Select Branch for State Bank Of India in Bhopal, Madhya Pradesh

Choose a branch to view IFSC code and details

Branch
3 Eme Centre. Bhopal

SBIN0003491

PB NO.6, BHOPAL,BAIRAGARH MP 462031
Branch
Agri Cpc Bhopal

SBIN0080075

1ST FLOOR AT PLOT NO B-121, B-129,VIDHYA NAGAR,HOSHANGABAD ROAD,BHOPAL-462002
Branch
Aiims, Bhopal

SBIN0016610

AIIMS CAMPUS, SAKET NAGAR, BHOPAL, DISTT. BHOPAL, MADHYA PRADESH 462024
Branch
Anand Nagar, Bhopal

SBIN0016153

28 A, RATNAGIRI RAISEN ROAD, DISTRICT BHOPAL.MADHYA PRADESH 462021
Branch
Arera Hills Bhopal

SBIN0030461

PLOT.NO59,NEW NARMADA BHAWAN,A.WING,GR.FOOR,ARERA HILLS
Branch
Ashok Nagar

SBIN0005089

BHOPAL
Branch
AwadhPuri Bhopal

SBIN0011787

AWADHPURI GRIH NIRMAN SAMITI,NEAR STXAVIER SCHOOL,KALIBARI,DISTBHOPAL462021
Branch
Ayodhya Nagar

SBIN0005193

PLOT NO 1 SANTOSHI VIHAR BY PASS ROAD NARELA SANKARIT BHOPAL MADHYA PRADESH 462023
Branch
Bagmugaliya Bhopal

SBIN0012275

SHRI RADHAKRISHNA SHOPPING COMPLEX,SHRI RAMESHWARAM,BAG MUGALIYA,BHOPAL MP,462026
Branch
Bairagarh Main Market

SBIN0008241

F-10,MAHATMA GANDHI MARG,,OPP BDA MARKET,BAIRAGARH,BHOPAL,PIN - 462030
Branch
Bairagarh, Bhopal

SBIN0030004

BAIRAGRAH BHOPAL
Branch
Bangrasia

SBIN0061118

CHIKLOD ROAD, VILL- BANGRASIA, TAH-HUJUR, DISTT. BHOPAL, M.P - 462026
Branch
Barkhedi, Bhopal

SBIN0030230

3 BY 4,NEELAM COLONY NEAR LILY CINEMA,JAHANGIRABAD,BHOPAL
Branch
Berasia

SBIN0001499

DISTBHOPAL MADHYA PRADESH 463106
Branch
Berasia Road, Bhopal

SBIN0030514

SHIV NAGAR,NEAR JAISHREE AUTO PETROL PUMP,KAROND
Branch
Berkhera

SBIN0002375

BARKHERA, BHOPAL, VIJAY MKT.BHEL, MP 462021
Branch
Bhel Plant Area, Bhopal

SBIN0005855

OPPOSITE BHEL ADMINISTRATIVE, BUILDING, BHOPAL BHOPAL, PIN - 462022
Branch
Bhopal

SBIN0001308

TT NAGAR, BHOPAL,MP
Branch
Bhopal University, Bhopal

SBIN0003537

UNIVERSITY CAMPUS,HOSHANGABAD ROAD, BHOPALBHOPAL, MADHYA PRADESH ,PIN-462026
Branch
Bmhrc, Bhopal

SBIN0010143

DIST BHOPALSTATE MADHYA PRADESH
Branch
Bundi

SBIN0021802

RDNCOMPLXHOSHANGABADROADBUDN
Branch
Capc Bhopal

SBIN0080065

2ND FLOOR,ABU& GSS DEPARTMENT,LOCAL HEAD OFFICE,BHOPAL-462011
Branch
Ccpc, Bhopal

SBIN0010407

DIST BHOPALSTATE MADHYA PRADESHPIN 462011
Branch
Chandbarh, Bhopal

SBIN0001577

BHOPAL,MADHYA PRADESHBHOPAL, MADHYA PRADESH462010
Branch
Chhola Road

SBIN0001964

CHOLA ROAD, BHOPAL, PB NO. 52, MADHYA PRADESH, PIN 462001
Branch
Chowk Bazar, Bhopal

