There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of State Bank Of India for its Angamaly branch in Ernakulam, Angamaly, Kerala, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of State Bank Of India situated in Ernakulam or anywhere in Kerala can easily transfer funds instantly by using the correct IFSC Code SBIN0008591. You should 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, Angamaly, Ernakulam
Below in the table are the key details related to IFSC Code SBIN0008591 of State Bank Of India for its branch located in Ernakulam, within the district of Angamaly in the state of Kerala.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0008591 |
| Branch | Angamaly |
| City | Ernakulam |
| District | Angamaly |
| State | Kerala |
| Address | Xiii By 96 A1,P B No. 31,B0Vans Building,Main Road,Angamaly,Ernakulam |
These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in Ernakulam for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0008591 for the Angamaly 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including State Bank Of India located in Angamaly, Ernakulam, Kerala, is provided a unique IFSC like SBIN0008591 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 Ernakulam.
- 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 Ernakulam and Angamaly.
- 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 Kerala and the rest of India, the IFSC Code ensures that transactions meant for State Bank Of India in Angamaly do not get misguided to another person.
Format of the IFSC Code SBIN0008591
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): 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 Angamaly in Ernakulam.
For example, the IFSC Code SBIN0008591 of State Bank Of India for the Angamaly branch includes these elements, identifying the bank and the branch location in Ernakulam and Kerala accurately.
How to Find IFSC Code for State Bank Of India?
To find the IFSC Code SBIN0008591 of State Bank Of India for its Angamaly branch located in Ernakulam, 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 Ernakulam and Angamaly, 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 Angamaly or Ernakulam to find the exact IFSC Code SBIN0008591.
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 Ernakulam will provide accurate information.
How to Use IFSC Code SBIN0008591 for Online Transfers?
Once you have the IFSC Code SBIN0008591 for the Angamaly branch of State Bank Of India in Ernakulam, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0008591. 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 SBIN0008591.
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 Angamaly in Ernakulam, 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 Angamaly, 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 Ernakulam to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0008591.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Xiii By 96 A1,P B No. 31,B0Vans Building,Main Road,Angamaly,Ernakulam located in Ernakulam, Angamaly, Kerala.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.