For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of State Bank Of India for its Adimaly branch in Greater Bombay, Adimaly, Kerala, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of State Bank Of India located in Greater Bombay or anywhere in Kerala can transfer funds instantly by using the correct IFSC Code SBIN0008588. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for State Bank Of India, Adimaly, Greater Bombay

Here are the main details that are associated with the IFSC Code SBIN0008588 of State Bank Of India for its branch located in Greater Bombay, within the district of Adimaly in the state of Kerala.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0008588
Branch Adimaly
City Greater Bombay
District Adimaly
State Kerala
Address Kannattu Buildings,Door No.543,Adimaly

These details are important not only for users using online banking but also for businesses and individuals who use State Bank Of India in Greater Bombay for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0008588 for the Adimaly branch of State Bank Of India is vital.

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 Adimaly, Greater Bombay, Kerala, are given a unique IFSC like SBIN0008588 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Greater Bombay.
  • 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 Greater Bombay and Adimaly.
  • 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 Adimaly goes to the correct branch. This is important because State Bank Of India has thousands of branches in Kerala and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code SBIN0008588

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 Adimaly in Greater Bombay.

For example, the IFSC Code SBIN0008588 of State Bank Of India for the Adimaly branch includes these elements, identifying the bank and the branch location in Greater Bombay and Kerala accurately.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0008588 of State Bank Of India for its Adimaly branch located in Greater Bombay, 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 Greater Bombay and Adimaly, 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 Adimaly or Greater Bombay to get the exact IFSC Code SBIN0008588.

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 Greater Bombay, you'll get the correct details.

How to Use IFSC Code SBIN0008588 for Online Transfers?

Once you have the IFSC Code SBIN0008588 for the Adimaly branch of State Bank Of India in Greater Bombay, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SBIN0008588. The transfer is completed in batches instead of instantly. It is useful for both 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 SBIN0008588.

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 Adimaly in Greater Bombay, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of State Bank Of India in Adimaly, here are some of the ways 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.

Knowing both IFSC and MICR code can help account holders in Greater Bombay manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India in Adimaly, Greater Bombay?

The IFSC Code is SBIN0008588.

Is the IFSC Code SBIN0008588 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 Adimaly?

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 Adimaly branch?

The address of the branch is Kannattu Buildings,Door No.543,Adimaly located in Greater Bombay, Adimaly, Kerala.

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.