SBIN0030003

113,MARWARI ROAD
Branch
Ciae, Nabibagh, Bhopal

SBIN0010144

CIAE, NABIBAGH CAMPUS,BERASIA ROAD, BHOPAL 462038
Branch
Commercial Branch, Bhopal

SBIN0001920

GROUND FLOOR,LHO BUILDING,HOSHANGABAD ROAD,BHOPAL,BHOPAL 462011
Branch
Damoh City

SBIN0003716

DAMOH.CITY,P.B.NO.27,DAMOH,MADHYA.PRADESH,PIN.470661.
Branch
Danish Kunj Bhopal

SBIN0010171

D.K.-2/435 DANISH KUNJ, KOLAR ROAD DISTRIC-BHOPAL PIN-462042
Branch
Dbu Balod

SBIN0064049

KH NO 902/38,902/39,DALLI ROAD BALOD,NEAR BUS STAND,BALOD
Branch
Dhamarra

SBIN0007725

DIST BHOPAL, MADHYA PRADESH 463101
Branch
Distt Court Arera Hills Bhopal

SBIN0030529

DISTRICT COURT CAMPUS,ARERA HILLS,BHOPAL
Branch
Document Archival Centre, Bhopal.

SBIN0011772

DOCUMENT ARCHIVAL CENTRE, BEHIND MAIDA MILL, HOSHANGABAD ROAD, BHOPAL, DISTT. BHOPAL. MADHYA PRADESH 462011
Branch
Document Archival Centre,ujjain

SBIN0018550

DOCUMENT ARCHIVAL CENTRE, STATE BANK BUILDING, BUDHWARA, DISTT.UJJAIN, MADHYA PRADESH-456010
Branch
Drm Office, Habibganj

SBIN0010146

DRM OFFICE, HABIBGANJ, BHOPAL, MADHYA PRADESH 462024
Branch
Dwarika Dham, Bhopal

SBIN0061091

WARDNO75,INFRONT OF SAGAR GARE REASTAURENT,NEW JAIL ROAD,SANJAY NAGAR,KAROND,BHOPAL,DISTT.BHOPAL,M.P462038
Branch
Engineering College, Bhopal

SBIN0010529

RGPV CAMPUSBHOPAL 462 001
Branch
Fanda

SBIN0017102

TEELA KHEDI ROAD,NEW BUS STAND,VILLAGE AND POST FANDA,DISTT.BHOPAL.MADHYA PRADESH 462030
Branch
Fatehgarh

SBIN0003863

KAMLA PARK,,VIP ROADBHOPAL, MADHYA PRADESH462001 ,PIN-462001
Branch
Funds Settlement Link Office ,fslo Bhopal

SBIN0009994

SGLO DEPTT BHOPALHOSHANGABAD ROAD BHOPAL
Branch
Gandhi Nagar, Bhopal

SBIN0016154

PLOT NO. H 2, ADARSH SOCIETY, NEW AIRPORT ROAD, BHOPAL, DISTT. BHOPAL. MADHYA PRADESH462030
Branch
Gautam Nagar Bhopal

SBIN0061530

M-187, GAUTAM NAGAR, MAIN ROAD, BHOPAL -462023
Branch
GhamaPur, JabalPur

SBIN0017724

NEAR SHEETLA MATA MANDIR, GHAMAPUR, JABALPUR, DISTT.JABALPUR. MADHYA PRADESH-482001.
Branch
GovindPura, Bhopal

SBIN0004823

BEHIND WORKING WOMEN HOSTEL,GOVINDPURA ,BHOPAL ,MADHYA PRADESH ,PIN - 462023
Branch
Habibganj, Bhopal

SBIN0030343

4,ROOR HOUSE M P NAGAR ZONE II BHOPAL
Branch
Hamidia Road

SBIN0001201

7, HAMIDIA ROAD, BHOPAL, MADHYA PRADESH, PIN 462029
Branch
Het Bhopal

SBIN0000519

H.E.T. BHOPAL, PIPLANI BHOPAL, MADHYA PRADESH, PIN 462021
Branch
Hoshangabad Road, Bhopal

