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 Stadium Road, Rajahmundry branch in East Godavari, Rajahmundry, 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 SBIN0018286. 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, Stadium Road, Rajahmundry, East Godavari

Below in the table are the key details related to IFSC Code SBIN0018286 of State Bank Of India for its branch located in East Godavari, within the district of Rajahmundry in the state of Andhra Pradesh.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0018286
Branch Stadium Road, Rajahmundry
City East Godavari
District Rajahmundry
State Andhra Pradesh
Address 36714, Konduri Square, Kondurivari Street, Innespeta, Rajahmundry,East Godavari, A.P. 533102

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 SBIN0018286 for the Stadium Road, Rajahmundry 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 provided by the Reserve Bank of India. Every bank branch, along with State Bank Of India located in Stadium Road, Rajahmundry, East Godavari, Andhra Pradesh, are given a unique IFSC like SBIN0018286 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in East Godavari.
  • 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 East Godavari and Rajahmundry.
  • 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 Stadium Road, Rajahmundry goes to the correct branch. This is important because State Bank Of India has thousands of branches in Andhra Pradesh and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code SBIN0018286

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 Stadium Road, Rajahmundry in East Godavari.

For example, the IFSC Code SBIN0018286 of State Bank Of India for the Stadium Road, Rajahmundry 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?

If you are looking for the IFSC Code SBIN0018286 of State Bank Of India for its Stadium Road, Rajahmundry branch located in East Godavari, 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 East Godavari and Rajahmundry, 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 Stadium Road, Rajahmundry or East Godavari to get the exact IFSC Code SBIN0018286.

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 East Godavari, then it will provide you proper information.

How to Use IFSC Code SBIN0018286 for Online Transfers?

Once you have the IFSC Code SBIN0018286 for the Stadium Road, Rajahmundry branch of State Bank Of India in East Godavari, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SBIN0018286. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 SBIN0018286.

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 Stadium Road, Rajahmundry in East Godavari, 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 Stadium Road, Rajahmundry, 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)

What is the IFSC Code of State Bank Of India Stadium Road, Rajahmundry East Godavari?

The IFSC Code of the Stadium Road, Rajahmundry East Godavari branch is SBIN0018286.

Is IFSC Code SBIN0018286 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the State Bank Of India Stadium Road, Rajahmundry branch?

The branch is located at 36714, Konduri Square, Kondurivari Street, Innespeta, Rajahmundry,East Godavari, A.P. 533102.

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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