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IFSC Code of State Bank Of India, India Habitat Centre, Delhi, Delhi — SBIN0061720

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 India Habitat Centre branch in Delhi, Delhi, Delhi, 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 Delhi or anywhere in Delhi can easily transfer funds instantly by using the correct IFSC Code SBIN0061720. 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, India Habitat Centre, Delhi

The table below shows the main details of the IFSC Code SBIN0061720 for the State Bank Of India branch in Delhi, which falls under the Delhi district in Delhi.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0061720
Branch India Habitat Centre
City Delhi
District Delhi
State Delhi
Address Lodhi Road, Institutional Area, New Delhi

These details helps users in online banking and for businesses and individuals who use State Bank Of India in Delhi for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0061720 for the India Habitat Centre 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 SBIN0061720 is given to every bank branch, including State Bank Of India located in India Habitat Centre, Delhi, Delhi, 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 Delhi.
  • 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 Delhi and Delhi.
  • 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 Delhi and the rest of India, which is why the IFSC Code ensures that transactions meant for State Bank Of India in India Habitat Centre doesn't end up at another location.

Format of the IFSC Code SBIN0061720

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): Show the bank code. For State Bank Of India, these letters represent the bank's short name.
  • 5th character: Is always zero and is kept for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as India Habitat Centre in Delhi.

For example, the IFSC Code SBIN0061720 of State Bank Of India for the India Habitat Centre branch includes these elements, identifying the bank and the branch location in Delhi and Delhi accurately.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0061720 of State Bank Of India for its India Habitat Centre branch located in Delhi, 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 Delhi and Delhi, 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 India Habitat Centre or Delhi to get the exact IFSC Code SBIN0061720.

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 Delhi that will provide accurate information.

How to Use IFSC Code SBIN0061720 for Online Transfers?

Once you have the IFSC Code SBIN0061720 for the India Habitat Centre branch of State Bank Of India in Delhi, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SBIN0061720. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 SBIN0061720.

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 India Habitat Centre in Delhi, your payment can get delayed or might not go through at all.

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 India Habitat Centre, 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 Delhi to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India in India Habitat Centre, Delhi?

The IFSC Code is SBIN0061720.

Is the IFSC Code SBIN0061720 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 India Habitat Centre?

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 India Habitat Centre branch?

The address of the branch is Lodhi Road, Institutional Area, New Delhi located in Delhi, Delhi, Delhi.

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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