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 Chandur Rly. branch in Amravati, Chandur, 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 Amravati or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code SBIN0001051. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for State Bank Of India, Chandur Rly., Amravati

The table below shows the main details of the IFSC Code SBIN0001051 for the State Bank Of India branch in Amravati, which falls under the Chandur district in Maharashtra.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0001051
Branch Chandur Rly.
City Amravati
District Chandur
State Maharashtra
Address Amravati, Maharashtra 444904

These details help users in online banking and for businesses and individuals who use State Bank Of India in Amravati for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0001051 for the Chandur Rly. 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including State Bank Of India located in Chandur Rly., Amravati, Maharashtra, is provided a unique IFSC like SBIN0001051 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 Amravati.
  • 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 Amravati and Chandur.
  • 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 Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for State Bank Of India in Chandur Rly. do not get misguided to another person.

Format of the IFSC Code SBIN0001051

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

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For State Bank Of India, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Chandur Rly. in Amravati.

For example, the IFSC Code SBIN0001051 of State Bank Of India for the Chandur Rly. branch includes these elements, identifying the bank and the branch location in Amravati and Maharashtra accurately.

How to Find IFSC Code for State Bank Of India?

If you are looking for the IFSC Code SBIN0001051 of State Bank Of India for its Chandur Rly. branch located in Amravati, the following methods can help:

Cheque Book

The cheque book that is issued by State Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

Most of the banks, including State Bank Of India branches in Amravati and Chandur, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

You can visit the official website of State Bank Of India and look for the branch locator section, then search for Chandur Rly. or Amravati to get the exact IFSC Code SBIN0001051.

Mobile Banking App

If you use State Bank Of India's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for State Bank Of India and Amravati, then it will provide you proper information.

How to Use IFSC Code SBIN0001051 for Online Transfers?

Once you have the IFSC Code SBIN0001051 for the Chandur Rly. branch of State Bank Of India in Amravati, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SBIN0001051. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 SBIN0001051.

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 Chandur Rly. in Amravati, your payment can get delayed or might not go through at all.

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 Chandur Rly., 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 Amravati 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 Chandur Rly. Amravati?

The IFSC Code of the Chandur Rly. Amravati branch is SBIN0001051.

Is IFSC Code SBIN0001051 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 Chandur Rly. branch?

The branch is located at Amravati, Maharashtra 444904.

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.