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 Mini Currency Administation Cell, Anand branch in Anand, Anand, or Gujarat, 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 Anand or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code SBIN0014816. 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, Mini Currency Administation Cell, Anand, Anand

Here are the main details that are associated with the IFSC Code SBIN0014816 of State Bank Of India for its branch located in Anand, within the district of Anand in the state of Gujarat.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0014816
Branch Mini Currency Administation Cell, Anand
City Anand
District Anand
State Gujarat
Address Ground Floor, Anand Main Branch, Near Dn High School, Anand 388001

These details help users in online banking and for businesses and individuals who use State Bank Of India in Anand for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0014816 for the Mini Currency Administation Cell, Anand 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, along with State Bank Of India located in Mini Currency Administation Cell, Anand, Anand, Gujarat, are given a unique IFSC like SBIN0014816 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Anand.
  • 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 Anand and Anand.
  • 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 Mini Currency Administation Cell, Anand 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 SBIN0014816

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 Mini Currency Administation Cell, Anand in Anand.

For example, the IFSC Code SBIN0014816 of State Bank Of India for the Mini Currency Administation Cell, Anand branch includes these elements, identifying the bank and the branch location in Anand and Gujarat accurately.

How to Find IFSC Code for State Bank Of India?

If you are looking for the IFSC Code SBIN0014816 of State Bank Of India for its Mini Currency Administation Cell, Anand branch located in Anand, 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 Anand and Anand, 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 Mini Currency Administation Cell, Anand or Anand to get the exact IFSC Code SBIN0014816.

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 Anand, then it will provide you proper information.

How to Use IFSC Code SBIN0014816 for Online Transfers?

Once you have the IFSC Code SBIN0014816 for the Mini Currency Administation Cell, Anand branch of State Bank Of India in Anand, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SBIN0014816. The transfer is completed in batches instead of instantly. It is useful for both 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 SBIN0014816.

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 Mini Currency Administation Cell, Anand in Anand, 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 Mini Currency Administation Cell, Anand, 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 Anand 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 Mini Currency Administation Cell, Anand Anand?

The IFSC Code of the Mini Currency Administation Cell, Anand Anand branch is SBIN0014816.

Is IFSC Code SBIN0014816 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 Mini Currency Administation Cell, Anand branch?

The branch is located at Ground Floor, Anand Main Branch, Near Dn High School, Anand 388001.

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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