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 State Bank Institute Of Learning And Development,Jakkur, Bangalore branch in Bangalore, Banglore, Karnataka, 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 Bangalore or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code SBIN0041124. 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, State Bank Institute Of Learning And Development,Jakkur, Bangalore, Bangalore
Here are some of the key details that come with the IFSC Code SBIN0041124 of State Bank Of India for its branch located in Bangalore, within the district of Banglore in the state of Karnataka.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0041124 |
| Branch | State Bank Institute Of Learning And Development,Jakkur, Bangalore |
| City | Bangalore |
| District | Banglore |
| State | Karnataka |
| Address | Plot No.112, Ward No.7, Near To Jakkur Flying Club, Jakkur Main Road, Jakkur, Bangalore 560064 |
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 SBIN0041124 for the State Bank Institute Of Learning And Development,Jakkur, Bangalore 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, including State Bank Of India located in State Bank Institute Of Learning And Development,Jakkur, Bangalore, Bangalore, Karnataka, is provided with a unique IFSC like SBIN0041124 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the State Bank Of India branch in Bangalore.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Bangalore and Banglore.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Karnataka and the rest of India and the IFSC Code ensures that transactions meant for State Bank Of India in State Bank Institute Of Learning And Development,Jakkur, Bangalore do not get mixed with another location.
Format of the IFSC Code SBIN0041124
The format of the IFSC Code for banks, including State Bank Of India, follows 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 State Bank Institute Of Learning And Development,Jakkur, Bangalore in Bangalore.
For example, the IFSC Code SBIN0041124 of State Bank Of India for the State Bank Institute Of Learning And Development,Jakkur, Bangalore branch includes these elements, identifying the bank and the branch location in Bangalore and Karnataka accurately.
How to Find IFSC Code for State Bank Of India?
If you are trying to find the IFSC Code SBIN0041124 of State Bank Of India for its State Bank Institute Of Learning And Development,Jakkur, Bangalore branch located in Bangalore, 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 Bangalore and Banglore, 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 State Bank Institute Of Learning And Development,Jakkur, Bangalore or Bangalore to get the exact IFSC Code SBIN0041124.
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 Bangalore, you'll get the correct details.
How to Use IFSC Code SBIN0041124 for Online Transfers?
Once you have the IFSC Code SBIN0041124 for the State Bank Institute Of Learning And Development,Jakkur, Bangalore branch of State Bank Of India in Bangalore, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0041124. 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 SBIN0041124.
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 State Bank Institute Of Learning And Development,Jakkur, Bangalore in Bangalore 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 State Bank Institute Of Learning And Development,Jakkur, Bangalore, 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 Bangalore to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0041124.
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 Plot No.112, Ward No.7, Near To Jakkur Flying Club, Jakkur Main Road, Jakkur, Bangalore 560064 located in Bangalore, Banglore, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.