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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of State Bank Of India for its Aurangpura, Aurangabad branch in Dhule, Dhule, or Maharashtra, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of State Bank Of India located in Dhule or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code SBIN0011702. 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, Aurangpura, Aurangabad, Dhule
Here are the key points that are associated with the IFSC Code SBIN0011702 of State Bank Of India for its branch located in Dhule, within the district of Dhule in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0011702 |
| Branch | Aurangpura, Aurangabad |
| City | Dhule |
| District | Dhule |
| State | Maharashtra |
| Address | Dist Dhule State Maharashtra |
These details helps users in online banking and for businesses and individuals who use State Bank Of India in Dhule for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0011702 for the Aurangpura, Aurangabad 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including State Bank Of India located in Aurangpura, Aurangabad, Dhule, Maharashtra, is provided a unique IFSC like SBIN0011702 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the State Bank Of India branch in Dhule.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Dhule and Dhule.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for State Bank Of India in Aurangpura, Aurangabad do not get misguided to another person.
Format of the IFSC Code SBIN0011702
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 Aurangpura, Aurangabad in Dhule.
For example, the IFSC Code SBIN0011702 of State Bank Of India for the Aurangpura, Aurangabad branch has these elements, identifying the bank and the branch location in Dhule and Maharashtra correctly.
How to Find IFSC Code for State Bank Of India?
If you are trying to find the IFSC Code SBIN0011702 of State Bank Of India for its Aurangpura, Aurangabad branch located in Dhule, 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 Dhule and Dhule, 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 Aurangpura, Aurangabad or Dhule to get the exact IFSC Code SBIN0011702.
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 Dhule, you'll get the correct details.
How to Use IFSC Code SBIN0011702 for Online Transfers?
Once you have the IFSC Code SBIN0011702 for the Aurangpura, Aurangabad branch of State Bank Of India in Dhule, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0011702. 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 SBIN0011702.
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 Aurangpura, Aurangabad in Dhule, 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 Aurangpura, Aurangabad, 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 Dhule to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Aurangpura, Aurangabad Dhule branch is SBIN0011702.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Dist Dhule State Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.