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 Stressed Assets Resolution Centre 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 SBIN0005173. 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, Stressed Assets Resolution Centre, Bangalore Urban
The table below shows the main details of the IFSC Code SBIN0005173 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 | SBIN0005173 |
| Branch | Stressed Assets Resolution Centre |
| City | Bangalore Urban |
| District | Bangalore |
| State | Karnataka |
| Address | Dist Bangalore Urbanstate Karnataka |
These details helps 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 SBIN0005173 for the Stressed Assets Resolution Centre branch of State Bank Of India plays a vital 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 Stressed Assets Resolution Centre, Bangalore Urban, Karnataka, are allotted a unique IFSC like SBIN0005173 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 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 makes sure that money sent to State Bank Of India in Stressed Assets Resolution Centre reaches the right place, even though there are thousands of branches in Karnataka and across India.
Format of the IFSC Code SBIN0005173
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 Stressed Assets Resolution Centre in Bangalore Urban.
For example, the IFSC Code SBIN0005173 of State Bank Of India for the Stressed Assets Resolution Centre branch includes these elements, identifying the bank and the branch location in Bangalore Urban and Karnataka accurately.
How to Find IFSC Code for State Bank Of India?
To find the IFSC Code SBIN0005173 of State Bank Of India for its Stressed Assets Resolution Centre branch located in Bangalore Urban, the following methods can help you out:
Cheque Book
The cheque book issued by State Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code 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 the passbook.
Bank Website
Visit the official website of State Bank Of India and go to the branch locator section. Then search for Stressed Assets Resolution Centre or Bangalore Urban to find the exact IFSC Code SBIN0005173.
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 maintains an updated database of all IFSC codes. Searching for State Bank Of India and Bangalore Urban will provide accurate information.
How to Use IFSC Code SBIN0005173 for Online Transfers?
Once you have the IFSC Code SBIN0005173 for the Stressed Assets Resolution Centre 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 SBIN0005173. The transfer is completed in batches instead of instantly. It is useful for both 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 SBIN0005173.
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 Stressed Assets Resolution Centre 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 Stressed Assets Resolution Centre, 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)
The IFSC Code is SBIN0005173.
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 Dist Bangalore Urbanstate Karnataka located in Bangalore Urban, Bangalore, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.