Select Branch for State Bank Of India in Kottayam, Kerala

Choose a branch to view IFSC code and details

Branch
Ammancherry

SBIN0070473

PBNO1,BUILDINGNO792,PALAMATTOMBUILDINGS,AMALAGIRIPO686036AMMANCHERRYATSBTCOIN
Branch
Anthinad

SBIN0070416

PBNO2,PRAVITHANANJUNCTION,ANTHINADPO686651ANTHINADATSBTCOIN
Branch
Arumanoor

SBIN0070489

PBNO1,AP8183,ARUMANOORPO686568ARUMANOORATSBTCOIN
Branch
Athirampuzha

SBIN0070112

PBNO1,STMARYSFORANECHURCHBLDGS,ATHIRAMPUZHAPO686562ATHIRAMPUZHAATSBTCOIN
Branch
Aymanam

SBIN0070232

PBNO1,AP-422A,AYMANAMPO686015AYMANAMATSBTCOIN
Branch
Bharananganam

SBIN0070350

PBNO1,PEREKKATTUBUILDINGS,BHARANANGANAMP0686578BARANANGANAMATSBTCOIN
Branch
Cac Alappuzha Town

SBIN0063102

SBI ALAPPUZHA TOWN BRANCH, KALLUPALATHIL BUILDING, ALAPPUZHA-688011
Branch
Cac Kottayam

SBIN0015067

PB NO 173, KK ROAD, OPP MANORAMA, KOTTAYAM, KERALA - 686001
Branch
Chakkampuzha

SBIN0070501

SAINILAYAM,RAMAPURAMPANCHAYAT,CHAKKAMPUZHAPO,PIN-686574686574CHAKKAMPUZHAATSBTCOIN
Branch
Chamampathal Vazhur

SBIN0070417

PBNO1KARIMPILBLDGS,KODUNGUR-MANIMALAROAD,CHAMAMPATHALPO686517CHAMAMPATHALATSBTCOIN
Branch
Changanacherry

SBIN0070230

PBNO1,INDUSTRIALNAGARPO,CVROAD,KURISUMMODU,CHANGANACHERRY686106IECHANGANAATSBTCOIN
Branch
Changanacherry Main

SBIN0070103

PBNO3,SBTBLDGS,BANKSTREET,VATTAPALLY,CHANGANCHERRYPO686101CHANGANASERYATSBTCOIN
Branch
Chengalam

SBIN0070398

PBNO1,NIRAPPELBUILDINGS,CHENGALAMPO,ANICKADU686585CHENGALAMATSBTCOIN
Branch
Chingavanam

SBIN0070128

PBNO1,VOMARKOSEMEMORIALHALLBLDG,CHINGAVANAMPO686531CHINGAVANAMATSBTCOIN
Branch
Cms College Campus Kottayam

SBIN0070484

PBNO293,COLLEGEROAD,KOTTAYAM,KERALA,PIN686001686001KOTTAYAMCMSATSBTCOIN
Branch
Collectorate Branch,kottayam

