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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of State Bank Of India for its Mini Racpc Vikarabad branch in Bandlaguda, Bandlaguda, Telangana, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of State Bank Of India located in Bandlaguda or anywhere in Telangana can transfer funds instantly by using the correct IFSC Code SBIN0064141. 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 Racpc Vikarabad, Bandlaguda
Here are the main details that are associated with the IFSC Code SBIN0064141 of State Bank Of India for its branch located in Bandlaguda, within the district of Bandlaguda in the state of Telangana.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0064141 |
| Branch | Mini Racpc Vikarabad |
| City | Bandlaguda |
| District | Bandlaguda |
| State | Telangana |
| Address | Enr Complex,Beside More Super Market,Hydershakote Post-Suncity,Bandlaguda-500091 |
These details are crucial, not just for online banking users but also for businesses and individuals who use State Bank Of India in Bandlaguda for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0064141 for the Mini Racpc Vikarabad 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including State Bank Of India located in Mini Racpc Vikarabad, Bandlaguda, Telangana, is provided a unique IFSC like SBIN0064141 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the State Bank Of India branch in Bandlaguda.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Bandlaguda and Bandlaguda.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Telangana and the rest of India, the IFSC Code ensures that transactions meant for State Bank Of India in Mini Racpc Vikarabad do not get misguided to another person.
Format of the IFSC Code SBIN0064141
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 Mini Racpc Vikarabad in Bandlaguda.
For example, the IFSC Code SBIN0064141 of State Bank Of India for the Mini Racpc Vikarabad branch includes these elements, identifying the bank and the branch location in Bandlaguda and Telangana accurately.
How to Find IFSC Code for State Bank Of India?
To find the IFSC Code SBIN0064141 of State Bank Of India for its Mini Racpc Vikarabad branch located in Bandlaguda, 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 Bandlaguda and Bandlaguda, 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 Mini Racpc Vikarabad or Bandlaguda to find the exact IFSC Code SBIN0064141.
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 Bandlaguda will provide accurate information.
How to Use IFSC Code SBIN0064141 for Online Transfers?
Once you have the IFSC Code SBIN0064141 for the Mini Racpc Vikarabad branch of State Bank Of India in Bandlaguda, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0064141. Transfers are processed in batches. This is 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. Requires the recipient's account details and State Bank Of India IFSC Code SBIN0064141.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for State Bank Of India Mini Racpc Vikarabad in Bandlaguda 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 Mini Racpc Vikarabad, 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 Bandlaguda to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0064141.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Enr Complex,Beside More Super Market,Hydershakote Post-Suncity,Bandlaguda-500091 located in Bandlaguda, Bandlaguda, Telangana.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.