IFSC Code of State Bank Of India, Mohan Garden, New Delhi, Delhi, Delhi — SBIN0051204

Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of State Bank Of India for its Mohan Garden, New Delhi branch in Delhi, Delhi, Delhi, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of State Bank Of India located in Delhi or anywhere in Delhi can transfer funds instantly by using the correct IFSC Code SBIN0051204. You should definitely 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, Mohan Garden, New Delhi, Delhi

Below in the table are the key details related to IFSC Code SBIN0051204 of State Bank Of India for its branch located in Delhi, within the district of Delhi in the state of Delhi.

These details are crucial, not just for online banking users but also for businesses and individuals who use State Bank Of India in Delhi for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0051204 for the Mohan Garden, New Delhi 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 Mohan Garden, New Delhi, Delhi, Delhi, is provided with a unique IFSC like SBIN0051204 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 Delhi.
• 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 Delhi and Delhi.
• 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 Delhi and the rest of India and the IFSC Code ensures that transactions meant for State Bank Of India in Mohan Garden, New Delhi do not get mixed with another location.

Format of the IFSC Code SBIN0051204

The format of the IFSC Code for banks, including State Bank Of India, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown of this:

• First 4 characters (AAAA): Represent the bank code. For State Bank Of India, these characters are the bank's short identifier.
• 5th character (0): Always zero which is reserved for future use.
• Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Mohan Garden, New Delhi in Delhi.

For example, the IFSC Code SBIN0051204 of State Bank Of India for the Mohan Garden, New Delhi 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 SBIN0051204 of State Bank Of India for its Mohan Garden, New Delhi branch located in Delhi, 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 Delhi and Delhi, 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 Mohan Garden, New Delhi or Delhi to get the exact IFSC Code SBIN0051204.

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 Delhi, you'll get the correct details.

How to Use IFSC Code SBIN0051204 for Online Transfers?

Once you have the IFSC Code SBIN0051204 for the Mohan Garden, New Delhi branch of State Bank Of India in Delhi, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0051204. Transfers are processed in batches. This is 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. Requires the recipient's account details and State Bank Of India IFSC Code SBIN0051204.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for State Bank Of India Mohan Garden, New Delhi in Delhi 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 Mohan Garden, New Delhi, 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 Delhi manage online transfers as well as cheque clearances with ease.