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 Mlnrec, Allahabad branch in Allahabad, Allahabad, Uttar Pradesh, 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 Allahabad or anywhere in Uttar Pradesh can easily transfer funds instantly by using the correct IFSC Code SBIN0002580. 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, Mlnrec, Allahabad, Allahabad
Here are the main details that are associated with the IFSC Code SBIN0002580 of State Bank Of India for its branch located in Allahabad, within the district of Allahabad in the state of Uttar Pradesh.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0002580 |
| Branch | Mlnrec, Allahabad |
| City | Allahabad |
| District | Allahabad |
| State | Uttar Pradesh |
| Address | Teliarganj,Allahabad,Uttar Pradesh,Pin 211004 |
These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in Allahabad for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0002580 for the Mlnrec, Allahabad 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including State Bank Of India located in Mlnrec, Allahabad, Allahabad, Uttar Pradesh, is provided a unique IFSC like SBIN0002580 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 Allahabad.
- 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 Allahabad and Allahabad.
- 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 Uttar Pradesh and the rest of India, the IFSC Code ensures that transactions meant for State Bank Of India in Mlnrec, Allahabad do not get misguided to another person.
Format of the IFSC Code SBIN0002580
The format of the IFSC Code for banks, including State Bank Of India, has 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 Mlnrec, Allahabad in Allahabad.
For example, the IFSC Code SBIN0002580 of State Bank Of India for the Mlnrec, Allahabad branch includes these elements, identifying the bank and the branch location in Allahabad and Uttar Pradesh correctly.
How to Find IFSC Code for State Bank Of India?
To find the IFSC Code SBIN0002580 of State Bank Of India for its Mlnrec, Allahabad branch located in Allahabad, 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 Allahabad and Allahabad, 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 Mlnrec, Allahabad or Allahabad to find the exact IFSC Code SBIN0002580.
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 Allahabad will provide accurate information.
How to Use IFSC Code SBIN0002580 for Online Transfers?
Once you have the IFSC Code SBIN0002580 for the Mlnrec, Allahabad branch of State Bank Of India in Allahabad, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SBIN0002580. The transfer is completed in batches instead of instantly. It is useful for both 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 SBIN0002580.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the State Bank Of India Mlnrec, Allahabad in Allahabad, your payment can get delayed or might not go through at all.
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 Mlnrec, Allahabad, 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 Allahabad manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0002580.
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 Teliarganj,Allahabad,Uttar Pradesh,Pin 211004 located in Allahabad, Allahabad, Uttar Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.