SBIN0030390

15,SURENDRA PALACE,VIDHYAVIHAR,HOSHANGABAD ROAD
Branch
Idgah Hills ,bhopal

SBIN0030422

36,CAMBRIDGE SCHOOL ROAD,IDGAH HILLS
Branch
Iifm Bhopal

SBIN0012194

IIFM BHOPAL,IIFM CAMPUS,NEHRU NAGAR,BHOPAL,DISTBHOPAL462003
Branch
Iiser Campus

SBIN0011765

VILLAGE BHOURI, INDORE BYPASS ROAD, BHOPAL-462030
Branch
J.p Hospital Bhopal

SBIN0030367

J P HOSPITAL CAMPUS,1250 QURTERS,TULSI NAGAR
Branch
Jatkhedi, Bhopal

SBIN0018525

JATKHEDI, 58-JYOTI NAGAR, IN FRONT OF CENTRAL SCHOOL NO.03, BHOPAL, DISTT.BHOPAL. MADHYA PRADESH-462024
Branch
Jawahar Chowk, Bhopal

SBIN0030387

PLOT NO.22,MLA QUARTERS,NORTH T.T.NAGAR,ARCHANA PATHOLOGY BLDG.
Branch
Jehangirabad

SBIN0001178

JEHANGIRABAD PB NO. 47 BHOPAL MADHYA PRADESH
Branch
Jumerati

SBIN0017048

26 JAWAHAR CHOWK,JUMERATI,BHOPAL,DISTT.BHOPAL.MADHYA PRADESH 462001
Branch
Kachna

SBIN0061082

NEARHOUSINGBOARDCOLONY,GREENGLORYPARISAR,KACHNA,RAIPUR,DISTT.RAIPUR.CHHATTISGARH492007
Branch
Kanti

SBIN0064287

VILLAGE-KANTI,TEHSIL-CHHATARPUR,DISTRICT-CHHATARPUR-471001,MADHYA PRADESH
Branch
Katara Branch, Bhopal

SBIN0018651

SAGAR GOLDEN PALM, IN FRONT OF SAINT FRANSIS SCHOOL, KATARA HILLS, BHOPAL, DIST.BHOPAL, MADHYA PRADESH- 462043
Branch
Koh-e-fiza, Bhopal

SBIN0030415

D68,BDA COLONY,KOHEFIZA,BHOPAL
Branch
Kolar Road, Bhopal

SBIN0030513

5,ARANYA VIHAR,CHUNA BHATTI,KOAR ROAD
Branch
Kotra-sultanabad, Bhopal

SBIN0030405

B32,KAMLA NAGAR,KOTRA SULTANABAD
Branch
Kurai

SBIN0065188

BAZAR ROAD BUS STAND KURAI MAUZA PINDKAPAR TEHSIL KURAI DIST SEONI MP PIN NO 480880
Branch
Link Road-1, Bhopal

SBIN0030382

4,SHIVAJI NAGAR,NEAR BUS STOP NO6
Branch
Local Head Office, Bhopal

SBIN0003977

HOSHANGABADROADBHOPAL
Branch
M. P. Nagar, Bhopal

SBIN0005793

ZONE II,PLOT NO 128, MARKETING,COMPLEX, BHOPAL,BHOPAL, MADHYA PRADESH ,PIN - 462016
Branch
Mahavir Nagar

SBIN0003867

E-3 BY 113 ARERA COLONY,BHOPALBHOPALBHOPAL, MADHYA PRADESH ,PIN-462016
Branch
Malhar

SBIN0064512

MAIN ROAD,NEAR DEVENDRA HARDWARE,MALHAR CHOWK,MALHAR,DISTRICT BILASPUR,CG-495551
Branch
Mandakini

SBIN0016842

EARNING POINT SHOPPING MALL, SHOP NO. 6 TO 9, KOLAR ROAD, DIST BHOPAL, MADHYA PRADESH 462042
Branch
Manit, Bhopal

SBIN0001608

BHOPAL,MANIT CAMPUS BHOPAL, MADHYA PRADESH 462007
Branch
Marwari Road, Bhopal

SBIN0004197

MARWARI ROAD, BLOCK FANDA,TALUK-HUZOOR,BHOPAL, MADHYA PRADESH ,PIN-462001
Branch
Minal Residency

