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IFSC Code of State Bank Of India, Khede, Dhule, Maharashtra — SBIN0018941

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 Khede branch in Dhule, Dhule, Maharashtra, 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 Dhule or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code SBIN0018941. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for State Bank Of India, Khede, Dhule

Here are some of the key details that come with the IFSC Code SBIN0018941 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 SBIN0018941
Branch Khede
City Dhule
District Dhule
State Maharashtra
Address Tal.Dhule, Distt.Dhule. Mh-424302

These details are crucial, not just for online banking users but also for businesses and individuals who use State Bank Of India in Dhule for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0018941 for the Khede 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 that is provided by the Reserve Bank of India. A unique IFSC like SBIN0018941 is given to every bank branch, including State Bank Of India located in Khede, Dhule, Maharashtra, 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 Dhule.
  • 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 Dhule and Dhule.
  • 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 Maharashtra and the rest of India, which is why the IFSC Code ensures that transactions meant for State Bank Of India in Khede doesn't end up at another location.

Format of the IFSC Code SBIN0018941

The format of the IFSC Code for banks, including State Bank Of India, has 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 Khede in Dhule.

For example, the IFSC Code SBIN0018941 of State Bank Of India for the Khede branch includes 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 SBIN0018941 of State Bank Of India for its Khede 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 Khede or Dhule to get the exact IFSC Code SBIN0018941.

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 SBIN0018941 for Online Transfers?

Once you have the IFSC Code SBIN0018941 for the Khede 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 SBIN0018941. 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 SBIN0018941.

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 Khede in Dhule, 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 Khede, 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 Dhule manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India in Khede, Dhule?

The IFSC Code is SBIN0018941.

Is the IFSC Code SBIN0018941 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 Khede?

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 Khede branch?

The address of the branch is Tal.Dhule, Distt.Dhule. Mh-424302 located in Dhule, Dhule, Maharashtra.

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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