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 Charmwood Village Faridabad branch in Faridabad, Faridabad, or Haryana, 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 Faridabad or anywhere in Haryana can transfer funds instantly by using the correct IFSC Code SBIN0018817. 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, Charmwood Village Faridabad, Faridabad

The table below shows the main details of the IFSC Code SBIN0018817 for the State Bank Of India branch in Faridabad, which falls under the Faridabad district in Haryana.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0018817
Branch Charmwood Village Faridabad
City Faridabad
District Faridabad
State Haryana
Address Charmwood Plaza, Faridabad, Dist.Faridabad, Haryana-121009

These details help users in online banking and for businesses and individuals who use State Bank Of India in Faridabad for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0018817 for the Charmwood Village Faridabad branch of State Bank Of India has a very 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 SBIN0018817 is given to every bank branch, including State Bank Of India located in Charmwood Village Faridabad, Faridabad, Haryana, 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 Faridabad.
  • 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 Faridabad and Faridabad.
  • 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 Haryana and the rest of India, which is why the IFSC Code ensures that transactions meant for State Bank Of India in Charmwood Village Faridabad doesn't end up at another location.

Format of the IFSC Code SBIN0018817

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 Charmwood Village Faridabad in Faridabad.

For example, the IFSC Code SBIN0018817 of State Bank Of India for the Charmwood Village Faridabad branch includes these elements, identifying the bank and the branch location in Faridabad and Haryana accurately.

How to Find IFSC Code for State Bank Of India?

To find the IFSC Code SBIN0018817 of State Bank Of India for its Charmwood Village Faridabad branch located in Faridabad, 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 Faridabad and Faridabad, 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 Charmwood Village Faridabad or Faridabad to find the exact IFSC Code SBIN0018817.

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 Faridabad will provide accurate information.

How to Use IFSC Code SBIN0018817 for Online Transfers?

Once you have the IFSC Code SBIN0018817 for the Charmwood Village Faridabad branch of State Bank Of India in Faridabad, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0018817. Transfers are processed in batches. This is 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. Requires the recipient's account details and State Bank Of India IFSC Code SBIN0018817.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for State Bank Of India Charmwood Village Faridabad in Faridabad may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of State Bank Of India in Charmwood Village Faridabad, you can find it by any of the following ways:

  • Check the bottom of your cheque leaf.
  • Go to the first page of your passbook.
  • Visit the official State Bank Of India website.
  • Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Faridabad manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India in Charmwood Village Faridabad, Faridabad?

The IFSC Code is SBIN0018817.

Is the IFSC Code SBIN0018817 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of State Bank Of India Charmwood Village Faridabad?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Charmwood Village Faridabad branch?

The address of the branch is Charmwood Plaza, Faridabad, Dist.Faridabad, Haryana-121009 located in Faridabad, Faridabad, Haryana.

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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