Select Branch for State Bank Of India in Bangalore Rural, Karnataka

Choose a branch to view IFSC code and details

Branch
Akkur

SBIN0040366

AKKUR,BANGALORE,KARNATAKA,AKKUR 562 124
Branch
Anchepalya

SBIN0041067

ANCHEPALYA NAGASANDRA POST DASANAPURA HOBLI BANGALORE NORTH TALUK
Branch
Apparel Park, DoddaballaPur

SBIN0011287

APPAEL PARK,DODDABALLAPUR,KAIDBBANGALORE 561 203
Branch
Arasinkunte

SBIN0011356

NETAJI.SUBHASCHANDRA.ROAD,NELAMANGALA,BANGALORE562123
Branch
B.e.l.factory Campus

SBIN0010369

BHARATH ELECTRONICS LIMITED,JALAHALLI, BANGALORE 560013
Branch
Bgs Nagar Beerasandra

SBIN0041188

BGS COMPLEX, BEERSANDRA VILLAGE ALUR DUDDANAHALLI POST, DEVANAHALLI DODDABALLAPUR ROAD, 562110
Branch
Budigere

SBIN0040980

VIJAYAPURA ROAD NEAR BUDIGERE BUS STAND
Branch
Challakere

SBIN0011264

DIST BANGALORE RURALSTATE KARNATAKA
Branch
Channapatna

SBIN0040025

CHANNAPATNA,BANGALORE,KARNATAKA 571 501
Branch
Chikkagollarahatti

SBIN0040894

SITE NO 1,CHIKKAGOLLARAHATTI,MAGADI MAIN ROAD,OPP SAI GARMENTS,DASANAPURA HOBLI,BANGALORE 562123
Branch
Chokkahalli

SBIN0040733

CHOKKAHALLI INDUSTRIAL AREA GATE CHINTAMANI ROAD HOSKOTE TALUK 562114
Branch
Devanahalli

SBIN0040032

DEVANAHALLI,BANGALORE,KARNATAKA, 562 110
Branch
Devanahalli

SBIN0016764

RAJARAOD COMPLEX, 16 TIPPU SULTAN ROAD, DEVANAHALLI, DIST BANGALORE RURAL, KARNATAKA 5620110
Branch
Dobbespet

SBIN0040731

UDDENESWAR COMPLEX SERVICE ROAD DOBBESPET 562111
Branch
DoddaballaPur

SBIN0040026

DODDABALLAPUR,BANGALORE,KARNATAKA 561 203
Branch
DoddaballaPur

SBIN0005313

DN 2302, BANGALORE ROAD, DODDABALLAPUR, DISTT BANGALORE URBAN, KARNATAKA, PIN 561 203
Branch
Doddadunnasandra

SBIN0041155

KHATHA NO 129 OLD SY NO.33 DODDADUNNASANDRA VILLAGE DEVANAGUNDI POST HOSKOTE TALUK
Branch
Gudemaranahalli

SBIN0040275

GUDEMARANAHALLI,TUMKUR,KARNATAKA,GUDEMARANAHALLI 562 127
Branch
Gundlupet

SBIN0010364

MAYSOR OOTY ROAD GUNDLUPET DIST CHAMARAJNAGAR KARNATAKA571111
Branch
Hiriyur

SBIN0011262

DIST BANGALORE RURALSTATE KARNATAKA
Branch
Honnasandra

SBIN0022106

HHI RHR
Branch
Hosakote

SBIN0040033

HOSAKOTE,BANGALORE,KARNATAKA, 562 114
Branch
Hoskote Adb

SBIN0001808

T G EXTENSION, HOSKOTE, DISTT. BANGALORE RURAL ,KARNATAKA 562 114
Branch
Hulikal

SBIN0040516

HULIKAL,MYSORE,KARNATAKA,HULIKAL 561101
Branch
Hunasamaranahalli

SBIN0040899

BIAR ROAD HUNASAMARANAHALLI JAALA HOBLI BANGALORE NORTH TALUK 562157
Branch
Itpl Complex

SBIN0011291

INDUSTRIAL ZONA,WHITE FILED ROADSADAR MANGALABANGALORE 560066
Branch
Jadigenahalli