SBIN0070492

PBNO1104,COLLECTORATEBUILDINGS,COLLECTORATEPO686002TREASURYKTMATSBTCOIN
Branch
Devalokam

SBIN0070820

CATHOLICATEARAMANA,DEVALOKAMPO686038DEVALOKAMATSBTCOIN
Branch
Edayarikkapuzha

SBIN0070376

VATTAMALABUILDINGS,PATHANAD,KANGAZHAPO686541EDKPUZHAATSBTCOIN
Branch
Elamgulam

SBIN0070360

PBNO1,ERUPPAKATTUBUILDINGS,KOORALIPO686522ELAMGULAMATSBTCOIN
Branch
Erattupetta

SBIN0008613

PB NO 2,MAIN RD,ERATTUPETTA,KOTTAYAM,KERALA
Branch
Erattupetta

SBIN0070113

CHALLAVAYALILBUILDING,ARUVITHURAPO,ERATTUPETTA686122ERATTUPETTAATSBTCOIN
Branch
Erumeli

SBIN0070105

PBNO1,CHALAKUZHYCHAMBERS,ERUMELIPO686509ERUMELIATSBTCOIN
Branch
Ettumanoor

SBIN0070114

PBNO1,JOSEBAZARSHOPPINGCOMPLEX,PALAIROAD,ETTUMANOORPO686631ETTUMANOORATSBTCOIN
Branch
Kadappattoor

SBIN0070727

DOORNO182532,1STFLOOR,ARYANKALAARCADE,OPPBISHOPSHOUSE,ETTUMANOOR-PALAROAD,PALAPO
Branch
Kaduthuruthy Main

SBIN0070427

PBNO2,PANNIVELILBUILDINGS,KADUTHURUTHYPO686604KADUTHURUTHYATSBTCOIN
Branch
Kaipuzha

SBIN0008620

VIII79,MANNANUMNEENDOOR,KAIPUZHA,KOTTAYAM,KERALA,PIN.686602.
Branch
Kalaketty

SBIN0070130

PBNO1,VELLATHOTTAMBUILDINGS,KALAKETTYPO686508KALAKETTYATSBTCOIN
Branch
Kalathipady

SBIN0014369

PARAYIL BUILDINGS,KALATHIPADY,VADAVATHOOR.P.O,KOTTAYAM,DISTKOTTAYAM686010
Branch
Kanakkary

SBIN0070954

NCVARKEYSARCADE,KANAKKARY686610KANAKKARYATSBTCOIN
Branch
Kanjikuzhy

SBIN0070222

PBNO1,CKGTOWERS,KKROAD,KANJIKUZHY,MUTTAMBALAMPOST686004KANJIKUZHYATSBTCOIN
Branch
Kanjirapally

SBIN0070115

PBNO1,BANKHOUSE,KANJIRAPALLYPO,KKROAD,686507KANJIRAPALLYATSBTCOIN
Branch
Karipputhattu

SBIN0070377

PBNO1,NEWBUILDINGS,ARPOOKARAPO686008KARIPUTHATTUATSBTCOIN
Branch
Karukachal

SBIN0070426

VALLOORBUILDINGS,KARUKACHALPO686540KARUKACHALATSBTCOIN
Branch
Kidangoor

SBIN0070106

PBNO1,KACHERILBUILDINGS,KIDANGOORPO686572KIDANGOORATSBTCOIN
Branch
Kodimatha

SBIN0070379

AMSONBUILDINGS,OPPNEWPVTBUSSTAND,KODIMATHA686039KODIMATHAATSBTCOIN
Branch
Koodalloor

SBIN0070400

PBNO1,VIAVAYALA,KOODALLOORPO686595KOODALLOORATSBTCOIN
Branch
Kooropada

SBIN0070363

PBNO1ARINJUKALLUMKALBLDGS,KOOROPADAPO686502KOOROPADAATSBTCOIN
Branch
Kootickal

SBIN0070131

PBNO1,BADAYILBUILDINGS,KOOTICKALPO686514KOOTICKALATSBTCOIN
Branch
Koruthode

SBIN0070380

PBNO1MADUCKANGALBLDGS,KORUTHODEPO686513KORUTHODEATSBTCOIN
Branch
Kothanallur

SBIN0070446

PBNO1,SGPCHURCHBUILDINGS,KOTHANALLURPO686632KOTHANALLURATSBTCOIN
Branch
Kottayam

SBIN0001891

VELLAPALLY BUILDING, K.R RD KOTTAYAM 6866001
Branch
Kottayam Civil Station

SBIN0070101

PBNO1102,PADINJAREKKARACHAMBERS,COLLECTORATEPO686002KOTTAYAMCSATSBTCOIN
Branch
Kottayam Main

SBIN0070102

PBNO19,THIRUNAKKARASOUTH,KOTTAYAMPO686001KOTTAYAMATSBTCOIN
Branch
Kozha

SBIN0070521

PBNO1,PANAMKUZHACKALBUILDINGS,KURAVILANGADPO686633KOZHAATSBTCOIN
Branch
Kozhuvanal

SBIN0070364

PBNO1,THEKKETHILBUILDINGS,KOZHUVANALPO686523KOZHUVANALATSBTCOIN
Branch
Kulasekharamangalam

