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 Charada branch in Gandhinagar, Charada, Gujarat, 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 Gandhinagar or anywhere in Gujarat can easily transfer funds instantly by using the correct IFSC Code SBIN0011008. 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, Charada, Gandhinagar

The table below shows the main details of the IFSC Code SBIN0011008 for the State Bank Of India branch in Gandhinagar, which falls under the Charada district in Gujarat.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0011008
Branch Charada
City Gandhinagar
District Charada
State Gujarat
Address Shri Charada Seva Sahkari Mandali Buildding,Charada,Taluka Mansa,382810

These details help users in online banking and for businesses and individuals who use State Bank Of India in Gandhinagar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0011008 for the Charada 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 SBIN0011008 is given to every bank branch, including State Bank Of India located in Charada, Gandhinagar, Gujarat, 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 Gandhinagar.
  • 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 Gandhinagar and Charada.
  • 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 Gujarat and the rest of India, which is why the IFSC Code ensures that transactions meant for State Bank Of India in Charada doesn't end up at another location.

Format of the IFSC Code SBIN0011008

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 Charada in Gandhinagar.

For example, the IFSC Code SBIN0011008 of State Bank Of India for the Charada branch includes these elements, identifying the bank and the branch location in Gandhinagar and Gujarat accurately.

How to Find IFSC Code for State Bank Of India?

To find the IFSC Code SBIN0011008 of State Bank Of India for its Charada branch located in Gandhinagar, 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 Gandhinagar and Charada, 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 Charada or Gandhinagar to find the exact IFSC Code SBIN0011008.

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 Gandhinagar will provide accurate information.

How to Use IFSC Code SBIN0011008 for Online Transfers?

Once you have the IFSC Code SBIN0011008 for the Charada branch of State Bank Of India in Gandhinagar, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SBIN0011008. 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 SBIN0011008.

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 Charada in Gandhinagar, 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 Charada, 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 Gandhinagar 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 Charada, Gandhinagar?

The IFSC Code is SBIN0011008.

Is the IFSC Code SBIN0011008 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of State Bank Of India Charada?

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

What is the full address of the Charada branch?

The address of the branch is Shri Charada Seva Sahkari Mandali Buildding,Charada,Taluka Mansa,382810 located in Gandhinagar, Charada, Gujarat.

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.