ROAD,KOTHUR,BANGALORE,DISTT.BANGALORE.KARNATAKA 560077
Kothnur Dinne
SBIN0017808
TANANYA MANSIONS,NO 94,4TH CROSS,NRUPATHUNGA NAGAR,J.P.NAGAR 8TH PHASE,BANGALORE.KARNATAKA 560078
Kudlu
SBIN0017609
KUDLU BRANCH,NO.61 KUDLU MAIN ROAD,BANGALORE,DISTT.BANGALORE.KARNATAKA 560068
Laggere
SBIN0013445
LAGGERE MAIN ROAD,PARWATINAGAR,BANGALORE N,DISTBANGALORE560058
Lcpc Bengaluru
SBIN0015155
PRAGATHI MAHALAKSHMI NO.62, 1ST MAIN, 3RD CROSS YESHWANTPURA INDUSTRIAL SUBURB BANGALORE560 022
LingarajPuram
SBIN0017782
TRINITY COMPLEX,NO.34,80 FEET ROAD,HBR LAYOUT,BANGALORE,DISTT.BANGALORE.KARNATAKA 560043
MahalakshmiPuram Branch
SBIN0017347
201,60 FT MAIN ROAD,INDUSTRIAL WORKERS LAYOUT,SHANKARNAGAR,MAHALAKSHMIPUR,BANGALORE.KARNATAKA 560086
Munnekolalu, Bangalore
SBIN0016296
NO.76, NEAR VAGDEVI VILAS PU COLLEGE, MUNNEKOLALU, MARATHAHALLI POST, BANGALORE560037.
NaganathaPura
SBIN0041193
NARMADA,48 3,NAGANATHAPURA,RAYASANDRA ROAD,BANGALORE 560100
Nagashettihalli, Bangalore
SBIN0015025
NO.17,BADRAPPA LAYOUT,BANGALORE,BANGALORE,560094
Nagavara
SBIN0041207
BVR LAKE FRONT,NO 40 32 50 1 2, FLAT 001, NAGAVARA VILLAGE,KASABA HOBLI,OUTER RING ROAD,VEERANNAPALYA, BANGALORE 560045
New Tippasandra, Bangalore
SBIN0015645
SRINIDHI LANDMARK, 12/1, NEW THIPPASANDRA MAIN ROAD, BANGALORE 560075.
Nri, Airport Road, Hebbal
SBIN0016858
PSR MARVEL, NO.32, BELLARY HEBBAL MAIN ROAD, HEBBAL, BANGALORE,DISTT. BANGALORE URBAN.KARNATAKA 560024
Office Administration, Zonal Office, Bangalore
SBIN0003979
POST BOX NO. 5104,48, CHURCH STREET,BANGALORE
Panathur Branch
SBIN0017040
NO.132 BY 8,PANATHUR JUNCTION,PANATHUR,MARATHAHALLI,BANGALORE,DISTT.BANGALORE.KARNATAKA 560037
Pbb Bellandur
SBIN0017608
PBB BELLANDUR,34 BELLANDUR OUTER RING ROAD,BELLANDUR,BANGALORE,DIST.BANGALORE.KARNATAKA 560103
Pbb Hsr Layout, Bangalore
SBIN0016211
NO. 113, SITE NO. L4L29, PINE PLATINUM, L H COLONY, SECTOR 6, HSR LAYOUT, BANGALORE. KARNATAKA560034
R A S E C C Bengaluru
SBIN0021014
1190,ISTFLOOR,JCROAD,BENGALURU,BANGALORE URBAN
Racpc Banasawadi, Bangalore
SBIN0015628
MARUTI MANSION, 7M 422, 80FT ROAD, OPP HRBR CLUB, BANASAWADI, BANGALORE,KARNATAKA560043
Racpc Koramangala, Bangalore
SBIN0015627
NO.12, 3RD FLOOR, 7TH MAIN, ABOVE NRI KORAMANGALA BRANCH , 3RD BLOCK KORAMANGALA, BANGALORE560034.
