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 Sainik Colony Faridabad branch in Faridabad, Faridabad, Haryana, 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 Faridabad or anywhere in Haryana can transfer funds instantly by using the correct IFSC Code SBIN0063053. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for State Bank Of India, Sainik Colony Faridabad, Faridabad
Here are the main details that are associated with the IFSC Code SBIN0063053 of State Bank Of India for its branch located in Faridabad, within the district of Faridabad in the state of Haryana.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0063053 |
| Branch | Sainik Colony Faridabad |
| City | Faridabad |
| District | Faridabad |
| State | Haryana |
| Address | Showroom 1,Ground Floor,Center Point Mall,Sector -49,Near Sainik Colony,Faridabad -121001 |
These details helps 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 SBIN0063053 for the Sainik Colony Faridabad branch of State Bank Of India plays a vital 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 Sainik Colony Faridabad, Faridabad, Haryana, is provided a unique IFSC like SBIN0063053 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 Faridabad.
- 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 Faridabad and Faridabad.
- 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 Haryana and the rest of India, the IFSC Code ensures that transactions meant for State Bank Of India in Sainik Colony Faridabad do not get misguided to another person.
Format of the IFSC Code SBIN0063053
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 Sainik Colony Faridabad in Faridabad.
For example, the IFSC Code SBIN0063053 of State Bank Of India for the Sainik Colony 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 SBIN0063053 of State Bank Of India for its Sainik Colony 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 Sainik Colony Faridabad or Faridabad to find the exact IFSC Code SBIN0063053.
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 SBIN0063053 for Online Transfers?
If you have the IFSC Code SBIN0063053 for the Sainik Colony Faridabad branch of State Bank Of India in Faridabad, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0063053. 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 SBIN0063053.
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 Sainik Colony Faridabad in Faridabad, 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 Sainik Colony Faridabad, 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 Faridabad manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0063053.
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 Showroom 1,Ground Floor,Center Point Mall,Sector -49,Near Sainik Colony,Faridabad -121001 located in Faridabad, Faridabad, Haryana.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.