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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of State Bank Of India for its Bommasandra branch in Bangalore Urban, Bommasandra, or Karnataka, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of State Bank Of India located in Bangalore Urban or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code SBIN0040879. 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, Bommasandra, Bangalore Urban

The table below shows the main details of the IFSC Code SBIN0040879 for the State Bank Of India branch in Bangalore Urban, which falls under the Bommasandra district in Karnataka.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0040879
Branch Bommasandra
City Bangalore Urban
District Bommasandra
State Karnataka
Address Jigani Hobli Anekal Taluk 560105 Bangalore Urban Karnataka

These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in Bangalore Urban for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0040879 for the Bommasandra 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 Bommasandra, Bangalore Urban, Karnataka, are given a unique IFSC like SBIN0040879 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 Urban.
  • 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 Urban and Bommasandra.
  • 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 Bommasandra 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 SBIN0040879

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 Bommasandra in Bangalore Urban.

For example, the IFSC Code SBIN0040879 of State Bank Of India for the Bommasandra branch includes these elements, identifying the bank and the branch location in Bangalore Urban and Karnataka correctly.

How to Find IFSC Code for State Bank Of India?

If you are looking for the IFSC Code SBIN0040879 of State Bank Of India for its Bommasandra branch located in Bangalore Urban, 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 Urban and Bommasandra, 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 Bommasandra or Bangalore Urban to get the exact IFSC Code SBIN0040879.

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 Urban, then it will provide you proper information.

How to Use IFSC Code SBIN0040879 for Online Transfers?

Once you have the IFSC Code SBIN0040879 for the Bommasandra branch of State Bank Of India in Bangalore Urban, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SBIN0040879. 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 SBIN0040879.

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 Bommasandra in Bangalore Urban, your payment can get delayed or might not go through at all.

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 Bommasandra, 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 Urban manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India in Bommasandra, Bangalore Urban?

The IFSC Code is SBIN0040879.

Is the IFSC Code SBIN0040879 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of State Bank Of India Bommasandra?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Bommasandra branch?

The address of the branch is Jigani Hobli Anekal Taluk 560105 Bangalore Urban Karnataka located in Bangalore Urban, Bommasandra, Karnataka.

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.