IFSC Code of State Bank Of India, Lathi Road, Amreli, Amreli, Gujarat — SBIN0015502

For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of State Bank Of India for its Lathi Road, Amreli branch in Amreli, Amreli, Gujarat, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of State Bank Of India located in Amreli or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code SBIN0015502. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for State Bank Of India, Lathi Road, Amreli, Amreli

Here are the main details that are associated with the IFSC Code SBIN0015502 of State Bank Of India for its branch located in Amreli, within the district of Amreli in the state of Gujarat.

These details are important not only for users using online banking but also for businesses and individuals who use State Bank Of India in Amreli for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0015502 for the Lathi Road, Amreli branch of State Bank Of India is vital.

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 Lathi Road, Amreli, Amreli, Gujarat, are given a unique IFSC like SBIN0015502 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

Format of the IFSC Code SBIN0015502

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 Lathi Road, Amreli in Amreli.

For example, the IFSC Code SBIN0015502 of State Bank Of India for the Lathi Road, Amreli branch has these elements, identifying the bank and the branch location in Amreli and Gujarat correctly.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0015502 of State Bank Of India for its Lathi Road, Amreli branch located in Amreli, the following methods can help:

Cheque Book

The cheque books that are issued by State Bank Of India include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including State Bank Of India branches in Amreli and Amreli, 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 find the branch locator section. Search for Lathi Road, Amreli or Amreli to get the exact IFSC Code SBIN0015502.

Mobile Banking App

If you use State Bank Of India's mobile app, you can easily 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 to help you in searching for State Bank Of India and Amreli that will provide accurate information.

How to Use IFSC Code SBIN0015502 for Online Transfers?

If you have the IFSC Code SBIN0015502 for the Lathi Road, Amreli branch of State Bank Of India in Amreli, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0015502. 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 SBIN0015502.

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 Lathi Road, Amreli in Amreli, it may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of State Bank Of India in Lathi Road, Amreli, you can find it by any of the following ways:

• Check the bottom of your cheque leaf.
• Go to the first page of your passbook.
• Visit the official State Bank Of India website.
• Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Amreli manage online transfers as well as cheque clearances with ease.