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 Hindustan Naka Br, Kandivali branch in Greater Bombay, Mumbai, Maharashtra, 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 Greater Bombay or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code SBIN0011696. 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, Hindustan Naka Br, Kandivali, Greater Bombay
Here are the key points that are associated with the IFSC Code SBIN0011696 of State Bank Of India for its branch located in Greater Bombay, within the district of Mumbai in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0011696 |
| Branch | Hindustan Naka Br, Kandivali |
| City | Greater Bombay |
| District | Mumbai |
| State | Maharashtra |
| Address | Rock Enclave,Next To Hindustan Naka,Opp Joy Icecream Kandivli West Mumbai |
These details are crucial, not just for online banking users but also for businesses and individuals who use State Bank Of India in Greater Bombay for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0011696 for the Hindustan Naka Br, Kandivali branch of State Bank Of India has an 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 Hindustan Naka Br, Kandivali, Greater Bombay, Maharashtra, are allotted a unique IFSC like SBIN0011696 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 confusion between different branches of the same bank in places like Greater Bombay and Mumbai.
- 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 Hindustan Naka Br, Kandivali reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code SBIN0011696
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 Hindustan Naka Br, Kandivali in Greater Bombay.
For example, the IFSC Code SBIN0011696 of State Bank Of India for the Hindustan Naka Br, Kandivali 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 looking for the IFSC Code SBIN0011696 of State Bank Of India for its Hindustan Naka Br, Kandivali branch located in Greater Bombay, 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 Greater Bombay and Mumbai, 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 Hindustan Naka Br, Kandivali or Greater Bombay to get the exact IFSC Code SBIN0011696.
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 Greater Bombay, then it will provide you proper information.
How to Use IFSC Code SBIN0011696 for Online Transfers?
Once you have the IFSC Code SBIN0011696 for the Hindustan Naka Br, Kandivali branch of State Bank Of India in Greater Bombay, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0011696. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and State Bank Of India IFSC Code SBIN0011696.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for State Bank Of India Hindustan Naka Br, Kandivali in Greater Bombay, it can result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of State Bank Of India in Hindustan Naka Br, Kandivali, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official State Bank Of India website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Greater Bombay manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0011696.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Rock Enclave,Next To Hindustan Naka,Opp Joy Icecream Kandivli West Mumbai located in Greater Bombay, Mumbai, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.