Select Branch for State Bank Of India in Nanded, Maharashtra

Choose a branch to view IFSC code and details

Branch
Babhulgaon Dist. Nanded

SBIN0015559

BABHULGAON, TALDIST. NANDED431603
Branch
BahadarPura

SBIN0022031

TTNFHYDRBDHDRPURRNCHNRGRMPNCHYTFFIC
Branch
Barad

SBIN0021120

RMPNCHYTCOMPLEXBRDTQMUDKEDNNDEDDIST
Branch
Barahalli

SBIN0020512

ANROADBARAHALL
Branch
Bhokar

SBIN0020052

HARHAINSARADMAINRAD
Branch
Biloli

SBIN0020053

ANROADBLOLDSTRCTNANDED
Branch
Chaitnya Nagar Nanded

SBIN0061473

SHRIGANESH APARTMENT,BALAJI NAGAR TARODA(BK ) TQ NANDED DIST NANDED 431605
Branch
Currency Administration Cell, Nanded

SBIN0021505

INDUSTRIAL AREA SHIVAJI NAGAR NANDED-431602
Branch
Degloor

SBIN0003675

MARKET YARD
Branch
Degloor

SBIN0020051

CRRRDRDD
Branch
Degloornaka Nanded

SBIN0021185

O30CHAWALWALACOMPLEXDEGLOORAKAADED
Branch
Dhanegaon Midc

SBIN0020425

5BBHENDEKARCOMPLEXSECTORNONHOPPOSITELICOFFICECIDCO
Branch
Dharmabad

SBIN0020054

N66CNERMRKETYR
Branch
Dhavri

SBIN0017520

RAMRAO GADEKARS HOUSE,AT AND POST DHAVRI,TQ LOHA,DISTT.NANDED.MAHARASHTRA 431708
Branch
Dsh Nanded

SBIN0062872

INDUSTRIAL ESTATE AREA 1ST FLOOR SHIVAJI NAGAR NANDED
Branch
Fimm Racc Kinwat

SBIN0062903

MUNCIPLE CAMPUS,MAIN ROAD SHIVAJI CHOWK KINWAT
Branch
Fimm Racc Nanded

SBIN0062904

SHAMVATSA DOCTORS LANE,NEAR KALAMANDIR NANDED
Branch
GandhiNagar

SBIN0022107

TTNFHYDRBDGNDHINGRRNCH
Branch
Gojegaon

SBIN0020672

IRETLQMEISTNNE
Branch
Gokul Nagar Chikhali Bk

SBIN0064324

H NO 774,NEAR CHHATRAPATI SHIVAJI CHOWK,NANDED-KINWAT ROAD,GOKUL NAGAR,CHIKHALI BK-431811
Branch
Gokunda

SBIN0021841

ERMHTMFULEHIGHSCHOOLGOKUND
Branch
Gurudwara

SBIN0021097

I GRWR G
Branch
Hadgaon

SBIN0020055

OEO B TD
Branch
HimayatNagar

SBIN0007386

MAIN ROAD HIMAYAT NAGAR, DISTT NANDED, MAHARASHTRA 431802
Branch
I E Nanded

SBIN0020049

OOPINDUSTRIALESTATESHIVAJINAGARNANDED
Branch
IslaPur

SBIN0020457

N42PANGRIRADNEARGVTSPITALISLAPUR
Branch
Kandhar

SBIN0020056

LCTTHJCHWK
Branch
Kini

SBIN0021392

RMNHTBUILDINGKINIDISTNANDED
Branch
Kinwat

SBIN0020057

IILOILBILDIGSHIVAJIHOWK
Branch
Kundalwadi

SBIN0013508

DR HEDGEWAR CHOWK,MAIN ROAD,KUNDALWADI431711
Branch
Limbgaon

SBIN0021840

LTTONODHOUSENO610LMBGON
Branch
Loha Adb

SBIN0005929

MAIN ROAD LOHA T NANDED MAHARASHTRA 431708
Branch
Lohgaon

SBIN0021541

HNO02 LOHGAONBILOL TQNANDED DISTRICT MAHARASHTRA STATE
Branch
Mahur

SBIN0004877

OPP ST STAND, DISTT NANDED, MAHARASHTRA 431721
Branch
Malegaon

