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 Vaherakhadi branch in Anand, Vaherakhadi, 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 Anand or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code SBIN0015496. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for State Bank Of India, Vaherakhadi, Anand

Below in the table are the key details related to IFSC Code SBIN0015496 of State Bank Of India for its branch located in Anand, within the district of Vaherakhadi in the state of Gujarat.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0015496
Branch Vaherakhadi
City Anand
District Vaherakhadi
State Gujarat
Address Near Vaherakhadi Dusm Ltd,Vaherakhadi, Dist Anand, Gujarat 388365

These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in Anand for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0015496 for the Vaherakhadi branch of State Bank Of India plays an 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 Vaherakhadi, Anand, Gujarat, are given a unique IFSC like SBIN0015496 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 Vaherakhadi.
  • 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 Vaherakhadi 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 SBIN0015496

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 Vaherakhadi in Anand.

For example, the IFSC Code SBIN0015496 of State Bank Of India for the Vaherakhadi 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 trying to find the IFSC Code SBIN0015496 of State Bank Of India for its Vaherakhadi branch located in Anand, the following methods can help:

Cheque Book

The cheque book issued by State Bank Of India includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

You can easily find the IFSC and MICR codes because most banks, including State Bank Of India branches in Anand and Vaherakhadi, print them on the first page of your passbook.

Bank Website

Visit the official website of State Bank Of India and navigate to the branch locator section. Search for Vaherakhadi or Anand to get the exact IFSC Code SBIN0015496.

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 keeps an updated list of all IFSC codes. If you search for State Bank Of India and Anand, you'll get the correct details.

How to Use IFSC Code SBIN0015496 for Online Transfers?

Once you have the IFSC Code SBIN0015496 for the Vaherakhadi branch of State Bank Of India in Anand, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0015496. 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 SBIN0015496.

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 Vaherakhadi in Anand, it can result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of State Bank Of India in Vaherakhadi, here are some of the ways you can get 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.

Knowing both IFSC and MICR code can help account holders in Anand manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India Vaherakhadi Anand?

The IFSC Code of the Vaherakhadi Anand branch is SBIN0015496.

Is IFSC Code SBIN0015496 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 Vaherakhadi branch?

The branch is located at Near Vaherakhadi Dusm Ltd,Vaherakhadi, Dist Anand, Gujarat 388365.

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.