SBIN0070354

PBNO1,PARASSERYMADOMBUILDING,KULASEKHARAMANGALAMPO686608KSMANGALAMATSBTCOIN
Branch
Kumarakom

SBIN0070116

PBNO1,ILLIKALAMCHAMBERS,KUMARAKOMPO686563KUMARAKOMATSBTCOIN
Branch
Kumaranalloor

SBIN0070677

ISTFLOOR,CHERUNKALBUILDINGS,KUMARANALLOORPOKOTTAYAMDISTRICT,
Branch
Kuravilangad

SBIN0012881

STMARYS FORANE CHURCH BUILDING,STMARYS CHURCH ROAD,PALLICKAVALA KOTTAYAM
Branch
Kurichy

SBIN0070262

PBNO1ETTUKADAVILBUILDINGS,KURICHYPO686549KURICHYATSBTCOIN
Branch
Kuruppanthara

SBIN0011920

PARAKALA BUILDING,M C ROAD,MANJOOR,KURUPPANTHARA,DISTKOTTAYAM 686603
Branch
Kuruppanthara

SBIN0070136

PBNO1,KANDARAPALLILBUILDINGS,MANJOORPO,KURUPPANTHARA686603KURUPANTHARAATSBTCOIN
Branch
Kuttickal

SBIN0071264

KUREEKATTUBUILDING,KUTTICKAL,SOUTHPAMPADYPO,KOTTAYAMDISTRICT,KERALA-686521
Branch
Madappally

SBIN0070414

PBNO1,PMKTOWERS,THENGANA,PERUMPANACHYPO686536MADAPALLYATSBTCOIN
Branch
Mammood

SBIN0070284

PBNO1,MAMMOOTTILBUILDINGS,MAMMOODPO686553MAMMOODATSBTCOIN
Branch
Manarcadu

SBIN0070233

PBNO1,TCMTOWERS,MANARCADUPO686019MANARCAUDATSBTCOIN
Branch
Manganam

SBIN0070471

PBNO1,VPXV300A,PALOORBUILDINGS,MANGANAMPO686018MANGANAMATSBTCOIN
Branch
Manimala

SBIN0070117

PBNO1,KOVOORBUILDINGS,MANIMALAPO686543MANIMALAATSBTCOIN
Branch
Mannanam

SBIN0004395

K.E. COLLEGE ROAD,MANNANAM,KOTTAYAM,KERALA,PIN 686561
Branch
Marangattupally

SBIN0070234

KUNNUMPURATHBUILDINGS,MARANGATTUPALLYPO686635MARANGATUPLYATSBTCOIN
Branch
Mattakkara

SBIN0070349

PBNO1,HFCBUILDINGS,MATTAKKARAPO686564MATTAKKARAATSBTCOIN
Branch
Medical College Kottayam

SBIN0070111

PBNO1,MEDICALCOLLEGECAMPUS,GANDHINAGARPO686008MCKOTTAYAMATSBTCOIN
Branch
Meenadom Pampady

SBIN0070485

CHUZHUKUNNELBUILDINGS,HOSPITALJUNCTION,MEENADOMPO686516MEENADOMATSBTCOIN
Branch
Melukavumattom

SBIN0070138

PBNO1,CSIBUILDINGS,MELUKAVUMATTOMPO686652MELUKAVUATSBTCOIN
Branch
Mg University Campus Kottayam

