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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of State Bank Of India for its Iltifatganj branch in Ambedkarnagar, Iltifatganj, or Uttar Pradesh, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of State Bank Of India located in Ambedkarnagar or anywhere in Uttar Pradesh can transfer funds instantly by using the correct IFSC Code SBIN0006005. 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, Iltifatganj, Ambedkarnagar

Here are some of the key details that come with the IFSC Code SBIN0006005 of State Bank Of India for its branch located in Ambedkarnagar, within the district of Iltifatganj in the state of Uttar Pradesh.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0006005
Branch Iltifatganj
City Ambedkarnagar
District Iltifatganj
State Uttar Pradesh
Address Dist Ambedkar Nagar, U P 224145

These details help users in online banking and for businesses and individuals who use State Bank Of India in Ambedkarnagar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0006005 for the Iltifatganj 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including State Bank Of India located in Iltifatganj, Ambedkarnagar, Uttar Pradesh, is provided with a unique IFSC like SBIN0006005 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the State Bank Of India branch in Ambedkarnagar.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any errors or confusions between multiple branches of the same bank across different places like Ambedkarnagar and Iltifatganj.
  • It reduces errors in fund transfers and improves accuracy.
  • It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Uttar Pradesh and the rest of India and the IFSC Code ensures that transactions meant for State Bank Of India in Iltifatganj do not get mixed with another location.

Format of the IFSC Code SBIN0006005

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 Iltifatganj in Ambedkarnagar.

For example, the IFSC Code SBIN0006005 of State Bank Of India for the Iltifatganj 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?

To find the IFSC Code SBIN0006005 of State Bank Of India for its Iltifatganj branch located in Ambedkarnagar, 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 Ambedkarnagar and Iltifatganj, 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 Iltifatganj or Ambedkarnagar to find the exact IFSC Code SBIN0006005.

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 Ambedkarnagar will provide accurate information.

How to Use IFSC Code SBIN0006005 for Online Transfers?

Once you have the IFSC Code SBIN0006005 for the Iltifatganj branch of State Bank Of India in Ambedkarnagar, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0006005. 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 SBIN0006005.

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 Iltifatganj in Ambedkarnagar, 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 Iltifatganj, 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 Iltifatganj Ambedkarnagar?

The IFSC Code of the Iltifatganj Ambedkarnagar branch is SBIN0006005.

Is IFSC Code SBIN0006005 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 Iltifatganj branch?

The branch is located at Dist Ambedkar Nagar, U P 224145.

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.