For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of State Bank Of India for its Chakli Circle, Race Course Road, Baroda branch in Baroda, Baroda, Gujarat, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of State Bank Of India located in Baroda or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code SBIN0030158. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for State Bank Of India, Chakli Circle, Race Course Road, Baroda, Baroda
Here are the main details that are associated with the IFSC Code SBIN0030158 of State Bank Of India for its branch located in Baroda, within the district of Baroda in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0030158 |
| Branch | Chakli Circle, Race Course Road, Baroda |
| City | Baroda |
| District | Baroda |
| State | Gujarat |
| Address | Race Course Circle,Near Alkapuri Telephone Exchange |
These details help users in online banking and for businesses and individuals who use State Bank Of India in Baroda for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0030158 for the Chakli Circle, Race Course Road, Baroda 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 Chakli Circle, Race Course Road, Baroda, Baroda, Gujarat, is provided with a unique IFSC like SBIN0030158 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 Baroda.
- 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 Baroda and Baroda.
- 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 Gujarat and the rest of India and the IFSC Code ensures that transactions meant for State Bank Of India in Chakli Circle, Race Course Road, Baroda do not get mixed with another location.
Format of the IFSC Code SBIN0030158
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 Chakli Circle, Race Course Road, Baroda in Baroda.
For example, the IFSC Code SBIN0030158 of State Bank Of India for the Chakli Circle, Race Course Road, Baroda branch includes these elements, identifying the bank and the branch location in Baroda and Gujarat correctly.
How to Find IFSC Code for State Bank Of India?
If you are looking for the IFSC Code SBIN0030158 of State Bank Of India for its Chakli Circle, Race Course Road, Baroda branch located in Baroda, 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 Baroda and Baroda, 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 Chakli Circle, Race Course Road, Baroda or Baroda to get the exact IFSC Code SBIN0030158.
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 Baroda, then it will provide you proper information.
How to Use IFSC Code SBIN0030158 for Online Transfers?
Once you have the IFSC Code SBIN0030158 for the Chakli Circle, Race Course Road, Baroda branch of State Bank Of India in Baroda, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0030158. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and State Bank Of India IFSC Code SBIN0030158.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for State Bank Of India Chakli Circle, Race Course Road, Baroda in Baroda, it can result in delayed or failed transactions.
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 Chakli Circle, Race Course Road, Baroda, 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 Baroda manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Chakli Circle, Race Course Road, Baroda Baroda branch is SBIN0030158.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Race Course Circle,Near Alkapuri Telephone Exchange.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.