Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of State Bank Of India for its Commercial Branch Vile Parle branch in Greater Bombay, Mumbai, or Maharashtra, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of State Bank Of India located in Greater Bombay or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code SBIN0004115. You should definitely 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, Commercial Branch Vile Parle, Greater Bombay
The table below shows the main details of the IFSC Code SBIN0004115 for the State Bank Of India branch in Greater Bombay, which falls under the Mumbai district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0004115 |
| Branch | Commercial Branch Vile Parle |
| City | Greater Bombay |
| District | Mumbai |
| State | Maharashtra |
| Address | B.N.Agarwal Market, Shyamkamal Trade Centre Mumbai Pin-400057 |
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 SBIN0004115 for the Commercial Branch Vile Parle branch of State Bank Of India is vital.
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 Commercial Branch Vile Parle, Greater Bombay, Maharashtra, is provided a unique IFSC like SBIN0004115 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 Greater Bombay.
- 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 Greater Bombay and Mumbai.
- 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 Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for State Bank Of India in Commercial Branch Vile Parle do not get misguided to another person.
Format of the IFSC Code SBIN0004115
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 Commercial Branch Vile Parle in Greater Bombay.
For example, the IFSC Code SBIN0004115 of State Bank Of India for the Commercial Branch Vile Parle branch includes these elements, identifying the bank and the branch location in Greater Bombay and Maharashtra correctly.
How to Find IFSC Code for State Bank Of India?
If you are trying to find the IFSC Code SBIN0004115 of State Bank Of India for its Commercial Branch Vile Parle branch located in Greater Bombay, the following methods can help:
Cheque Book
The cheque books that are issued by State Bank Of India include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including State Bank Of India branches in Greater Bombay and Mumbai, 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 find the branch locator section. Search for Commercial Branch Vile Parle or Greater Bombay to get the exact IFSC Code SBIN0004115.
Mobile Banking App
If you use State Bank Of India's mobile app, you can easily 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 to help you in searching for State Bank Of India and Greater Bombay that will provide accurate information.
How to Use IFSC Code SBIN0004115 for Online Transfers?
Once you have the IFSC Code SBIN0004115 for the Commercial Branch Vile Parle 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 SBIN0004115. 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 SBIN0004115.
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 Commercial Branch Vile Parle 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 differ from IFSC codes. If you are looking for the MICR code of State Bank Of India in Commercial Branch Vile Parle, 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 Greater Bombay manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0004115.
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 B.N.Agarwal Market, Shyamkamal Trade Centre Mumbai Pin-400057 located in Greater Bombay, Mumbai, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.