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 M R Kandriga branch in Chittoor, M R Kandriga, Andhra Pradesh, 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 Chittoor or anywhere in Andhra Pradesh can easily transfer funds instantly by using the correct IFSC Code SBIN0015358. 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, M R Kandriga, Chittoor

Here are the main details that are associated with the IFSC Code SBIN0015358 of State Bank Of India for its branch located in Chittoor, within the district of M R Kandriga in the state of Andhra Pradesh.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0015358
Branch M R Kandriga
City Chittoor
District M R Kandriga
State Andhra Pradesh
Address Kvb Puram Road, M R Kandriga, Dist Chittor, Andhra Pradesh 517643

These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in Chittoor for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0015358 for the M R Kandriga branch of State Bank Of India plays an important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including State Bank Of India located in M R Kandriga, Chittoor, Andhra Pradesh, is provided a unique IFSC like SBIN0015358 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the State Bank Of India branch in Chittoor.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Chittoor and M R Kandriga.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Andhra Pradesh and the rest of India, the IFSC Code ensures that transactions meant for State Bank Of India in M R Kandriga do not get misguided to another person.

Format of the IFSC Code SBIN0015358

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 M R Kandriga in Chittoor.

For example, the IFSC Code SBIN0015358 of State Bank Of India for the M R Kandriga branch includes these elements, identifying the bank and the branch location in Chittoor and Andhra Pradesh accurately.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0015358 of State Bank Of India for its M R Kandriga branch located in Chittoor, 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 Chittoor and M R Kandriga, 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 M R Kandriga or Chittoor to get the exact IFSC Code SBIN0015358.

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 Chittoor, you'll get the correct details.

How to Use IFSC Code SBIN0015358 for Online Transfers?

If you have the IFSC Code SBIN0015358 for the M R Kandriga branch of State Bank Of India in Chittoor, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0015358. Transfers are processed in batches. 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. Asks for the recipient's account details and State Bank Of India IFSC Code SBIN0015358.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for State Bank Of India M R Kandriga in Chittoor, it 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 M R Kandriga, 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 Chittoor 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 M R Kandriga, Chittoor?

The IFSC Code is SBIN0015358.

Is the IFSC Code SBIN0015358 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 M R Kandriga?

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 M R Kandriga branch?

The address of the branch is Kvb Puram Road, M R Kandriga, Dist Chittor, Andhra Pradesh 517643 located in Chittoor, M R Kandriga, Andhra Pradesh.

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.