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 Ssi Jp Nagar 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 SBIN0006959. 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, Ssi Jp Nagar, Bangalore Urban
The table below shows the main details of the IFSC Code SBIN0006959 for the State Bank Of India branch in Bangalore Urban, which falls under the Bangalore district in Karnataka.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0006959 |
| Branch | Ssi Jp Nagar |
| City | Bangalore Urban |
| District | Bangalore |
| State | Karnataka |
| Address | Ssi Jp Nagar, No 11, 20Th Main, 15Th Cross, Jp Ngar Phase V, Bangalorepin - 560078 |
These details help users in online banking and for businesses and individuals who use State Bank Of India in Bangalore Urban for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0006959 for the Ssi Jp Nagar 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including State Bank Of India located in Ssi Jp Nagar, Bangalore Urban, Karnataka, is provided a unique IFSC like SBIN0006959 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the State Bank Of India branch in Bangalore Urban.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Bangalore Urban and Bangalore.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Karnataka and the rest of India, the IFSC Code ensures that transactions meant for State Bank Of India in Ssi Jp Nagar do not get misguided to another person.
Format of the IFSC Code SBIN0006959
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 Ssi Jp Nagar in Bangalore Urban.
For example, the IFSC Code SBIN0006959 of State Bank Of India for the Ssi Jp Nagar 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 SBIN0006959 of State Bank Of India for its Ssi Jp Nagar 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
Most banks, including State Bank Of India branches in Bangalore Urban and Bangalore, print the IFSC and MICR codes 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 Ssi Jp Nagar or Bangalore Urban to get the exact IFSC Code SBIN0006959.
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 SBIN0006959 for Online Transfers?
Once you have the IFSC Code SBIN0006959 for the Ssi Jp Nagar 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 SBIN0006959. 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 SBIN0006959.
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 Ssi Jp Nagar in Bangalore Urban, 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 Ssi Jp Nagar, 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 Urban manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0006959.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Ssi Jp Nagar, No 11, 20Th Main, 15Th Cross, Jp Ngar Phase V, Bangalorepin - 560078 located in Bangalore Urban, Bangalore, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.