SBIN0070669

PBNO4,PRIYADARSANIHILLSPO686560KTMUNIVATSBTCOIN
Branch
Monipally

SBIN0070134

PBNO1,VIJAYCOMPLEX,MONIPALLYPO686636MONIPALLYATSBTCOIN
Branch
Mukkoottuthara

SBIN0070862

BUILDINGNOVI12191,CHARIVUPURAYIDATHIL,MARIDOMJUNCTION,MUKKOOTTUTHARAPOMUKKOOTTUTHARAATSB
Branch
Mundakayam

SBIN0070133

PBNO1,POTTAMKULAMBUILDINGS,KKROAD,MUNDAKAYAMPO686513MUNDAKAYAMATSBTCOIN
Branch
Mundathanam

SBIN0070366

PUTHENVEETTILCOMPLEXBLDGS,KANGAZHAPO686541MUNDATHANAMATSBTCOIN
Branch
Mutholy

SBIN0071186

KONATTUBUILDING,PULIYANNOORPOPIN686573KERALA
Branch
Nagampadam

SBIN0070732

DOORNO198A,SHAMINTHASARCADE,MCROAD,SHMOUNTPO686006NAGAMPADAMATSBTCOIN
Branch
Nedumkunnam

SBIN0070118

PBNO1,ANKUSHBUILDINGS,NEDUMKUNNAMPO686542NEDUMKUNNAMATSBTCOIN
Branch
Neendoor

SBIN0070119

PBNO1,PANTHALLOORPARAMBILBLDGS,NEENDOORPO686601NEENDOORATSBTCOIN
Branch
Nri Branch Kottayam

SBIN0062291

NRI BRANCH KOTTAYAM,THIRUNAKKARA SOUTH,KOTTAYAM,PIN 686001
Branch
Paipad Kottayam

SBIN0070107

PBNO1,PULIMOOTTILBUILDINGS,PALLICKACHIRAKAVALAPO686537PAIPADATSBTCOIN
Branch
Pala

SBIN0070120

PBNO6,VIII130A,MAINROAD,PALAPO686575PALAIATSBTCOIN
Branch
Pallickathode

SBIN0070247

PBNO1,ANICKADUPO686503PALLIKATHODEATSBTCOIN
Branch
Pallom

SBIN0070217

PBNO1,PAKKILPO,PALLOM686012PALLOMATSBTCOIN
Branch
Pampady

SBIN0013665

MALLEEKADUPPIL BLDGS,PAMPADY P O,KOTTAYAM,DIST KOTTAYAM 686502
Branch
Pampady

SBIN0070108

PBNO1,KADUVAMBHAGHOMBUILDINGS,PAMPADYPO686502PAMPADYATSBTCOIN
Branch
Pariyaram

SBIN0070510

PBNO1,THEKKEPARAMBILBUILDINGS,PARIYARAMPO686021PARIYARAMATSBTCOIN
Branch
Payyavoor

SBIN0070979

KURISUMOOTTILBUILDING,BYEPASSROAD,PAYYAVOORPO670633PAYYAVOORATSBTCOIN
Branch
Peroor

SBIN0070431

PBNO1,NSSKARAYOGAMBUILDING,PEROORPO,KOTTAYAM686637PEROORATSBTCOIN
Branch
Peruva

SBIN0070869

MANTHANATHELTOWERS,VAIKOMROAD,PERUVAPO686610PERUVAATSBTCOIN
Branch
Pizhaku

SBIN0070976

STJOHNTHEBAPTISTSHOPPINGCOMPLEX,III453ABUILDINGNO,PIZHAKUPOMEENACHIL686651PIZHA
Branch
Plassanal

SBIN0070480

PBNO1,STMARYSCHURCHBUILDING,PLASSANALPO686579PLASSANALATSBTCOIN
Branch
Ponkunnam

SBIN0070137

PBNO1,CHINLANKASHOPPINGCOMPLEX,PONKUNNAMPO,KKROAD686506PONKUNNAMATSBTCOIN
Branch
Poovarany

SBIN0070121

PBNO1,KUNNAPPALLILBUILDING,PAIKA,POOVARANYPO,KOTTAYAMDISTRICT,KERALA686577POOVARANYATSBT
Branch
Poovathilappu

SBIN0070529

PBNO2,MOONGAMACKALBLDGS,MANALUMKALPO686503POOVATILAPPUATSBTCOIN
Branch
Pulickalkavala

