Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of State Bank Of India for its Sme Branch Manchirial branch in Adilabad, Adilabad, or Andhra Pradesh, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of State Bank Of India located in Adilabad or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code SBIN0020917. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for State Bank Of India, Sme Branch Manchirial, Adilabad
Below in the table are the key details related to IFSC Code SBIN0020917 of State Bank Of India for its branch located in Adilabad, within the district of Adilabad in the state of Andhra Pradesh.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0020917 |
| Branch | Sme Branch Manchirial |
| City | Adilabad |
| District | Adilabad |
| State | Andhra Pradesh |
| Address | Hno8 401 Main Roadmancherial Townadilabad District Andhra Pradesh |
These details help users in online banking and for businesses and individuals who use State Bank Of India in Adilabad for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0020917 for the Sme Branch Manchirial branch of State Bank Of India has a very important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including State Bank Of India located in Sme Branch Manchirial, Adilabad, Andhra Pradesh, is provided with a unique IFSC like SBIN0020917 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the State Bank Of India branch in Adilabad.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Adilabad and Adilabad.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Andhra Pradesh and the rest of India and the IFSC Code ensures that transactions meant for State Bank Of India in Sme Branch Manchirial do not get mixed with another location.
Format of the IFSC Code SBIN0020917
The format of the IFSC Code for banks, including State Bank Of India, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For State Bank Of India, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Sme Branch Manchirial in Adilabad.
For example, the IFSC Code SBIN0020917 of State Bank Of India for the Sme Branch Manchirial branch includes these elements, identifying the bank and the branch location in Adilabad and Andhra Pradesh accurately.
How to Find IFSC Code for State Bank Of India?
To find the IFSC Code SBIN0020917 of State Bank Of India for its Sme Branch Manchirial branch located in Adilabad, the following methods can help you out:
Cheque Book
The cheque book issued by State Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including State Bank Of India branches in Adilabad and Adilabad, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of State Bank Of India and go to the branch locator section. Then search for Sme Branch Manchirial or Adilabad to find the exact IFSC Code SBIN0020917.
Mobile Banking App
If you use State Bank Of India's mobile app, you can check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India maintains an updated database of all IFSC codes. Searching for State Bank Of India and Adilabad will provide accurate information.
How to Use IFSC Code SBIN0020917 for Online Transfers?
If you have the IFSC Code SBIN0020917 for the Sme Branch Manchirial branch of State Bank Of India in Adilabad, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0020917. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. Asks for the recipient's account details and State Bank Of India IFSC Code SBIN0020917.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for State Bank Of India Sme Branch Manchirial in Adilabad, it may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of State Bank Of India in Sme Branch Manchirial, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official State Bank Of India website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Adilabad manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0020917.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Hno8 401 Main Roadmancherial Townadilabad District Andhra Pradesh located in Adilabad, Adilabad, Andhra Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.