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 Gandhi Bazar Anantapur branch in Anantpur, Anantpur, or Andhra Pradesh, 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 Anantpur or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code SBIN0001925. 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, Gandhi Bazar Anantapur, Anantpur
Here are some of the key details that come with the IFSC Code SBIN0001925 of State Bank Of India for its branch located in Anantpur, within the district of Anantpur in the state of Andhra Pradesh.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0001925 |
| Branch | Gandhi Bazar Anantapur |
| City | Anantpur |
| District | Anantpur |
| State | Andhra Pradesh |
| Address | Gandhi Bazaar,Anantapur,Andhra Pradesh,Pin 515005 |
These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in Anantpur for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0001925 for the Gandhi Bazar Anantapur 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 that is provided by the Reserve Bank of India. A unique IFSC like SBIN0001925 is given to every bank branch, including State Bank Of India located in Gandhi Bazar Anantapur, Anantpur, Andhra Pradesh, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the State Bank Of India branch in Anantpur.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Anantpur and Anantpur.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Andhra Pradesh and the rest of India, which is why the IFSC Code ensures that transactions meant for State Bank Of India in Gandhi Bazar Anantapur doesn't end up at another location.
Format of the IFSC Code SBIN0001925
The format of the IFSC Code for banks, including State Bank Of India, has 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 Gandhi Bazar Anantapur in Anantpur.
For example, the IFSC Code SBIN0001925 of State Bank Of India for the Gandhi Bazar Anantapur branch includes these elements, identifying the bank and the branch location in Anantpur and Andhra Pradesh correctly.
How to Find IFSC Code for State Bank Of India?
If you are trying to find the IFSC Code SBIN0001925 of State Bank Of India for its Gandhi Bazar Anantapur branch located in Anantpur, 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 Anantpur and Anantpur, 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 Gandhi Bazar Anantapur or Anantpur to get the exact IFSC Code SBIN0001925.
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 Anantpur, you'll get the correct details.
How to Use IFSC Code SBIN0001925 for Online Transfers?
Once you have the IFSC Code SBIN0001925 for the Gandhi Bazar Anantapur branch of State Bank Of India in Anantpur, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SBIN0001925. 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 SBIN0001925.
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 Gandhi Bazar Anantapur in Anantpur, 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 Gandhi Bazar Anantapur, 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 Anantpur to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Gandhi Bazar Anantapur Anantpur branch is SBIN0001925.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Gandhi Bazaar,Anantapur,Andhra Pradesh,Pin 515005.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.