SBIN0040193

JADIGENAHALLI,BANGALORE,KARNATAKA, 562 114
Branch
Jalamangala

SBIN0040390

JALAMANGALA,BANGALORE,KARNATAKA,JALAMANGALA 571 511
Branch
Jigani

SBIN0011355

CA.4.BY.1,APC.CIRCLE.JIGANI.INDL.AREA.I.PHASE,JIGANI,BANGALORE562106
Branch
Kadabagere Cross

SBIN0040893

MACHOHALLY POST MAGADI MAIN ROAD BANGALORE 560091
Branch
Kadur

SBIN0011332

DIST BANGALORE RURALSTATE KARNATAKA
Branch
KaggadasaPura

SBIN0011290

SITE NO 21 AND 22 KAGGADSAPURA MAINROAD BANGALORE 560075
Branch
KanakaPura

SBIN0040029

KANAKAPURA,BANGALORE,KARNATAKA, 562 117
Branch
Kengeri

SBIN0011282

I ST MAIN ROAD,2 ND CROSS KENGERISATELLITE TOWN BANGALORE 560060
Branch
Kudur

SBIN0040034

KUDUR,BANGALORE,KARNATAKA, 561 101
Branch
Magadi

SBIN0040030

MAGADI,BANGALORE,KARNATAKA, 562 120
Branch
Malur

SBIN0011294

MALURSIDDAGANA COLLEGE CAMPUS,KOLAR MALUR ROAD,DIST KOLAR,KARNATAKA563130
Branch
Mandur

SBIN0040919

MANDUR BUDIGERE CROSS RD.BANGALORE EAST TALUK BANGALORE DIST PIN 560 049
Branch
Motagondanahalli

SBIN0018287

MOTAGONDANAHALLI GRAM PANCHAYAT OFFICE, MAGADI TALUK, SOLUR HOBLI, DISTT.RAMANAGAR. KARNATAKA-562127
Branch
Mudigere Adb

SBIN0003102

K.M.ROAD, DISTT. BANGALORE RURAL, KARNATAKA 577 132
Branch
Narasandra

SBIN0040519

NARASANDRA,BANGALORE,KARNATAKA,NARASANDRA 562 127
Branch
Nelamangala

SBIN0040331

NELAMANGALA,BANGALORE,KARNATAKA,NELAMANGALA 562 123
Branch
Nelamangala

SBIN0021603

HNO 93 1 BUDHERA MANDALNH NO 9 BUDHERA X ROADSMEDAK DIST ANDHRA PRADESH
Branch
Nelamangala

SBIN0013284

CHENNAPPA LAYOUT,B H ROAD,NELAMANGALA,DISTBANGALORE RURAL562123
Branch
Nri Koramangala, Bangalore

SBIN0014245

12,7TH MAIN,3RD BLOCK,KORAMANGALA,BANGALORE 560034
Branch
RamaNagaram

SBIN0040031

RAMANAGARAM,BANGALORE,KARNATAKA, 571 511
Branch
Sadahalli

SBIN0040483

SADAHALLI,KARNATAKA,BANGALORE DIST
Branch
Sathnur

SBIN0013351

OPPO BUS STAND,SATHNUR HOBLI,SATHNUR VILLAGE,KANAKAPURA TALUK,DIST BANGALORE RURAL 562126
Branch
Sulibele

SBIN0040979

NO 57 VALMIKINAGAR DEVANAHALLI CROSS SULIBELE POST HOSKOTE TALUK BANGALORE RURAL 562129
Branch
Tavarekere

SBIN0040781

KEMPEGOWDA COMPLEX,MAGADI MAIN ROAD,TAVAREKERE562130,BANGALORE SOUTH TALUK
Branch
Tharikere

SBIN0011260

DIST BANGALORE RURALSTATE KARNATAKA
Branch
Thippasandra

SBIN0040476

THIPPASANDRA,BANGALORE,KARNATAKA,THIPPASANDRA 562131
Branch
Torvi Road Branch VijayaPura

SBIN0022043

TTNFHYDRDNUHRTWRPLTN50ITGILYUTWRDN35TRVIRDVIJYPUR
Branch
Veerasandra Bengaluru

SBIN0071203

NO18,VEERASANDRAENTRANCE,ELECTRONICCITYBENGALURU560100
Branch
Vidya Nagar

SBIN0040796

OPP KANDAYA BHAVANA,BANGALORE MYSORE ROAD,RAMANAGARAM 571511

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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