There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of State Bank Of India for its Armoured Corp Centre School branch in Ahmednagar, Ahmednagar, Maharashtra, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of State Bank Of India situated in Ahmednagar or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code SBIN0017553. You should 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, Armoured Corp Centre School, Ahmednagar

Here are the main details that are associated with the IFSC Code SBIN0017553 of State Bank Of India for its branch located in Ahmednagar, within the district of Ahmednagar in the state of Maharashtra.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0017553
Branch Armoured Corp Centre School
City Ahmednagar
District Ahmednagar
State Maharashtra
Address Armoured Corp Centre And School,Acc And S,Nagar Jamkhed Road,Dist.Ahmednagar.Maharashtra 413201

These details helps users in online banking and for businesses and individuals who use State Bank Of India in Ahmednagar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0017553 for the Armoured Corp Centre School branch of State Bank Of India plays a vital 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, along with State Bank Of India located in Armoured Corp Centre School, Ahmednagar, Maharashtra, are allotted a unique IFSC like SBIN0017553 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Ahmednagar.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Ahmednagar and Ahmednagar.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It makes sure that money sent to State Bank Of India in Armoured Corp Centre School reaches the right place, even though there are thousands of branches in Maharashtra and across India.

Format of the IFSC Code SBIN0017553

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 Armoured Corp Centre School in Ahmednagar.

For example, the IFSC Code SBIN0017553 of State Bank Of India for the Armoured Corp Centre School branch has these elements, identifying the bank and the branch location in Ahmednagar and Maharashtra correctly.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0017553 of State Bank Of India for its Armoured Corp Centre School branch located in Ahmednagar, the following methods can help:

Cheque Book

The cheque books that are issued by State Bank Of India include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including State Bank Of India branches in Ahmednagar and Ahmednagar, 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 find the branch locator section. Search for Armoured Corp Centre School or Ahmednagar to get the exact IFSC Code SBIN0017553.

Mobile Banking App

If you use State Bank Of India's mobile app, you can easily 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 to help you in searching for State Bank Of India and Ahmednagar that will provide accurate information.

How to Use IFSC Code SBIN0017553 for Online Transfers?

If you have the IFSC Code SBIN0017553 for the Armoured Corp Centre School branch of State Bank Of India in Ahmednagar, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0017553. 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 SBIN0017553.

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 Armoured Corp Centre School in Ahmednagar, it 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 Armoured Corp Centre School, here are some ways that you can get 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.

If you know both IFSC and MICR codes, then it can help account holders in Ahmednagar manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India Armoured Corp Centre School Ahmednagar?

The IFSC Code of the Armoured Corp Centre School Ahmednagar branch is SBIN0017553.

Is IFSC Code SBIN0017553 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the State Bank Of India Armoured Corp Centre School branch?

The branch is located at Armoured Corp Centre And School,Acc And S,Nagar Jamkhed Road,Dist.Ahmednagar.Maharashtra 413201.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

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