SBIN0010528

CAMPUS OF RAILWAYWORKSHOP,NISHADPURA ROHOPAL
Branch
Mla Rest House, Bhopal

SBIN0006159

NEW FAMILY BLOCK, NO.1 BHOPAL, PIN - 462003
Branch
Moman Badodiya

SBIN0062227

STATE BANK OF INDIA,MOHAN BADODIYA BRANCH,NEAR KHUSHI MOTORS,AGARA ROAD MOHAN BADODIYA-465226
Branch
Naisarai

SBIN0062275

STATE BANK OF INDIA,NAISARAI BRANCH,HOUSE OF TANJEER KHAN,NEHA COMPLEX NEAR BUS STAND,NAISARAI - 473332
Branch
Narmada Bhawan, Bhopal

SBIN0030388

NARMADA BHAWAN,TULSI NAGAR,LINK ROAD NO.2
Branch
Nayagaon

SBIN0007934

NAYAGAON.RAMPUR,MPEB.CAMPUS,JABALPUR,MADHYA.PRADESH,PIN.482008.
Branch
Neelbad

SBIN0007726

NEELBAD, BARKHEDI NATHU , DISTT. BHOPAL,MADHYA PRADESH
Branch
Nehru Nagar

SBIN0010468

BHOPAL MP
Branch
Neori Hills

SBIN0016068

BLDG. NO. DM 39 A , DRONANCHAL TOP, NEORI HILLS, AIR PORT ROAD, BHOPAL,MADHYA PRADESH 462038
Branch
New Transport Nagar, Bhopal

SBIN0061531

PLOT NO-46,SECTOR - A,RANI AWANTI BAI TRANSPORT NAGAR,PO - SUBHASH NAGAR,TAH-KUZUR,RAISEN ROAD,KOKTA BY-PASS,BHOPAL - 462023
Branch
Office Admin Section, Bhopal

SBIN0006173

HAMIDIA ROAD BHOPAL
Branch
Old Secretariate

SBIN0010141

BHOPAL 462 001
Branch
Parwaliya Sadak

SBIN0015080

NH 12,PARWALIYA ROAD BHOPAL 462030
Branch
Pbb Bhopal

SBIN0004123

E 3 BY 116, ARERA COLONY,TEH-HUJUR, BLOCK-FANDABHOPAL, MADHYA PRADESH ,PIN-0
Branch
Pbb Lalghati, Bhopal

SBIN0018798

JANKI NAGAR,GUFA MANDIR ROAD, LALGHATI,BHOPAL,DISTT.BHOPAL, MADHYA PRADESH-462030
Branch
Pbb New Market

SBIN0013042

TT NAGAR,BHOPAL,DISTBHOPAL462003
Branch
Phq, Bhopal

SBIN0010526

POLICE HQ,TEHANGIRABHOPAL 462 008
Branch
Racpc Two Bhopal

SBIN0061070

RACPC-2, GROUND FLOOR, CHINAR IN-CUBE BUSINESS CENTRE, CHINAR FORTUNE CITY, HOSHANGABAD ROAD, BHOPAL - 462026
Branch
Racpc, Bhopal

SBIN0004484

RETAIL ASSETS CREDIT PROC CELL, BHOPAL
Branch
Ratibad

SBIN0061532

RATIBAD, PO- RATIBAD,TAH-HUZUR, BHOPAL-462044
Branch
Rbo Bhopal

SBIN0013492

SBI RBO2 ARERA HILLS BHOPAL DISTTBHOPAL MADHYA PRADESH462011
Branch
Regional Business Office, Region , Bhopal

SBIN0013490

LOCAL HEAD OFFICE, FIRST FLOOR, HOSHANGABAD ROAD, BHOPAL, DISTT.BHOPAL. MADHYA PRADESH 462011
Branch
Regional College Of Education, Bhopal

SBIN0002889

SHYAMLA HILLS,BHOPAL,BHOPAL,BHOPAL,462013
Branch
Rohit Nagar Bawadiya Kalan

SBIN0016450

466, ROHIT NAGAR NO.1, BAWADIYA KALAN, BHOPAL,DISTT. BHOPAL. MADHYA PRADESH 462039
Branch
Royal Market, Bhopal

SBIN0060280

ROYAL MARKET,SULTANIYA ROAD BHOPAL 462001 MP
Branch
Runaha

SBIN0030255

RUNAHA
Branch
Salaiya

SBIN0061083

P.NO.129ESECTOR,W.NO.83,SARDARVALLABHBHAIPATELAWASIYAYOJNASALAIYA,DISTT.BHOPAL.MADHYAPRADESH462039
Branch
SatPura Bhavan, Bhopal