SBIN0013756

ANDED ROAD,TQ ARDHAPUR,DISTNANDED 431750
Branch
Mandvi

SBIN0006437

HARI BHAVAN, MANDVI, TAL KINWAT, DT NANDED, MAHARASHTRA 431805
Branch
Matul

SBIN0020699

UHKDSCDD
Branch
Mudkhed

SBIN0011151

NAGAR PARISHAD SHOPPING CENTRE, SHIVAJI NAGAR, MUDKHED, DIST NANDED 431806
Branch
Mugat

SBIN0021937

ERMUGTBUSSTNDNDEDMUGTMINRODATPOSTMUGTTQMUDKHEDNDED
Branch
Mukhed

SBIN0020058

ANROADUKHEDNEARTHASLOFFCE
Branch
Mukramabad

SBIN0021340

UWRRIRMUKRMBDTUQMUKHEDMUKRMBDDITDED
Branch
Naigaon

SBIN0020255

OLXIOHGHOUKIST
Branch
Naigaon Bazar

SBIN0003498

OPP BALAJI OIL INDUSTRIES, NEAR LAXMI TALKIES, DISTT NANDED, MAHARASHTRA 431709
Branch
Nanded

SBIN0000433

DOCTOR S LANE, DISTT. NANDED, MAHARASHTRA 431601
Branch
Nanded

SBIN0050625

SHOP NO 6 4 156 SAROFA OPPOSITE DHOT NIWAS NANDED
Branch
Nanded Adb

SBIN0020254

G DDDD D
Branch
Nanded SriNagar Colony

SBIN0020452

H DHK
Branch
Nanded Vazirabad

SBIN0020050

NRNAPTALBULDNGPAEEEANJUMANLANE
Branch
Penur

SBIN0018281

POST PENUR, LOHA, DIST NANDED, MAHARASHTRA-431708
Branch
Peth Umri A.d.b.

SBIN0005938

NANDEDTALUKA,
Branch
Racpc Nanded

SBIN0061077

APMCCOMPOUND,NEWMONDHA,NANDED,DISTT.NANDED.MH431602
Branch
Ramthirth Adb

SBIN0020453

SELSH
Branch
Rbo , Nanded

SBIN0014196

RBO 1 NANDED,VIP ROAD,NEW MONDHA,NANDED,DIST AURANGABAD 431602
Branch
Sarkhani

SBIN0020694

UWDRCDD
Branch
Sarsam

SBIN0007178

TQ HIMAYATNAGAR, DT NANDED, MAHARASHTRA 431802
Branch
Shiradhon

SBIN0021938

ERBHIMSHNKRVIDYLYATPOSTSHIRDHON
Branch
Shirur Dabade

SBIN0064509

AT POST SHIRUR DABADE,TALUKA MUKHED,DIST NANDED PINCODE 431715
Branch
Sme Branch Nanded

SBIN0063823

SHYAM VATS,DOCTOR LANE,NEAR KALA MANDIR NANDED-431601
Branch
Smec Nanded

SBIN0021775

SBI SMEC BRANCH,FIRST FLOOR,APMC COMPLEX,NEW MONDHA,NANDED-431602
Branch
Sonkhed

SBIN0020660

UHDRCDD
Branch
Tamsa

SBIN0020307

WD O OI IO
Branch
Taroda Naka, Nanded

SBIN0016667

DR.PREDEEP DAHALE BUILDING, OPPOSITE OF N.C.C. OFFICE, MALEGAON ROAD, TARODA NAKA, NANDED, DISTT.NANDED. MAHARASHTRA 431605
Branch
Tarodanaka Nanded

SBIN0020661

AUAESCAE
Branch
Tuppa

SBIN0009383

RATHORE CORNER, DEGLOOR ROAD, DIST NANDED, MAHARASHTRA 430603
Branch
Wadi - Nanded

SBIN0021935

HPN3URVEYN216A2CHHATRAPATIQUAREPURNARAD
Branch
Yatala

SBIN0020646

ODO E
Branch
Yeshwant Nagar Nanded

SBIN0001922

YASHWANT NAGAR, NANDED, MAHARASHTRA,431602

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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