Racpc Whitefield
SBIN0017753
NO.117,NIELRAO TOWERS,ROAD NO 3,EPIP PHASE 1,WHITEFIELD,BANGALORE,DISTT.BANGALORE.KARNATKA 560066
Racpc Yelahanka
SBIN0018994
PRESTIGE STAR,SY NO-51-1,NEXT TO MOTHER DAIRY,YELAHANKA RING ROAD,BANGALORE,DISTT.BANGALORE.KARNATAKA-560064
RajajiNagare Block, Bangalore
SBIN0015322
NO. 80, 3RD MAIN, E BLOCK, SUBRAMANYANAGAR ROAD, 2ND STAGE RAJAJINAGR, BANGALORE560010.
Rbo R Nw Bangalore
SBIN0015171
3RD FLOOR KANAKAS PRIDE BASAVANAGUDI BULL TEMPLE ROAD BANGALOREKARNATAKA560004
Rbo R Nw Bangalore
SBIN0015172
RBOREGN3NETWORK 11313RD FLOORKANAKA PRIDEBASAVANAGUDIDISTBANGALOREKARNATAKA560004
Rbo R Nw Bangalore
SBIN0015173
3RD FLOOR KANAKAS PRIDE BASAVANAGUDI BULL TEMPLE ROAD BANGALOREKARNATAKA560004
Rbo R Nw Bangalore
SBIN0015174
3RD FLOOR KANAKAS PRIDE BASAVANAGUDI BULL TEMPLE ROAD BANGALOREKARNATAKA560004
Rbo,r Bangalore
SBIN0015170
13-1, KANAKA PRIDE, OPP RAMAKRISHNA MATH, BULL TEMPLE ROAD, BASAVANAGUDI, BANGALORE 560004
Region I
SBIN0040587
BANGALORE ZONE I,B K G COMPLEX,AVENUE ROAD,BANGALORE 560009
Region Ii
SBIN0040588
BANGALORE ZONE I,B K G COMPLEX,AVENUE ROAD,BANGALORE 560009
Region Iii
SBIN0040589
BANGALORE ZONE I,B K G COMPLEX,AVENUE ROAD,BANGALORE 560009
Region Iv
SBIN0040590
BANGALORE ZONE I,B K G COMPLEX,AVENUE ROAD,BANGALORE 560009
SaiNagar
SBIN0018233
D101E101SARAVANATRANQULHEIGHTS,HESARAGHATTAROAD,BANGALORE,KARNATAKA560097
Sandeep Vihar Awhc, Whitefiled
SBIN0018789
SANDEEP VIHAR ARMY WELFARE HOUSING COLONY, POST KANNAMANGALA, WHITEFIELD, BANGALORE, DISTT.BANGALORE. KA-560067
Sarakki, Bangalore
SBIN0015641
NO. 1A, SBI COLONY, SARAKKI, J P NAGAR, IST PHASE, KANAKAPURA ROAD, BANGALORE 560078
Sathanur
SBIN0040920
KHATA NO 67 BY 1 SATHANUR VILLAGE JALA HOBLI BANGALORE NORTH TALUK KARNATAKA 562157
Sector-1,hsr Layout,bangalore
SBIN0030495
N2627,27TH MAIN OP.CPWD QUARTORS SECTOR1
Smec Koramangala
SBIN0040688
8-6, I AND II FLOOR, RANGARAO ROAD SHANKARPURAM, BANGALORE 560 004
Smeccc, Peenya, Bangalore
SBIN0015913
LOTUS 161, 10TH MAIN, 3RD PHASE, PEENYA INDUSTRAIL AREA, PEENYA, BANGALORE560058.
