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 Gidc Electronic Estate, Gandhinagar branch in Gandhinagar, Gandhinagar, 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 SBIN0007949. 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, Gidc Electronic Estate, Gandhinagar, Gandhinagar
Here are the key points that are associated with the IFSC Code SBIN0007949 of State Bank Of India for its branch located in Gandhinagar, within the district of Gandhinagar in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0007949 |
| Branch | Gidc Electronic Estate, Gandhinagar |
| City | Gandhinagar |
| District | Gandhinagar |
| State | Gujarat |
| Address | Shed No.A-78 By 6 By 3, Gandhinagar Sector 25, Gandhinagar Pin - 382019 |
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 SBIN0007949 for the Gidc Electronic Estate, Gandhinagar 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 provided by the Reserve Bank of India. Every bank branch, along with State Bank Of India located in Gidc Electronic Estate, Gandhinagar, Gandhinagar, Gujarat, are given a unique IFSC like SBIN0007949 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Gandhinagar.
- 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 Gandhinagar and Gandhinagar.
- 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 Gidc Electronic Estate, Gandhinagar goes to the correct branch. This is important because State Bank Of India has thousands of branches in Gujarat and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code SBIN0007949
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 Gidc Electronic Estate, Gandhinagar in Gandhinagar.
For example, the IFSC Code SBIN0007949 of State Bank Of India for the Gidc Electronic Estate, Gandhinagar 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?
If you are trying to find the IFSC Code SBIN0007949 of State Bank Of India for its Gidc Electronic Estate, Gandhinagar branch located in Gandhinagar, the following methods can help:
Cheque Book
The cheque book issued by State Bank Of India includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
Most banks, including State Bank Of India branches in Gandhinagar and Gandhinagar, print the IFSC and MICR codes on the first page of your passbook.
Bank Website
Visit the official website of State Bank Of India and navigate to the branch locator section. Search for Gidc Electronic Estate, Gandhinagar or Gandhinagar to get the exact IFSC Code SBIN0007949.
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 keeps an updated list of all IFSC codes. If you search for State Bank Of India and Gandhinagar, you'll get the correct details.
How to Use IFSC Code SBIN0007949 for Online Transfers?
Once you have the IFSC Code SBIN0007949 for the Gidc Electronic Estate, Gandhinagar 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 SBIN0007949. 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 SBIN0007949.
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 Gidc Electronic Estate, Gandhinagar 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 Gidc Electronic Estate, Gandhinagar, 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)
The IFSC Code of the Gidc Electronic Estate, Gandhinagar Gandhinagar branch is SBIN0007949.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Shed No.A-78 By 6 By 3, Gandhinagar Sector 25, Gandhinagar Pin - 382019.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.