Select Branch for State Bank Of India in Kolar, Karnataka

Choose a branch to view IFSC code and details

Branch
Apmc C BallaPur

SBIN0040414

APMC ,CHICKBALLAPUR,KOLAR,KARNATAKA,CHICKBALLAPUR 562 101
Branch
Bagepalli

SBIN0040085

BAGEPALLI,KOLAR,KARNATAKA, 561 207
Branch
Bangarpet

SBIN0011292

BANGARPET MAIN ROAD,BANGARPETKOLAR DIST 563114
Branch
Bangarpet

SBIN0040081

BANGARPET,KOLAR,KARNATAKA, 563 114
Branch
Batlahalli

SBIN0040303

BATLAHALLI,KOLAR,KARNATAKA,BATLAHALLI 563 123
Branch
Beml Nagar

SBIN0040168

KOLAR GOLD FIELDS,KOLAR,KARNATAKA, 563 115
Branch
Budikote

SBIN0040336

BUDIKOTE,KOLAR,KARNATAKA,BUDIKOTE 563 147
Branch
Cac Kolar Gold Fields

SBIN0061855

PB NO.3,BM ROAD,SURAJ CIRCLE,ROBERTSONPET,KGF,KOLAR DIST,PIN-563122
Branch
ChickballaPur

SBIN0040082

CHICKBALLAPUR,KOLAR,KARNATAKA, 562 101
Branch
ChikkaballaPura

SBIN0007908

B B RD, CHIKKABALLAPUR, KOLAR, KARNATAKA
Branch
Chikkathirupathi

SBIN0041167

SRI.MARUTHI COMPLEX CHIKKATIRUPATHI-MALUR ROAD CHIKKATIRUPATHI VILLAGE AND POST MALUR TALUK, KOLAR DISTRICT,KARNATKA-563160
Branch
Chintamani

SBIN0040083

N R EXTNCHINTAMANI,KOLAR,KARNATAKA, 563 125
Branch
Chintamani

SBIN0007909

PCR COMPLEX, NEHRU ROAD, DIST. KOLAR, KARNATAKA 563 125
Branch
D P Halli

SBIN0040372

D P HALLI,KOLAR,KARNATAKA,DODDAPONNADAHALLI 563129
Branch
Darinayakanapalya

SBIN0040342

DARINAYAKANAPALYA,KOLAR,KARNATAKA,DARINAYAKANAPALYA 561206
Branch
Doddachinnahalli

SBIN0009918

VIA OORGAUM POST, KGF BANGARPET TALUK, KOLAR, KARNATAKA 563120
Branch
Gauribidanur

SBIN0040086

GAURIBIDANUR,KOLAR,KARNATAKA, 561 208
Branch
Golahalli

SBIN0009432

P.O. AVALAGURKI, CHIKBALLAPUR TALUK, DISTT. KOLAR 562101
Branch
Gownipalli

SBIN0041101

CHOTU SAB BUILDING MAIN ROAD SRINIVASAPUR TQ 563161
Branch
Gudibanda

SBIN0040087

GUDIBANDA,KOLAR,KARNATAKA, 561 209
Branch
Gulur Kolar

SBIN0040304

GULUR,KOLAR,KARNATAKA,GULUR 561 218
Branch
H Cross

SBIN0040881

VIJAYAPURA ROAD H CROSS SIDLAGHATTA TALUK CIKKABALLAPURA DIST 562102
Branch
Hulibele

SBIN0040523

HULIBELE,KOLAR,KARNATAKA,HULIBELE 563 114
Branch
Kgf

SBIN0040089

KGF,KOLAR,KARNATAKA, 563 122
Branch
Kolar

SBIN0006029

M.B.ROAD, NEAR KSRTC BUS STAND, KOLAR , KARNATAKA 563 101
Branch
Kolar

SBIN0040080

KOLAR,KARNATAKA, 563 101
Branch
Kurigepalli

SBIN0040515

KURIGEPALLI,KOLAR,KARNATAKA,KURIGEPALLI 563134
Branch
Malur

SBIN0040088

MALUR,KOLAR,KARNATAKA, 563 130
Branch
Masthi

SBIN0041031

NEAR MASTHI VENKATESH IYENGAR PU COLLEGE MASTHI 563139 MALUR TALUK KOLAR DIST
Branch
Moodala Gollahalli

SBIN0009936

AT B.P.O. MOODALAGOLLAHAL, BATHALLI CHINTAMANI T, DISTT. KOLAR, KARNATAKA 563123
Branch
Mulbagal

SBIN0040084

MULBAGAL,KOLAR,KARNATAKA, 563 131
Branch
Nangli

SBIN0040180

NANGLI,KOLAR,KARNATAKA, 563132
Branch
NarasaPura

SBIN0018309

NARSAPURA INDUSTRIAL AREA, KARINAYAKANHALLI VILLAGE, KASABA HOBLI, MALUR TALUK, DIST. KOLAR, KARNATAKA- 563133
Branch
Pc Extn Kolar

SBIN0040668

PC EXTN KOLAR ,KARNATAKA,KOLAR
Branch
Peddur

SBIN0009919

KOLAR DISTRICT CHINTAMANI DISTT KOLAR KARNATAKA 563146
Branch
Peresandra

SBIN0041028

BESIDE B H ROAD NH 7 PERESANDRA 562104 CHICKBALLAPUR TALUK AND DIST PIN 562104
Branch
Ramasagara

SBIN0041168

RAMASAGARA VILLAGE AND POST BANGARPET TALUK KOLAR DIST 563116
Branch
Region Ii

SBIN0040603

STATE BANK OF INDIA REGIONAL OFFICE II,NEAR DOOM LIGHT CIRCLE,NEW EXTENSION,KOLAR 563 101
Branch
Rojarpalli

SBIN0041122

VENKATESWARA COMPLEX, HOLUR ROAD,VALAGERNAHALLI,ROJARPALLI CROSS, SRINIVASPUR TALUK
Branch
Sadali

SBIN0040281

SADALI,SADALI,KOLAR,KARNATAKA,SADALI 562 104
Branch
Sidlaghatta

SBIN0040090

SIDLAGHATTA,KOLAR,KARNATAKA, 562 105
Branch
SrinivasaPur

SBIN0040091

SRINIVASAPUR,KOLAR,KARNATAKA, 563 135
Branch
Sulikunte

SBIN0040514

SULIKUNTE,KOLAR,KARNATAKA,KOLAR DIST
Branch
Sundarapalya

SBIN0040396

SUNDARAPALYA,KOLAR,KARNATAKA,SUNDARAPALYA 563 122
Branch
Thimmampally

SBIN0040496

THIMMAMPALLI,KOLAR,KARNATAKA,THIMMAMPALLI 561207
Branch
Thondebhavi

SBIN0040228

THONDEBHAVI,KOLAR,KARNATAKA, 561 213
Branch
Vatadahosahalli

SBIN0040181

VATADAHOSAHALLI,KOLAR,KARNATAKA, 561 228
Branch
Vemagal

SBIN0040851

SETTHI ROAD VEMAGAL VILLAGE AND POST KOLAR TALUK
Branch
Yeldur

SBIN0040178

YELDUR,KOLAR,KARNATAKA, 563 138
Branch
Yidagur

SBIN0040337

YIDAGUR,KOLAR,KARNATAKA,YIDAGUR 561 208
Branch
Zilla Adalitha Bhavan

SBIN0061689

ROOM NO.16, GROUND FLOOR, DISTRICT ADMINISTRATIVE BUILDING, KUMBARAHALLY VILLAGE, NH-75, TAMAKA POST, KOLAR-563101

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