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 Baskhari branch in Ambedkarnagar, Ambedkar, Uttar Pradesh, 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 Ambedkarnagar or anywhere in Uttar Pradesh can transfer funds instantly by using the correct IFSC Code SBIN0011233. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for State Bank Of India, Baskhari, Ambedkarnagar

Here are some of the key details that come with the IFSC Code SBIN0011233 of State Bank Of India for its branch located in Ambedkarnagar, within the district of Ambedkar in the state of Uttar Pradesh.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0011233
Branch Baskhari
City Ambedkarnagar
District Ambedkar
State Uttar Pradesh
Address Dist,Ambedkar,Nagarstate,Uttar,Pradesh

These details are crucial, not just for online banking users but also for businesses and individuals who use State Bank Of India in Ambedkarnagar for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0011233 for the Baskhari branch of State Bank Of India has 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 Baskhari, Ambedkarnagar, Uttar Pradesh, are given a unique IFSC like SBIN0011233 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Ambedkarnagar.
  • 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 Ambedkarnagar and Ambedkar.
  • 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 Baskhari goes to the correct branch. This is important because State Bank Of India has thousands of branches in Uttar Pradesh and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code SBIN0011233

The format of the IFSC Code for banks, including State Bank Of India, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown of this:

  • First 4 characters (AAAA): Represent the bank code. For State Bank Of India, these characters are the bank's short identifier.
  • 5th character (0): Always zero which is reserved for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Baskhari in Ambedkarnagar.

For example, the IFSC Code SBIN0011233 of State Bank Of India for the Baskhari branch includes these elements, identifying the bank and the branch location in Ambedkarnagar and Uttar Pradesh accurately.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0011233 of State Bank Of India for its Baskhari branch located in Ambedkarnagar, 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 Ambedkarnagar and Ambedkar, 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 Baskhari or Ambedkarnagar to get the exact IFSC Code SBIN0011233.

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 Ambedkarnagar, you'll get the correct details.

How to Use IFSC Code SBIN0011233 for Online Transfers?

Once you have the IFSC Code SBIN0011233 for the Baskhari branch of State Bank Of India in Ambedkarnagar, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0011233. 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 SBIN0011233.

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 Baskhari in Ambedkarnagar 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 Baskhari, 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 Ambedkarnagar 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 in Baskhari, Ambedkarnagar?

The IFSC Code is SBIN0011233.

Is the IFSC Code SBIN0011233 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

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

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

What is the full address of the Baskhari branch?

The address of the branch is Dist,Ambedkar,Nagarstate,Uttar,Pradesh located in Ambedkarnagar, Ambedkar, Uttar Pradesh.

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.