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IFSC Code of State Bank Of India, Kasavanahalli, Bangalore, Bangalore, Karnataka — SBIN0016212

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 Kasavanahalli, Bangalore branch in Bangalore, Bangalore, Karnataka, 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 Bangalore or anywhere in Karnataka can easily transfer funds instantly by using the correct IFSC Code SBIN0016212. 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, Kasavanahalli, Bangalore, Bangalore

Here are some of the key details that come with the IFSC Code SBIN0016212 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 SBIN0016212
Branch Kasavanahalli, Bangalore
City Bangalore
District Bangalore
State Karnataka
Address L K Plaza, Sy.No. 9/1, Varthur Hobli, Kasavanahalli Main Road, Bangalore. Karanatka560035.

These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in Bangalore for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0016212 for the Kasavanahalli, Bangalore 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 Kasavanahalli, Bangalore, Bangalore, Karnataka, are given a unique IFSC like SBIN0016212 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 Kasavanahalli, Bangalore 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 SBIN0016212

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 Kasavanahalli, Bangalore in Bangalore.

For example, the IFSC Code SBIN0016212 of State Bank Of India for the Kasavanahalli, Bangalore 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 trying to find the IFSC Code SBIN0016212 of State Bank Of India for its Kasavanahalli, Bangalore branch located in Bangalore, the following methods can help:

Cheque Book

The cheque books that are issued by State Bank Of India include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most 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

Visit the official website of State Bank Of India and find the branch locator section. Search for Kasavanahalli, Bangalore or Bangalore to get the exact IFSC Code SBIN0016212.

Mobile Banking App

If you use State Bank Of India's mobile app, you can easily 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 to help you in searching for State Bank Of India and Bangalore that will provide accurate information.

How to Use IFSC Code SBIN0016212 for Online Transfers?

If you have the IFSC Code SBIN0016212 for the Kasavanahalli, Bangalore branch of State Bank Of India in Bangalore, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0016212. 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 SBIN0016212.

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 Kasavanahalli, Bangalore in Bangalore, 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 Kasavanahalli, Bangalore, here are some ways that 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.

If you know both IFSC and MICR codes, then it can help account holders in Bangalore manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India Kasavanahalli, Bangalore Bangalore?

The IFSC Code of the Kasavanahalli, Bangalore Bangalore branch is SBIN0016212.

Is IFSC Code SBIN0016212 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 Kasavanahalli, Bangalore branch?

The branch is located at L K Plaza, Sy.No. 9/1, Varthur Hobli, Kasavanahalli Main Road, Bangalore. Karanatka560035..

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.

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