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 Karempudi Adb branch in Guntur, Karempudi, Andhra Pradesh, 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 Guntur or anywhere in Andhra Pradesh can easily transfer funds instantly by using the correct IFSC Code SBIN0002741. 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, Karempudi Adb, Guntur

Below in the table are the key details related to IFSC Code SBIN0002741 of State Bank Of India for its branch located in Guntur, within the district of Karempudi in the state of Andhra Pradesh.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0002741
Branch Karempudi Adb
City Guntur
District Karempudi
State Andhra Pradesh
Address Guntur, Andhra Pradesh 522614

These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in Guntur for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0002741 for the Karempudi Adb branch of State Bank Of India plays an important role.

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 Karempudi Adb, Guntur, Andhra Pradesh, is provided a unique IFSC like SBIN0002741 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 Guntur.
  • 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 Guntur and Karempudi.
  • 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 Andhra Pradesh and the rest of India, the IFSC Code ensures that transactions meant for State Bank Of India in Karempudi Adb do not get misguided to another person.

Format of the IFSC Code SBIN0002741

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 Karempudi Adb in Guntur.

For example, the IFSC Code SBIN0002741 of State Bank Of India for the Karempudi Adb branch includes these elements, identifying the bank and the branch location in Guntur and Andhra Pradesh accurately.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0002741 of State Bank Of India for its Karempudi Adb branch located in Guntur, 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

You can easily find the IFSC and MICR codes because most banks, including State Bank Of India branches in Guntur and Karempudi, print them 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 Karempudi Adb or Guntur to get the exact IFSC Code SBIN0002741.

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 Guntur, you'll get the correct details.

How to Use IFSC Code SBIN0002741 for Online Transfers?

Once you have the IFSC Code SBIN0002741 for the Karempudi Adb branch of State Bank Of India in Guntur, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0002741. 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 SBIN0002741.

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 Karempudi Adb in Guntur, 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 Karempudi Adb, 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 Guntur manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India in Karempudi Adb, Guntur?

The IFSC Code is SBIN0002741.

Is the IFSC Code SBIN0002741 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 Karempudi Adb?

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 Karempudi Adb branch?

The address of the branch is Guntur, Andhra Pradesh 522614 located in Guntur, Karempudi, Andhra Pradesh.

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.