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 Rishikesh branch in Dehradun, Rishikesh, Uttarakhand, 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 Dehradun or anywhere in Uttarakhand can transfer funds instantly by using the correct IFSC Code SBIN0001180. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for State Bank Of India, Rishikesh, Dehradun
Here are some of the key details that come with the IFSC Code SBIN0001180 of State Bank Of India for its branch located in Dehradun, within the district of Rishikesh in the state of Uttarakhand.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0001180 |
| Branch | Rishikesh |
| City | Dehradun |
| District | Rishikesh |
| State | Uttarakhand |
| Address | Rly.Rd., Rishikesh, Uttaranchal |
These details helps users in online banking and for businesses and individuals who use State Bank Of India in Dehradun for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0001180 for the Rishikesh 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 provided by the Reserve Bank of India. Every bank branch, including State Bank Of India located in Rishikesh, Dehradun, Uttarakhand, is provided with a unique IFSC like SBIN0001180 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 Dehradun.
- 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 Dehradun and Rishikesh.
- 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 Uttarakhand and the rest of India and the IFSC Code ensures that transactions meant for State Bank Of India in Rishikesh do not get mixed with another location.
Format of the IFSC Code SBIN0001180
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 Rishikesh in Dehradun.
For example, the IFSC Code SBIN0001180 of State Bank Of India for the Rishikesh branch includes these elements, identifying the bank and the branch location in Dehradun and Uttarakhand accurately.
How to Find IFSC Code for State Bank Of India?
If you are looking for the IFSC Code SBIN0001180 of State Bank Of India for its Rishikesh branch located in Dehradun, the following methods can help:
Cheque Book
The cheque book that is issued by State Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including State Bank Of India branches in Dehradun and Rishikesh, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of State Bank Of India and look for the branch locator section, then search for Rishikesh or Dehradun to get the exact IFSC Code SBIN0001180.
Mobile Banking App
If you use State Bank Of India's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for State Bank Of India and Dehradun, then it will provide you proper information.
How to Use IFSC Code SBIN0001180 for Online Transfers?
Once you have the IFSC Code SBIN0001180 for the Rishikesh branch of State Bank Of India in Dehradun, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0001180. 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 SBIN0001180.
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 Rishikesh in Dehradun, 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 Rishikesh, 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 Dehradun manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0001180.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Rly.Rd., Rishikesh, Uttaranchal located in Dehradun, Rishikesh, Uttarakhand.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.