SBIN0010145

SATPURA BHAVAN, ARERA HILLS, BHOPAL
Branch
Sbild Bhopal

SBIN0004956

STATE BANK INSTITUTE OF LEARNING AND DEVELOPMENT,SULTANIA ROAD,OPP BSNL OFFICE,BHOPAL-462001
Branch
Service Branch, Bhopal

SBIN0009676

129,ZONE11,MAHARANAPRATAPNAGAR,BHOPAL,
Branch
ShahPura, Bhopal

SBIN0030135

E 5 BY A,GIRISH KUNJ,PARYAVARAN PARISAR,ARERA COLONY,BHOPAL
Branch
ShaktiNagar, Bhopal

SBIN0030224

PLOT NO 18,SCTOR I,SHAKTI NAGAR BHOPAL
Branch
Shastri Nagar

SBIN0061100

THENGARIBHAWAN,BHARTIYAMAJDOORSANGHKARYALAYA,BHARATMATACHOURAH,BHOPAL,DISTT.BHOPAL,MADHYAPRADESH462003
Branch
Shivaji Nagar, Bhopal

SBIN0005798

BHOPAL, MADHYA PRADESH ,PIN - 462016
Branch
Sironj

SBIN0010823

SIRONJ,PO,SIRONJ,DISTVIDISHA,MP,DISTVIDISHA464228
Branch
Sme Pandhurna

SBIN0061732

SME PANDHURNA BRANCH, NEAR BUS STAND PANDHURNA, CHHINDWARA-480334
Branch
Sme Sultania Road Bhopal

SBIN0064470

CAMPUS OF SULTANIA ROAD BRANCH,NEAR SBILD BHOPAL DIST BHOPAL - 462001
Branch
Smeccc, Bhopal

SBIN0005034

SBI SULTANA ROAD BRANCHBHOPAL
Branch
Sonagiri, Bhopal

SBIN0030442

H7,SARLA TOWER,OPP.PIPLANI PETROL PUMP
Branch
Special Rarb, Bhopal

SBIN0004293

LOCAL HEAD OFFICE BUILDING,GROUND FLOOR ,HOSHANGABAD ROAD BHOPAL ,PIN - 462001
Branch
Specialised Currency Administration Branch, Bhopal

SBIN0014132

S B I SULTANIA BRANCH PREMISES,STATE BANK CHOURAHA,BHOPAL,462001
Branch
Specialised Housing Finance, Bhopal

SBIN0004415

129 ZONE II M P NAGARBHOPAL ,BHOPAL ,PIN - 462011
Branch
Ssi GovindaPura

SBIN0001253

GOVINDPURA, BHOPAL,INDUSTRIAL AREA BHOPAL, MADHYA PRADESH4 62023
Branch
Sultania Infantry Lines Bhopal

SBIN0013488

T 92 SULTANIA INFANTRY LINES BHOPAL,DISTBHOPAL462001
Branch
Sultania Road Bhopal

SBIN0000332

BHOPAL, MADHYA PRADESH
Branch
T.t. Nagar, Bhopal

SBIN0030005

20,PANCHANAN BHAWAN,
Branch
Traders Branch

SBIN0010469

Traders branch Bhopal,MP Nagar 462011
Branch
Udayachal Bhopal

SBIN0007932

HOSHANGABAD ROAD, BHOPAL, M.P., PIN - 462011
Branch
Vallabh Bhawan, Bhopal

SBIN0001056

NEW.SECRETARIAT.BUILDING,BHOPAL,PIN.462004
Branch
Vasant Kunj, Bhopal

SBIN0030404

E8 BY 9,SHIVA KUNJ,RAILWAY COLONY,GULMOHAR COLONY,12NO BUS.STOP
Branch
Vindhyachal Bhavan

SBIN0007242

VINDHYACHAL BHAVAN, STATE BANK OF INDIA,BHOPAL PIN - 462011
Branch
Wagon Coach Factory, Bhopal

SBIN0061102

WARDNO.37,GOSWAMI COMPLEX,KRISHNA NAGAR,COACH FACTORY ROAD,KRISHNA NAGAR,COACH FACTORY ROAD,NEARSTUTI COLONY,BHOPAL,DISTT.BHOPAL.M.P.462010
Branch
Zonal Inspection Office, Bhopal

SBIN0008756

ZIO,SBI COMPLEX,ARERA HILLS

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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