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 Sikandarpur, Ambedkar Nagar branch in Ambedkar Nagar, Sikandarpur Bazar, 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 Ambedkar Nagar or anywhere in Uttar Pradesh can transfer funds instantly by using the correct IFSC Code SBIN0017272. 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, Sikandarpur, Ambedkar Nagar, Ambedkar Nagar

Here are some of the key details that come with the IFSC Code SBIN0017272 of State Bank Of India for its branch located in Ambedkar Nagar, within the district of Sikandarpur Bazar in the state of Uttar Pradesh.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0017272
Branch Sikandarpur, Ambedkar Nagar
City Ambedkar Nagar
District Sikandarpur Bazar
State Uttar Pradesh
Address Sikanderpur, Dist.Ambedkar Nagar, Uttar Pradesh-224186

These details helps users in online banking and for businesses and individuals who use State Bank Of India in Ambedkar Nagar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0017272 for the Sikandarpur, Ambedkar Nagar 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including State Bank Of India located in Sikandarpur, Ambedkar Nagar, Ambedkar Nagar, Uttar Pradesh, is provided a unique IFSC like SBIN0017272 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 Ambedkar Nagar.
  • 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 Ambedkar Nagar and Sikandarpur Bazar.
  • 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 Sikandarpur, Ambedkar Nagar do not get misguided to another person.

Format of the IFSC Code SBIN0017272

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 Sikandarpur, Ambedkar Nagar in Ambedkar Nagar.

For example, the IFSC Code SBIN0017272 of State Bank Of India for the Sikandarpur, Ambedkar Nagar branch has these elements, identifying the bank and the branch location in Ambedkar Nagar and Uttar Pradesh correctly.

How to Find IFSC Code for State Bank Of India?

To find the IFSC Code SBIN0017272 of State Bank Of India for its Sikandarpur, Ambedkar Nagar branch located in Ambedkar Nagar, 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 Ambedkar Nagar and Sikandarpur Bazar, 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 Sikandarpur, Ambedkar Nagar or Ambedkar Nagar to find the exact IFSC Code SBIN0017272.

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 Ambedkar Nagar will provide accurate information.

How to Use IFSC Code SBIN0017272 for Online Transfers?

If you have the IFSC Code SBIN0017272 for the Sikandarpur, Ambedkar Nagar branch of State Bank Of India in Ambedkar Nagar, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0017272. 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 SBIN0017272.

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 Sikandarpur, Ambedkar Nagar in Ambedkar Nagar, 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 Sikandarpur, Ambedkar Nagar, 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 Ambedkar Nagar 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 Sikandarpur, Ambedkar Nagar Ambedkar Nagar?

The IFSC Code of the Sikandarpur, Ambedkar Nagar Ambedkar Nagar branch is SBIN0017272.

Is IFSC Code SBIN0017272 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 Sikandarpur, Ambedkar Nagar branch?

The branch is located at Sikanderpur, Dist.Ambedkar Nagar, Uttar Pradesh-224186.

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.