IFSC Code of State Bank Of India, Kunnamangalam, Calicut, Kerala- SBIN0017050

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 Kunnamangalam branch in Calicut, Calicut, Kerala, 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 Calicut or anywhere in Kerala can transfer funds instantly by using the correct IFSC Code SBIN0017050. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for State Bank Of India, Kunnamangalam, Calicut

Here are the main details that are associated with the IFSC Code SBIN0017050 of State Bank Of India for its branch located in Calicut, within the district of Calicut in the state of Kerala.

These details helps users in online banking and for businesses and individuals who use State Bank Of India in Calicut for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0017050 for the Kunnamangalam 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 that is provided by the Reserve Bank of India. A unique IFSC like SBIN0017050 is given to every bank branch, including State Bank Of India located in Kunnamangalam, Calicut, Kerala, to make sure that online payments reach the right place.

The IFSC Code is important because:

• It uniquely identifies the State Bank Of India branch in Calicut.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It avoids any kind of confusion between multiple branches of the same bank across different places like Calicut and Calicut.
• It removes errors in fund transfers and improves accuracy.
• It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Kerala and the rest of India, which is why the IFSC Code ensures that transactions meant for State Bank Of India in Kunnamangalam doesn't end up at another location.

Format of the IFSC Code SBIN0017050

This is the format of the IFSC Code for banks, including State Bank Of India, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

• First 4 characters (AAAA): This is the bank code. For State Bank Of India, these characters are the bank's short identifier.
• 5th character (0): This stays zero till there is any future use.
• Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Kunnamangalam in Calicut.

For example, the IFSC Code SBIN0017050 of State Bank Of India for the Kunnamangalam branch includes these elements, identifying the bank and the branch location in Calicut and Kerala accurately.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0017050 of State Bank Of India for its Kunnamangalam branch located in Calicut, 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 Calicut and Calicut, 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 Kunnamangalam or Calicut to get the exact IFSC Code SBIN0017050.

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 Calicut, you'll get the correct details.

How to Use IFSC Code SBIN0017050 for Online Transfers?

Once you have the IFSC Code SBIN0017050 for the Kunnamangalam branch of State Bank Of India in Calicut, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SBIN0017050. 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 SBIN0017050.

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 Kunnamangalam in Calicut, 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 Kunnamangalam, 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 Calicut manage online transfers as well as cheque clearances with ease.