The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of State Bank Of India for its Pimpri Nirmal branch in Ahmednagar, Pimpri Nirmal, Maharashtra, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of State Bank Of India located in Ahmednagar or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code SBIN0018966. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for State Bank Of India, Pimpri Nirmal, Ahmednagar

The table below shows the main details of the IFSC Code SBIN0018966 for the State Bank Of India branch in Ahmednagar, which falls under the Pimpri Nirmal district in Maharashtra.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0018966
Branch Pimpri Nirmal
City Ahmednagar
District Pimpri Nirmal
State Maharashtra
Address Dr Rao Saheb Nanasaheb More, Mourya Complex, Nagar Manmad Road, Post-Pimpri Nirmal, Dist.Ahmednagar, Mh-423107

These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in Ahmednagar for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0018966 for the Pimpri Nirmal branch of State Bank Of India plays 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, along with State Bank Of India located in Pimpri Nirmal, Ahmednagar, Maharashtra, are given a unique IFSC like SBIN0018966 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 any kind of confusion between different branches of the same bank in places like Ahmednagar and Pimpri Nirmal.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to State Bank Of India in Pimpri Nirmal goes to the correct branch. This is important because State Bank Of India has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code SBIN0018966

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 Pimpri Nirmal in Ahmednagar.

For example, the IFSC Code SBIN0018966 of State Bank Of India for the Pimpri Nirmal 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 SBIN0018966 of State Bank Of India for its Pimpri Nirmal 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

Most banks, including State Bank Of India branches in Ahmednagar and Pimpri Nirmal, 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 Pimpri Nirmal or Ahmednagar to get the exact IFSC Code SBIN0018966.

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 SBIN0018966 for Online Transfers?

Once you have the IFSC Code SBIN0018966 for the Pimpri Nirmal branch of State Bank Of India in Ahmednagar, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0018966. 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 SBIN0018966.

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 Pimpri Nirmal in Ahmednagar may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of State Bank Of India in Pimpri Nirmal, here are some of the ways 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.

Knowing both IFSC and MICR code can help account holders in Ahmednagar manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India in Pimpri Nirmal, Ahmednagar?

The IFSC Code is SBIN0018966.

Is the IFSC Code SBIN0018966 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of State Bank Of India Pimpri Nirmal?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Pimpri Nirmal branch?

The address of the branch is Dr Rao Saheb Nanasaheb More, Mourya Complex, Nagar Manmad Road, Post-Pimpri Nirmal, Dist.Ahmednagar, Mh-423107 located in Ahmednagar, Pimpri Nirmal, Maharashtra.

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.