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IFSC Code of State Bank Of India, Rajajinagar Ii Block, Bangalore, Bangalore, Karnataka — SBIN0016873

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 Rajajinagar Ii Block, Bangalore branch in Bangalore Urban, Bangalore, 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 SBIN0016873. 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, Rajajinagar Ii Block, Bangalore, Bangalore Urban

Here are the main details that are associated with the IFSC Code SBIN0016873 of State Bank Of India for its branch located in Bangalore Urban, within the district of Bangalore in the state of Karnataka.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0016873
Branch Rajajinagar Ii Block, Bangalore
City Bangalore Urban
District Bangalore
State Karnataka
Address No. 2040, 19Th Main Road, Rajajinagar 2Nd Block Extn., Bbmp No. 61/11, Bangalore, Distt.Bangalore Urban. Karnataka 560010

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 SBIN0016873 for the Rajajinagar Ii Block, 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 Rajajinagar Ii Block, Bangalore, Bangalore Urban, Karnataka, are given a unique IFSC like SBIN0016873 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 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 Rajajinagar Ii Block, 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 SBIN0016873

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 Rajajinagar Ii Block, Bangalore in Bangalore Urban.

For example, the IFSC Code SBIN0016873 of State Bank Of India for the Rajajinagar Ii Block, Bangalore 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 trying to find the IFSC Code SBIN0016873 of State Bank Of India for its Rajajinagar Ii Block, Bangalore branch located in Bangalore Urban, 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 Urban and Bangalore, 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 Rajajinagar Ii Block, Bangalore or Bangalore Urban to get the exact IFSC Code SBIN0016873.

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 Urban, you'll get the correct details.

How to Use IFSC Code SBIN0016873 for Online Transfers?

Once you have the IFSC Code SBIN0016873 for the Rajajinagar Ii Block, Bangalore branch of State Bank Of India in Bangalore Urban, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0016873. 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 SBIN0016873.

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 Rajajinagar Ii Block, Bangalore in Bangalore Urban 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 Rajajinagar Ii Block, 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 Urban to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India in Rajajinagar Ii Block, Bangalore, Bangalore Urban?

The IFSC Code is SBIN0016873.

Is the IFSC Code SBIN0016873 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 Rajajinagar Ii Block, Bangalore?

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 Rajajinagar Ii Block, Bangalore branch?

The address of the branch is No. 2040, 19Th Main Road, Rajajinagar 2Nd Block Extn., Bbmp No. 61/11, Bangalore, Distt.Bangalore Urban. Karnataka 560010 located in Bangalore Urban, Bangalore, 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.

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