SBIN0070953

BUILDINGNO362,PATTASSERILARCADE,KKROAD,PULICKALKAVALAPO,VAZHOOR686515PULICKALKAVALAATSBT
Branch
Punchavayal

SBIN0070429

PBNO7,VALIYAVEETTILBUILDINGS,PUNCHAVAYALPO686513PUNCHAVAYALATSBTCOIN
Branch
Puthupally

SBIN0070122

PBNO1,KANYAPARAMBILBUILDINGS,PUTHUPALLYPO686011PUTHUPALLYATSBTCOIN
Branch
Racc Changanassery

SBIN0064647

RACC RBO 2,2ND FLOOR,POLACHIRAKKAL BULDING,OPP COLLECTORATE,KOTTAYAM,PIN-686002
Branch
Racc Kottayam

SBIN0064646

THIRUNAKKARA SOUTH,KOTTAYAM.P.O 686001
Branch
Racc Pala

SBIN0064648

STATE BANK OF INDIA RACC PALA VIII/130A,MAIN ROAD,PALA,KOTTAYAM -686575
Branch
RamaPuram

SBIN0008669

PB NO 2 RAMAPURAM KOTTAYAM KERALA
Branch
RamaPuram

SBIN0070123

PBNO1,STAUGUSTINESCHURCHBLDGS,RAMAPURAMBAZARPO686576RAMAPURAMATSBTCOIN
Branch
Rasmecc,kottayam

SBIN0070902

SBTZONALOFFICE,OPPCIVILSTATION,KOTTAYAMRACPCKTMATSBTCOIN
Branch
Rasmeccc Kottayam

SBIN0016997

1ST2ND FLOOR, OPPOSITE TO BCM COLLEGE, K K ROAD, KOTTAYAM, DISTT.KOTTAYAM. KERALA 686001
Branch
Rbo Three Kottayam

SBIN0061008

SECOND FLOOR, POLACHIRAKKAL CHAMBER, PB NO 1115, OPP COLLECTORATE, KOTTAYAM, DISTTKOTTAYAM KERALA 686002
Branch
Rbo Two Kottayam

SBIN0061007

SECOND FLOOR, POLACHIRAKKAL CHAMBER, PB NO 1115, OPP COLLECTORATE, KOTTAYAM, DISTTKOTTAYAM KERALA 686002
Branch
Rcpcponkunnam

SBIN0070975

MOHANA SHOPPING COMPLEX, K K ROAD PONKUNNAM, KOTTAYAM KERALA , 686506
Branch
Regional Business Office, Kottayam

SBIN0014919

STATE BANK OF INDIA, REGIONAL BUSINESS OFFICE, PHOENIX TOWERS, THIRUNAKKARA, KOTTAYAM, KERALA686001
Branch
Sb College Changanacherry

SBIN0070394

PBNO11,CHANGANACHERRY686101SBCOLLEGEATSBTCOIN
Branch
Sme Branch Kottayam

SBIN0070652

PARACKALBUILDINGS,IINDFLOOR,LALBAHADURSASTRIROAD686001SSIKTMATSBTCOIN
Branch
Sme Pala

SBIN0063661

PB NO.6, VIII-130A MAIN ROAD, KOTTAYAM 686575
Branch
Sme Rbo Kottayam

SBIN0063583

POLACHIRACKAL CHAMBERS, COLLECTORATE PO KOTTAYAM 686002
Branch
Sme Vaikom

SBIN0063660

KARAMEL COMPLEX VAIKOM PO, KOTTAYAM 686141
Branch
Smeccc Kottayam

SBIN0061064

3RDFLOOR,POLACHIRACKALCHAMBERS,OPP.COLLECTORATE,DISTT.KOTTAYAM.KERALA686002
Branch
Spl.pbb, Kottayam

