There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of State Bank Of India for its Kudair branch in Anantpur, Kudair, Andhra Pradesh, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of State Bank Of India situated in Anantpur or anywhere in Andhra Pradesh can easily transfer funds instantly by using the correct IFSC Code SBIN0014416. You should 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, Kudair, Anantpur

Below in the table are the key details related to IFSC Code SBIN0014416 of State Bank Of India for its branch located in Anantpur, within the district of Kudair in the state of Andhra Pradesh.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0014416
Branch Kudair
City Anantpur
District Kudair
State Andhra Pradesh
Address H No 2 By 619,Opp To Pw Colony,Kudair,Anantapur District,Andhra Pradesh 515711

These details are crucial, not just for online banking users but also for businesses and individuals who use State Bank Of India in Anantpur for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0014416 for the Kudair 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with State Bank Of India located in Kudair, Anantpur, Andhra Pradesh, are allotted a unique IFSC like SBIN0014416 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Anantpur.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Anantpur and Kudair.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It makes sure that money sent to State Bank Of India in Kudair reaches the right place, even though there are thousands of branches in Andhra Pradesh and across India.

Format of the IFSC Code SBIN0014416

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 Kudair in Anantpur.

For example, the IFSC Code SBIN0014416 of State Bank Of India for the Kudair branch includes these elements, identifying the bank and the branch location in Anantpur and Andhra Pradesh accurately.

How to Find IFSC Code for State Bank Of India?

To find the IFSC Code SBIN0014416 of State Bank Of India for its Kudair branch located in Anantpur, 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 Anantpur and Kudair, 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 Kudair or Anantpur to find the exact IFSC Code SBIN0014416.

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 Anantpur will provide accurate information.

How to Use IFSC Code SBIN0014416 for Online Transfers?

If you have the IFSC Code SBIN0014416 for the Kudair branch of State Bank Of India in Anantpur, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0014416. 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 SBIN0014416.

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 Kudair in Anantpur, it 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 Kudair, 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)

What is the IFSC Code of State Bank Of India Kudair Anantpur?

The IFSC Code of the Kudair Anantpur branch is SBIN0014416.

Is IFSC Code SBIN0014416 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 Kudair branch?

The branch is located at H No 2 By 619,Opp To Pw Colony,Kudair,Anantapur District,Andhra Pradesh 515711.

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.