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 Karnataka Layout Kurubaraballi branch in Bangalore, Bangalore, Karnataka, 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 Bangalore or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code SBIN0017346. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for State Bank Of India, Karnataka Layout Kurubaraballi, Bangalore
Here are the key points that are associated with the IFSC Code SBIN0017346 of State Bank Of India for its branch located in Bangalore, within the district of Bangalore in the state of Karnataka.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0017346 |
| Branch | Karnataka Layout Kurubaraballi |
| City | Bangalore |
| District | Bangalore |
| State | Karnataka |
| Address | No.34,Karnataka Layout,Kurumbarahalli Main Road,Bangalore,Dist.Bangalore.Karnataka 560 086 |
These details help users in online banking and for businesses and individuals who use State Bank Of India in Bangalore for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0017346 for the Karnataka Layout Kurubaraballi 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 Karnataka Layout Kurubaraballi, Bangalore, Karnataka, are given a unique IFSC like SBIN0017346 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Bangalore.
- 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 Bangalore and Bangalore.
- 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 Karnataka Layout Kurubaraballi goes to the correct branch. This is important because State Bank Of India has thousands of branches in Karnataka and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code SBIN0017346
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 Karnataka Layout Kurubaraballi in Bangalore.
For example, the IFSC Code SBIN0017346 of State Bank Of India for the Karnataka Layout Kurubaraballi branch includes these elements, identifying the bank and the branch location in Bangalore and Karnataka correctly.
How to Find IFSC Code for State Bank Of India?
If you are looking for the IFSC Code SBIN0017346 of State Bank Of India for its Karnataka Layout Kurubaraballi branch located in Bangalore, 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 Bangalore and Bangalore, 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 Karnataka Layout Kurubaraballi or Bangalore to get the exact IFSC Code SBIN0017346.
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 Bangalore, then it will provide you proper information.
How to Use IFSC Code SBIN0017346 for Online Transfers?
Once you have the IFSC Code SBIN0017346 for the Karnataka Layout Kurubaraballi branch of State Bank Of India in Bangalore, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SBIN0017346. 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 SBIN0017346.
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 Karnataka Layout Kurubaraballi in Bangalore, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of State Bank Of India in Karnataka Layout Kurubaraballi, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official State Bank Of India website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Bangalore manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0017346.
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 No.34,Karnataka Layout,Kurumbarahalli Main Road,Bangalore,Dist.Bangalore.Karnataka 560 086 located in Bangalore, Bangalore, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.