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 Gokul Industrial Estate, Hubli branch in Dharwad, Hubli, Karnataka, 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 Dharwad or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code SBIN0002212. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for State Bank Of India, Gokul Industrial Estate, Hubli, Dharwad
Here are the main details that are associated with the IFSC Code SBIN0002212 of State Bank Of India for its branch located in Dharwad, within the district of Hubli in the state of Karnataka.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0002212 |
| Branch | Gokul Industrial Estate, Hubli |
| City | Dharwad |
| District | Hubli |
| State | Karnataka |
| Address | Ii-Gate,Industrial Estate,Hubli Distdharwad,580030 |
These details are important not only for users using online banking but also for businesses and individuals who use State Bank Of India in Dharwad for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0002212 for the Gokul Industrial Estate, Hubli branch of State Bank Of India is vital.
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, along with State Bank Of India located in Gokul Industrial Estate, Hubli, Dharwad, Karnataka, are given a unique IFSC like SBIN0002212 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Dharwad.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Dharwad and Hubli.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to State Bank Of India in Gokul Industrial Estate, Hubli goes to the correct branch. This is important because State Bank Of India has thousands of branches in Karnataka and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code SBIN0002212
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 Gokul Industrial Estate, Hubli in Dharwad.
For example, the IFSC Code SBIN0002212 of State Bank Of India for the Gokul Industrial Estate, Hubli branch includes these elements, identifying the bank and the branch location in Dharwad and Karnataka accurately.
How to Find IFSC Code for State Bank Of India?
If you are trying to find the IFSC Code SBIN0002212 of State Bank Of India for its Gokul Industrial Estate, Hubli branch located in Dharwad, 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 Dharwad and Hubli, 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 Gokul Industrial Estate, Hubli or Dharwad to get the exact IFSC Code SBIN0002212.
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 Dharwad that will provide accurate information.
How to Use IFSC Code SBIN0002212 for Online Transfers?
Once you have the IFSC Code SBIN0002212 for the Gokul Industrial Estate, Hubli branch of State Bank Of India in Dharwad, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0002212. 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 SBIN0002212.
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 Gokul Industrial Estate, Hubli in Dharwad, it can result in delayed or failed transactions.
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 Gokul Industrial Estate, Hubli, here are some ways that 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.
If you know both IFSC and MICR codes, then it can help account holders in Dharwad manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0002212.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Ii-Gate,Industrial Estate,Hubli Distdharwad,580030 located in Dharwad, Hubli, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.