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 Loni-Vyankanath (Ahmednagar) branch in Ahmednagar, Lonivyankanath, Maharashtra, 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 Ahmednagar or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code SBIN0012466. 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, Loni-Vyankanath (Ahmednagar), Ahmednagar

Below in the table are the key details related to IFSC Code SBIN0012466 of State Bank Of India for its branch located in Ahmednagar, within the district of Lonivyankanath in the state of Maharashtra.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0012466
Branch Loni-Vyankanath (Ahmednagar)
City Ahmednagar
District Lonivyankanath
State Maharashtra
Address Post Lonivyankanath,Taluka Shrigonda,Dist Ahmednagar413702

These details help 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 SBIN0012466 for the Loni-Vyankanath (Ahmednagar) 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including State Bank Of India located in Loni-Vyankanath (Ahmednagar), Ahmednagar, Maharashtra, is provided a unique IFSC like SBIN0012466 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the State Bank Of India branch in Ahmednagar.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Ahmednagar and Lonivyankanath.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for State Bank Of India in Loni-Vyankanath (Ahmednagar) do not get misguided to another person.

Format of the IFSC Code SBIN0012466

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): Show the bank code. For State Bank Of India, these letters represent the bank's short name.
  • 5th character: Is always zero and is kept for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Loni-Vyankanath (Ahmednagar) in Ahmednagar.

For example, the IFSC Code SBIN0012466 of State Bank Of India for the Loni-Vyankanath (Ahmednagar) branch includes these elements, identifying the bank and the branch location in Ahmednagar and Maharashtra accurately.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0012466 of State Bank Of India for its Loni-Vyankanath (Ahmednagar) branch located in Ahmednagar, 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

You can easily find the IFSC and MICR codes because most banks, including State Bank Of India branches in Ahmednagar and Lonivyankanath, print them 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 Loni-Vyankanath (Ahmednagar) or Ahmednagar to get the exact IFSC Code SBIN0012466.

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 Ahmednagar, you'll get the correct details.

How to Use IFSC Code SBIN0012466 for Online Transfers?

Once you have the IFSC Code SBIN0012466 for the Loni-Vyankanath (Ahmednagar) branch of State Bank Of India in Ahmednagar, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0012466. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and State Bank Of India IFSC Code SBIN0012466.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for State Bank Of India Loni-Vyankanath (Ahmednagar) in Ahmednagar, it can 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 Loni-Vyankanath (Ahmednagar), 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 Ahmednagar to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India Loni-Vyankanath (Ahmednagar) Ahmednagar?

The IFSC Code of the Loni-Vyankanath (Ahmednagar) Ahmednagar branch is SBIN0012466.

Is IFSC Code SBIN0012466 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 Loni-Vyankanath (Ahmednagar) branch?

The branch is located at Post Lonivyankanath,Taluka Shrigonda,Dist Ahmednagar413702.

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.