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 Adb Yeleswaram branch in East Godavari, Yeleswaram, or Andhra Pradesh, 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 East Godavari or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code SBIN0005883. 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, Adb Yeleswaram, East Godavari
Here are some of the key details that come with the IFSC Code SBIN0005883 of State Bank Of India for its branch located in East Godavari, within the district of Yeleswaram in the state of Andhra Pradesh.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0005883 |
| Branch | Adb Yeleswaram |
| City | East Godavari |
| District | Yeleswaram |
| State | Andhra Pradesh |
| Address | Dist East Godavari, Andhra Pradesh 533429 |
These details are crucial, not just for online banking users but also for businesses and individuals who use State Bank Of India in East Godavari for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0005883 for the Adb Yeleswaram 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including State Bank Of India located in Adb Yeleswaram, East Godavari, Andhra Pradesh, is provided a unique IFSC like SBIN0005883 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 East Godavari.
- 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 East Godavari and Yeleswaram.
- 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 Andhra Pradesh and the rest of India, the IFSC Code ensures that transactions meant for State Bank Of India in Adb Yeleswaram do not get misguided to another person.
Format of the IFSC Code SBIN0005883
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 Adb Yeleswaram in East Godavari.
For example, the IFSC Code SBIN0005883 of State Bank Of India for the Adb Yeleswaram branch includes these elements, identifying the bank and the branch location in East Godavari and Andhra Pradesh accurately.
How to Find IFSC Code for State Bank Of India?
To find the IFSC Code SBIN0005883 of State Bank Of India for its Adb Yeleswaram branch located in East Godavari, the following methods can help you out:
Cheque Book
The cheque book issued by State Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including State Bank Of India branches in East Godavari and Yeleswaram, 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 go to the branch locator section. Then search for Adb Yeleswaram or East Godavari to find the exact IFSC Code SBIN0005883.
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 maintains an updated database of all IFSC codes. Searching for State Bank Of India and East Godavari will provide accurate information.
How to Use IFSC Code SBIN0005883 for Online Transfers?
If you have the IFSC Code SBIN0005883 for the Adb Yeleswaram branch of State Bank Of India in East Godavari, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0005883. Transfers are processed in batches. 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. Asks for the recipient's account details and State Bank Of India IFSC Code SBIN0005883.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for State Bank Of India Adb Yeleswaram in East Godavari, it may 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 Adb Yeleswaram, 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 East Godavari manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0005883.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Dist East Godavari, Andhra Pradesh 533429 located in East Godavari, Yeleswaram, Andhra Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.