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 Annamaiah Circle branch in Chittor, Tirupati, Andhra Pradesh, 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 Chittor or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code SBIN0010106. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for State Bank Of India, Annamaiah Circle, Chittor

Here are the key points that are associated with the IFSC Code SBIN0010106 of State Bank Of India for its branch located in Chittor, within the district of Tirupati in the state of Andhra Pradesh.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0010106
Branch Annamaiah Circle
City Chittor
District Tirupati
State Andhra Pradesh
Address 17 Air Bye Pass Road, New Balaji Colony, Tirupati, Andhra Pradesh

These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in Chittor for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0010106 for the Annamaiah Circle 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including State Bank Of India located in Annamaiah Circle, Chittor, Andhra Pradesh, is provided with a unique IFSC like SBIN0010106 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 Chittor.
  • 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 Chittor and Tirupati.
  • 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 Andhra Pradesh and the rest of India and the IFSC Code ensures that transactions meant for State Bank Of India in Annamaiah Circle do not get mixed with another location.

Format of the IFSC Code SBIN0010106

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 Annamaiah Circle in Chittor.

For example, the IFSC Code SBIN0010106 of State Bank Of India for the Annamaiah Circle branch has these elements, identifying the bank and the branch location in Chittor and Andhra Pradesh correctly.

How to Find IFSC Code for State Bank Of India?

To find the IFSC Code SBIN0010106 of State Bank Of India for its Annamaiah Circle branch located in Chittor, the following methods can help you out:

Cheque Book

The cheque book issued by State Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.

Passbook

Most banks, including State Bank Of India branches in Chittor and Tirupati, 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 go to the branch locator section. Then search for Annamaiah Circle or Chittor to find the exact IFSC Code SBIN0010106.

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 maintains an updated database of all IFSC codes. Searching for State Bank Of India and Chittor will provide accurate information.

How to Use IFSC Code SBIN0010106 for Online Transfers?

Once you have the IFSC Code SBIN0010106 for the Annamaiah Circle branch of State Bank Of India in Chittor, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0010106. 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 SBIN0010106.

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 Annamaiah Circle in Chittor, it can result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of State Bank Of India in Annamaiah Circle, here are some of the ways you can get 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.

Knowing both IFSC and MICR code can help account holders in Chittor manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India in Annamaiah Circle, Chittor?

The IFSC Code is SBIN0010106.

Is the IFSC Code SBIN0010106 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of State Bank Of India Annamaiah Circle?

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

What is the full address of the Annamaiah Circle branch?

The address of the branch is 17 Air Bye Pass Road, New Balaji Colony, Tirupati, Andhra Pradesh located in Chittor, Tirupati, 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.

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