Specialised Nri Branch, J P Nagar
SBIN0016224
15,15TH CROSS, J P NAGAR 6TH PHASE, BANGALORE. KARNATAKA 560078
Specialized Agri Commercial Branch, Bangalore
SBIN0014431
SPB BRANCH BUILDING,65,ST.MARKS ROAD,BANGALORE,DISTBANGALORE560001
Subbaiah Layout, Bangalore
SBIN0016297
S R ORIDE, WARD NO. 85, SUBBAIAH LAYOUT, BEHIND GOVT HIGH SCHOOL, DODDANEKKUNDI, BANGALORE560037.
SubhashNagar
SBIN0041206
MADHU COMPLEX NO 9 TC PALYA MAIN ROAD SUBHASHNAGAR BATTERAHALLI BANGALORE 560049
Surathkal City
SBIN0015314
GROUND FLOOR, SATISH COMPLEX, OPP GOVINDDASA COLLEGE, SURATHKAL KARNATAKA 575014
Surya Nagar
SBIN0017606
SURYA NAGAR PHASE I,NO.21,22,29 AND 30,ANEKAL CHANDAPURA MAIN ROAD,DIST.BANGALORE.KARNATAKA 560099
Thindlu
SBIN0041208
NO. 262 239, KODIGEHALLI MAIN ROAD, THINDLU, BANGALORE 560097
Thubarahalli Branch
SBIN0017042
NO.526,8TH MAIN,BEML LAYOUT,THUBARAHALLI,BANGALORE,DISTT.BANGALORE URBAN.KARNATAKA 560066
ThygarajaNagar
SBIN0007984
47,MAIN ROAD,BANGALORE
Varthur
SBIN0017785
FIRST FLOOR,NO.14,MAIN ROAD,VARTHUR,BANGALORE,DISTT.BANGALORE.KARNATAKA 560087
VibhutiPura, Bangalore
SBIN0016336
NO. 3, 1ST BLOCK, TALACAUVERY NAGAR, VIBHUTIPURA, BASAVANAGAR, BANGALORE560037.
Vijaya Bank Layout
SBIN0041194
VIJAYA BANK LAYOUT, 60FT MAIN ROAD, SHANBHAG NAGAPPA LAYOUT, BILEKAHALLY, OFF BANNERUGHATTA ROAD,BANGALORE 560076
Vishweshwaraiah Layout, Bangalore
SBIN0016225
80, M VISHWESHWARAIAH LAYOUT, 3RD BLOCK, DOUBLE ROAD , DIST. BANGALORE, KARNATAKA 560056.
Visvesvaraya Layout
SBIN0041192
AKSHAYA LAKE VIEW GIDADAKONENAHALLI MUDDENPALYA MAIN ROAD NEAR 60 FEET ROAD BANGALORE 560097
Yemalur Bangalore
SBIN0016295
SY NO. 37/7, YEMALUR MAIN ROAD, NEAR LOGICA SOFTWARE COMPANY, YEMALUR, BANGALORE560037.
Zonal Inspection Office, Bangalore
SBIN0008755
ARIHANT CHAMBERS,NO58,1ST MAIN ROAD,
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.
Latest Blog Posts
-
Advance EMIs Explained: How Early Payments Can Save You Money & Strengthen Your Credit
Paying EMIs in advance reduces loan interest, boosts your credit score, and lightens monthly burdens. Discover how advance EMIs improve your financial health.
-
Car Loan EMI Calculation Made Simple: Save More with Smart Planning
Calculate your car loan EMIs in seconds! Use our smart EMI calculator to compare options, save on interest, and plan your finances confidently.
-
Home Loans vs SIP Investments: Choose the Smarter Option for Your Future
Confused between SIP investments and home loans? Learn the pros and cons of each to make smarter, goal-based financial decisions. Find out what suits you best.
-
How to Accurately Calculate EMIs for Car Loans
Learn how to calculate car loan EMIs with precision. Understand key factors, use EMI formulas or calculators, and plan repayments confidently.
-
A Guide on How to Use a Mortgage Loan EMI Calculator
Learn how to use a mortgage loan EMI calculator step by step. Estimate monthly payments, compare loans, and plan better with accurate EMI calculations.