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 Sme Amravati branch in Amravati, Amravati, 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 SBIN0016755. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for State Bank Of India, Sme Amravati, Amravati

Below in the table are the key details related to IFSC Code SBIN0016755 of State Bank Of India for its branch located in Amravati, within the district of Amravati in the state of Maharashtra.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0016755
Branch Sme Amravati
City Amravati
District Amravati
State Maharashtra
Address Apmc Building, Old Cotton Market, Malviya Chowk, Amravati, Distt.Amravati. Maharashtra 444601

These details are crucial, not just for online banking users but also for businesses and individuals who use State Bank Of India in Amravati for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0016755 for the Sme Amravati 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including State Bank Of India located in Sme Amravati, Amravati, Maharashtra, is provided a unique IFSC like SBIN0016755 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 Amravati.
  • 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 Sme Amravati do not get misguided to another person.

Format of the IFSC Code SBIN0016755

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 Sme Amravati in Amravati.

For example, the IFSC Code SBIN0016755 of State Bank Of India for the Sme Amravati 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?

To find the IFSC Code SBIN0016755 of State Bank Of India for its Sme Amravati branch located in Amravati, 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 Amravati and Amravati, 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 Sme Amravati or Amravati to find the exact IFSC Code SBIN0016755.

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 Amravati will provide accurate information.

How to Use IFSC Code SBIN0016755 for Online Transfers?

Once you have the IFSC Code SBIN0016755 for the Sme Amravati branch of State Bank Of India in Amravati, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0016755. 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 SBIN0016755.

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 Sme Amravati in Amravati 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 Sme Amravati, 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 in Sme Amravati, Amravati?

The IFSC Code is SBIN0016755.

Is the IFSC Code SBIN0016755 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

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

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

What is the full address of the Sme Amravati branch?

The address of the branch is Apmc Building, Old Cotton Market, Malviya Chowk, Amravati, Distt.Amravati. Maharashtra 444601 located in Amravati, Amravati, Maharashtra.

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.

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