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 New Vip Road, Vadodara branch in Gandhinagar, Vadodara, Gujarat, 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 Gandhinagar or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code SBIN0018709. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for State Bank Of India, New Vip Road, Vadodara, Gandhinagar
Here are the main details that are associated with the IFSC Code SBIN0018709 of State Bank Of India for its branch located in Gandhinagar, within the district of Vadodara in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0018709 |
| Branch | New Vip Road, Vadodara |
| City | Gandhinagar |
| District | Vadodara |
| State | Gujarat |
| Address | Sakar Complex,Nr Sardar Estate, New Vip Road,Vadodara, Dist.Vadodara, Gujarat- 390019 |
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 SBIN0018709 for the New Vip Road, Vadodara 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 New Vip Road, Vadodara, Gandhinagar, Gujarat, are allotted a unique IFSC like SBIN0018709 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 confusion between different branches of the same bank in places like Gandhinagar and Vadodara.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to State Bank Of India in New Vip Road, Vadodara reaches the right place, even though there are thousands of branches in Gujarat and across India.
Format of the IFSC Code SBIN0018709
The format of the IFSC Code for banks, including State Bank Of India, has 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 New Vip Road, Vadodara in Gandhinagar.
For example, the IFSC Code SBIN0018709 of State Bank Of India for the New Vip Road, Vadodara branch includes these elements, identifying the bank and the branch location in Gandhinagar and Gujarat correctly.
How to Find IFSC Code for State Bank Of India?
If you are looking for the IFSC Code SBIN0018709 of State Bank Of India for its New Vip Road, Vadodara branch located in Gandhinagar, the following methods can help:
Cheque Book
The cheque book that is issued by State Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including State Bank Of India branches in Gandhinagar and Vadodara, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of State Bank Of India and look for the branch locator section, then search for New Vip Road, Vadodara or Gandhinagar to get the exact IFSC Code SBIN0018709.
Mobile Banking App
If you use State Bank Of India's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for State Bank Of India and Gandhinagar, then it will provide you proper information.
How to Use IFSC Code SBIN0018709 for Online Transfers?
If you have the IFSC Code SBIN0018709 for the New Vip Road, Vadodara branch of State Bank Of India in Gandhinagar, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0018709. 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 SBIN0018709.
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 New Vip Road, Vadodara in Gandhinagar, 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 New Vip Road, Vadodara, 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 Gandhinagar to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0018709.
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 Sakar Complex,Nr Sardar Estate, New Vip Road,Vadodara, Dist.Vadodara, Gujarat- 390019 located in Gandhinagar, Vadodara, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.