SBIN0015787

DOOR NO. XII/1374, OPP. BCM COLLEGE,DIST. KOTTAYAM,KERALA 686001
Branch
Teekoy

SBIN0070341

PBNO1,PURAPPANTHANAMBUILDINGS,TEEKOYPO686580TEEKOYATSBTCOIN
Branch
Thalayolaparambu

SBIN0070231

PBNO1,HANZPLAZA,ISTFLOOR,BLDGNOVI6894,THALAYOLAPARAMBUPO686605THALAYOLAATSBTCOIN
Branch
Thattakadu

SBIN0071183

VALLAYARABLDG,AMBALAKAVALA,THOTTAKADUKOTTAYAM686539
Branch
Thekkethukavala

SBIN0070430

PBNO1,USHUSBUILDINGS,THEKKETHUKAVALAPO686519THEKKETHUATSBTCOIN
Branch
Thellakom

SBIN0070952

BUILDINGNOXIV683,ZACHSBUILDING,THELLAKOMPO,KOTTAYAM686016THELLAKOMATSBTCOIN
Branch
Thiruvanchoor

SBIN0070432

PBNO1,SOBYSBUILDINGS,THIRUVANCHOORPO686037THIRUVANCHURATSBTCOIN
Branch
Thiruvarpu

SBIN0070223

AMBAKUZHYTRADECENTRE,ILLIKKAL,KILIROORNORTHPO,KOTTAYAMDIST,KERALA-686020686020THIRU
Branch
Thrikodithanam

SBIN0070385

PBNO1,GRACEVILLA,THRIKODITHANAMPO686105TRIKODITANAMATSBTCOIN
Branch
Thuruthy

SBIN0070370

PBNO2,STMARYSPARISHHOUSE,THURUTHYPO686535THURUTHYATSBTCOIN
Branch
Tv Puram

SBIN0070479

PBNO1,OTTALEZHUTHUBUILDINGS,TVPURAMPO686606TVPURAMATSBTCOIN
Branch
Uzhavoor

SBIN0070124

PBNO1,THERAVATHBUILDINGS,UZHAVOORPO686634UZHAVOORATSBTCOIN
Branch
Vadavathur

SBIN0070343

ELIMCENTRE,VADAVATHURJUNCTIONVADAVATHURPO686010VADAVATHURATSBTCOIN
Branch
Vaikom

SBIN0070125

KARAMELSHOPPINGCOMPLEX,1STFLOOR,WESTGATE,VAIKOMPO686141VAIKOMATSBTCOIN
Branch
Vakathanam

SBIN0070110

PBNO1,THUNJATHBUILDINGS,NJALIAKUZHY,VAKATHANAMPO686538VAKATHANAMATSBTCOIN
Branch
Valavoor

SBIN0070539

BUILDINGNOKP9404A,KUDAKKACHIRAROADVALAVOORPO,686635VALAVOORATSBTCOIN
Branch
Vayala Nellikunnu

SBIN0071215

NSSKARAYOGAMBLDGVAYALAPOKOTTAYAM
Branch
Vechoor

SBIN0070127

PBNO1,NSSKARAYOGAMBUILDINGS,VECHOORPO686144VECHOORATSBTCOIN
Branch
Veliyanoor

SBIN0070444

PBNO1,11320VETTIKALBLDGS,VELIYANNOORPO686638VELIYANOORATSBTCOIN
Branch
Zonal Office, Kottayam

SBIN0070997

POLACHIRACKALCHAMBERS,OPPCOLLECTORATE,KOTTAYAM,KERALA686002ZOKTMATSBTCOIN

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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