Select Branch for State Bank Of India in Mandya, Karnataka
Choose a branch to view IFSC code and details
Adb Mandya
SBIN0040370
ADB MANDYA,KARNATAKA,MANDYA 571401
Aghalaya
SBIN0040435
AGHALAYA,MANDYA,KARNATAKA,AGHALAYA 571 436
Arakere
SBIN0041016
SRI MANJUNATHA CINEMA COMPLEX MANDYA MYSORE ROAD
Belagula
SBIN0040247
BELAGULA,MANDYA,KARNATAKA, 571 606
Belakavadi
SBIN0040038
BELAKAVADI,MANDYA,KARNATAKA, 571 417
Bellale
SBIN0040445
BELLALE,MANDYA,KARNATAKA,BELLALE 571 434
Bellur Cross
SBIN0040896
NO 338 YALADALLY ROAD B G NAGARA POST BELLUR CROSS BELLUR HOBLI NAGAMANGALA TALUK
Bindiganavile
SBIN0040185
BINDIGANAVILE,MANDYA,KARNATAKA,571 802
Bookinakere
SBIN0040458
BOOKINAKERE,MANDYA,KARNATAKA,BOOKINAKERE 571 812
Chikka Mandya
SBIN0040972
NO 544 BY 9 GOPALAPURA POST
Chinnakurali
SBIN0040385
CHINNAKURALI,MANDYA,KARNATAKA,CHINAKURALI 571 455 MANDYA DIST
Darasaguppe
SBIN0041018
PKK COMPLEX MAIN ROAD 571435
Guthalu
SBIN0040407
GUTHALU,MANDYA,KARNATAKA,MANDYA 571403
Hadli
SBIN0040408
HADLI,MANDYA,KARNATAKA,HADLI 571 430
Halagur
SBIN0040895
AM DEVAGIRI CHANNAPATNA ROAD 1ST CROSS HALAGUR 571421 MALAVALLI TALUK MANDYA DIST
Hallagere
SBIN0040454
HALLAGERE,MANDYA,KARNATAKA,HALLEGERE 571 446
Hemavathi Extention
SBIN0041012
J.K.ROAD,OLD KIKKERI ROAD,K R PET 571426
Hongahalli
SBIN0040322
HONGAHALLY,MANDYA,KARNATAKA,HONGAHALLY 571 607
K R Pet
SBIN0040039
KRISHNARAJAPET,MANDYA,KARNATAKA, 571 426
Kadaballi
SBIN0040431
KADABALLI,MANDYA,KARNATAKA,MANDYA 571 418
Kalkuni
SBIN0040317
KALKUNI,MANDYA,KARNATAKA,KALKUNI 571 424
Keragodu
SBIN0041214
NEAR BY BUS STOP KERAGODU MANDYA
Kikkeri
SBIN0040171
KIKKERI,MANDYA,KARNATAKA, 571 423
Kirisave
SBIN0041133
HONNADEVIHALLY KADABAHALLI POST NAGAMANGALA TALUK MANDYA DIST 571432
Km Doddi
SBIN0040230
KM DODDI,MANDYA,KARNATAKA, 571422
Kodiyala
SBIN0008039
SRIRANGAPATNA TQ., MANDYA DISTT., KODIYALA ,KARNATAKA 571 415,
Koppa
SBIN0040846
SARVODAYA VIDYAVARDAKA TRUST BUILDING,KOPPAKOWDLE ROAD,KOPPA 571425 MADDUR TALUK
Kothathi
SBIN0040172
KOTHATHI,MANDYA,KARNATAKA, 571 471
Kyathanahalli
SBIN0040040
KYATHANAHALLI,MANDYA,KARNATAKA, 571 427
Maddur
SBIN0040041
MADDUR,MANDYA,KARNATAKA, 571 428
Malavalli
SBIN0040036
MALAVALLI,MANDYA,KARNATAKA, 571 430
Mandya
SBIN0040035
MANDYA,KARNATAKA, 571 401
Mandya
SBIN0003916
1978 AND 1978 BY 1 KEMPAIAH BL POST BOX NO 58 R P ROAD MANDYA KARNATAKA571402
Melkote
SBIN0040042
MELKOTE,MANDYA,KARNATAKA, 571 431
Mims Mandya
SBIN0041145
MIMS COMPOUND BANGALORE MYSORE ROAD MANDYA 571401
Mini Racpc Mandya
SBIN0064665
MINI RACPC - MANDYA,STATE BANK OF INDIA,1ST FLOOR,SBI BUILDING,V V ROAD MANDYA - 571401
Nagamangala
SBIN0040043
MSORE BLORE RD,NAGAMLA
Nagoonahalli
SBIN0040346
NAGOONAHALLI,MANDYA,KARNATAKA,NAGOONAHALLI 571 805
Palahally
SBIN0040404
PALAHALLY,MANDYA,KARNATAKA,PALAHALLY 571 438
PandavaPura
SBIN0040044
PANDAVAPURA,MANDYA,KARNATAKA, 571 434
PandavaPura
SBIN0013345
OPPOSITE MINI VIDHANA,SOUDHA,NAGAMANGALA,MYSORE ROAD,PANDAVAPURA,DIST MANDYA 571434
Region Iv Mz
SBIN0040595
STATE BANK OF INDIA,REGION IV,MYSORE ZONE,REGIONAL OFFICE,PB NO.1,VISVESHWARAIAH ROAD,MANDYA
Retail Asset Credit Centre-mandya
SBIN0063030
P B NO 19, RBO MANDYA OLD BUILDING, V V ROAD, MANDYA-571401
Sabbanakuppe
SBIN0032684
SABBANNAKUPPE GRAM PANCHAYAT, SR PATTANA TALUKA, MANDYA DISTRICT, KARNATAKA-571807
ShivaPura
SBIN0007907
D5 286 M C ROAD DISTT MANDYA KARNATAKA 571429
Shivasamudram
SBIN0040316
SHIVASAMUDRAM,MANDYA,KARNATAKA,SHIVASAMUDRAM 571 437
Srirangapatna
SBIN0040037
SRIRANGAPATNA,MANDYA,KARNATAKA, 571 438
Srirangapatna
SBIN0013234
ANGADI BEEDI,OPPO POLICE STATION,SRIRANGAPATNA,DISTMANDYA571438
V C Farm
SBIN0040164
V C FARM,MANDYA,KARNATAKA, 571 405
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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