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 Sindkhed Raja branch in Buldhana, Sindkhed Raja, or Maharashtra, 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 Buldhana or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code SBIN0011426. 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, Sindkhed Raja, Buldhana

Here are the main details that are associated with the IFSC Code SBIN0011426 of State Bank Of India for its branch located in Buldhana, within the district of Sindkhed Raja in the state of Maharashtra.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0011426
Branch Sindkhed Raja
City Buldhana
District Sindkhed Raja
State Maharashtra
Address Jalna Sindkhed Raja Road Tal Sindkhed Raja 443203

These details are important not only for users using online banking but also for businesses and individuals who use State Bank Of India in Buldhana for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0011426 for the Sindkhed Raja branch of State Bank Of India is vital.

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 Sindkhed Raja, Buldhana, Maharashtra, are given a unique IFSC like SBIN0011426 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Buldhana.
  • 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 Buldhana and Sindkhed Raja.
  • 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 Sindkhed Raja goes to the correct branch. This is important because State Bank Of India has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code SBIN0011426

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): These represent the bank code. In State Bank Of India, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Sindkhed Raja in Buldhana.

For example, the IFSC Code SBIN0011426 of State Bank Of India for the Sindkhed Raja branch has these elements, identifying the bank and the branch location in Buldhana and Maharashtra correctly.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0011426 of State Bank Of India for its Sindkhed Raja branch located in Buldhana, the following methods can help:

Cheque Book

The cheque books that are issued by State Bank Of India include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including State Bank Of India branches in Buldhana and Sindkhed Raja, 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 find the branch locator section. Search for Sindkhed Raja or Buldhana to get the exact IFSC Code SBIN0011426.

Mobile Banking App

If you use State Bank Of India's mobile app, you can easily 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 to help you in searching for State Bank Of India and Buldhana that will provide accurate information.

How to Use IFSC Code SBIN0011426 for Online Transfers?

Once you have the IFSC Code SBIN0011426 for the Sindkhed Raja branch of State Bank Of India in Buldhana, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0011426. 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 SBIN0011426.

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 Sindkhed Raja in Buldhana may 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 Sindkhed Raja, 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 Buldhana 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 Sindkhed Raja, Buldhana?

The IFSC Code is SBIN0011426.

Is the IFSC Code SBIN0011426 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

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

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

What is the full address of the Sindkhed Raja branch?

The address of the branch is Jalna Sindkhed Raja Road Tal Sindkhed Raja 443203 located in Buldhana, Sindkhed Raja, Maharashtra.

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.