The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of State Bank Of India for its New Delhi Patparganj branch in E Eh, Delhi, Delhi, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of State Bank Of India located in E Eh or anywhere in Delhi can transfer funds instantly by using the correct IFSC Code SBIN0050750. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for State Bank Of India, New Delhi Patparganj, E Eh
Here are some of the key details that come with the IFSC Code SBIN0050750 of State Bank Of India for its branch located in E Eh, within the district of Delhi in the state of Delhi.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0050750 |
| Branch | New Delhi Patparganj |
| City | E Eh |
| District | Delhi |
| State | Delhi |
| Address | 68Apandav Nagarpatparganjnew Delhi |
These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in E Eh for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0050750 for the New Delhi Patparganj branch of State Bank Of India plays 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, along with State Bank Of India located in New Delhi Patparganj, E Eh, Delhi, are allotted a unique IFSC like SBIN0050750 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in E Eh.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like E Eh and Delhi.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to State Bank Of India in New Delhi Patparganj reaches the right place, even though there are thousands of branches in Delhi and across India.
Format of the IFSC Code SBIN0050750
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 New Delhi Patparganj in E Eh.
For example, the IFSC Code SBIN0050750 of State Bank Of India for the New Delhi Patparganj branch includes these elements, identifying the bank and the branch location in E Eh and Delhi accurately.
How to Find IFSC Code for State Bank Of India?
If you are looking for the IFSC Code SBIN0050750 of State Bank Of India for its New Delhi Patparganj branch located in E Eh, the following methods can help:
Cheque Book
The cheque book that is issued by State Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including State Bank Of India branches in E Eh and Delhi, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of State Bank Of India and look for the branch locator section, then search for New Delhi Patparganj or E Eh to get the exact IFSC Code SBIN0050750.
Mobile Banking App
If you use State Bank Of India's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for State Bank Of India and E Eh, then it will provide you proper information.
How to Use IFSC Code SBIN0050750 for Online Transfers?
Once you have the IFSC Code SBIN0050750 for the New Delhi Patparganj branch of State Bank Of India in E Eh, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SBIN0050750. The transfer is completed in batches instead of instantly. It is useful for both 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 SBIN0050750.
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 New Delhi Patparganj in E Eh, 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 New Delhi Patparganj, 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 E Eh to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0050750.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is 68Apandav Nagarpatparganjnew Delhi located in E Eh, Delhi, Delhi.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.