IFSC Code of State Bank Of India, Singatagere, Singatagere, Karnataka — SBIN0040173

There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of State Bank Of India for its Singatagere branch in Chickmagalur, Singatagere, Karnataka, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of State Bank Of India situated in Chickmagalur or anywhere in Karnataka can easily transfer funds instantly by using the correct IFSC Code SBIN0040173. You should 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, Singatagere, Chickmagalur

Here are the main details that are associated with the IFSC Code SBIN0040173 of State Bank Of India for its branch located in Chickmagalur, within the district of Singatagere in the state of Karnataka.

These details are crucial, not just for online banking users but also for businesses and individuals who use State Bank Of India in Chickmagalur for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0040173 for the Singatagere branch of State Bank Of India has an 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 Singatagere, Chickmagalur, Karnataka, is provided with a unique IFSC like SBIN0040173 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 Chickmagalur.
• 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 Chickmagalur and Singatagere.
• 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 Karnataka and the rest of India and the IFSC Code ensures that transactions meant for State Bank Of India in Singatagere do not get mixed with another location.

Format of the IFSC Code SBIN0040173

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 Singatagere in Chickmagalur.

For example, the IFSC Code SBIN0040173 of State Bank Of India for the Singatagere branch includes these elements, identifying the bank and the branch location in Chickmagalur and Karnataka accurately.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0040173 of State Bank Of India for its Singatagere branch located in Chickmagalur, 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 Chickmagalur and Singatagere, 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 Singatagere or Chickmagalur to get the exact IFSC Code SBIN0040173.

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 Chickmagalur that will provide accurate information.

How to Use IFSC Code SBIN0040173 for Online Transfers?

Once you have the IFSC Code SBIN0040173 for the Singatagere branch of State Bank Of India in Chickmagalur, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0040173. 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 SBIN0040173.

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 Singatagere in Chickmagalur, it can result in delayed or failed transactions.

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 Singatagere, 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 Chickmagalur to handle online money transfers and get their cheques cleared smoothly.