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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of State Bank Of India for its Akola branch in Agra, Agra, Uttar Pradesh, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of State Bank Of India located in Agra or anywhere in Uttar Pradesh can transfer funds instantly by using the correct IFSC Code SBIN0012469. 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, Akola, Agra
The table below shows the main details of the IFSC Code SBIN0012469 for the State Bank Of India branch in Agra, which falls under the Agra district in Uttar Pradesh.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0012469 |
| Branch | Akola |
| City | Agra |
| District | Agra |
| State | Uttar Pradesh |
| Address | Agra Kagarole Road,Agra,Distt Agra,283102,Dist |
These details are crucial, not just for online banking users but also for businesses and individuals who use State Bank Of India in Agra for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0012469 for the Akola branch of State Bank Of India has an 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 Akola, Agra, Uttar Pradesh, is provided with a unique IFSC like SBIN0012469 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 Agra.
- 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 Agra and Agra.
- 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 Uttar Pradesh and the rest of India and the IFSC Code ensures that transactions meant for State Bank Of India in Akola do not get mixed with another location.
Format of the IFSC Code SBIN0012469
The format of the IFSC Code for banks, including State Bank Of India, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): These represent the bank code. In State Bank Of India, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Akola in Agra.
For example, the IFSC Code SBIN0012469 of State Bank Of India for the Akola branch has these elements, identifying the bank and the branch location in Agra and Uttar Pradesh correctly.
How to Find IFSC Code for State Bank Of India?
If you are trying to find the IFSC Code SBIN0012469 of State Bank Of India for its Akola branch located in Agra, the following methods can help:
Cheque Book
The cheque book issued by State Bank Of India includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
Most banks, including State Bank Of India branches in Agra and Agra, print the IFSC and MICR codes on the first page of your passbook.
Bank Website
Visit the official website of State Bank Of India and navigate to the branch locator section. Search for Akola or Agra to get the exact IFSC Code SBIN0012469.
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 keeps an updated list of all IFSC codes. If you search for State Bank Of India and Agra, you'll get the correct details.
How to Use IFSC Code SBIN0012469 for Online Transfers?
Once you have the IFSC Code SBIN0012469 for the Akola branch of State Bank Of India in Agra, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0012469. Transfers are processed in batches. This is 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. Requires the recipient's account details and State Bank Of India IFSC Code SBIN0012469.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for State Bank Of India Akola in Agra may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of State Bank Of India in Akola, here are some ways to obtain it:
- Check the bottom of your cheque leaf.
- Refer to the first page of your passbook.
- Visit the official State Bank Of India website.
- Search the RBI portal.
Having both the IFSC and MICR codes makes it easy for account holders in Agra to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0012469.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Agra Kagarole Road,Agra,Distt Agra,283102,Dist located in Agra, Agra, Uttar Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.