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IFSC Code of State Bank Of India, Gurgaon, Gurgaon, Haryana — SBIN0020829

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 Gurgaon branch in Gurgaon, Gurgaon, Haryana, 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 Gurgaon or anywhere in Haryana can transfer funds instantly by using the correct IFSC Code SBIN0020829. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for State Bank Of India, Gurgaon, Gurgaon

Below in the table are the key details related to IFSC Code SBIN0020829 of State Bank Of India for its branch located in Gurgaon, within the district of Gurgaon in the state of Haryana.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0020829
Branch Gurgaon
City Gurgaon
District Gurgaon
State Haryana
Address C5Aktcoplxctono14Gugaon

These details are important not only for users using online banking but also for businesses and individuals who use State Bank Of India in Gurgaon for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0020829 for the Gurgaon 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 Gurgaon, Gurgaon, Haryana, are given a unique IFSC like SBIN0020829 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

Format of the IFSC Code SBIN0020829

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 Gurgaon in Gurgaon.

For example, the IFSC Code SBIN0020829 of State Bank Of India for the Gurgaon branch includes these elements, identifying the bank and the branch location in Gurgaon and Haryana accurately.

How to Find IFSC Code for State Bank Of India?

To find the IFSC Code SBIN0020829 of State Bank Of India for its Gurgaon branch located in Gurgaon, the following methods can help you out:

Cheque Book

The cheque book issued by State Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.

Passbook

Most banks, including State Bank Of India branches in Gurgaon and Gurgaon, 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 go to the branch locator section. Then search for Gurgaon or Gurgaon to find the exact IFSC Code SBIN0020829.

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 maintains an updated database of all IFSC codes. Searching for State Bank Of India and Gurgaon will provide accurate information.

How to Use IFSC Code SBIN0020829 for Online Transfers?

Once you have the IFSC Code SBIN0020829 for the Gurgaon branch of State Bank Of India in Gurgaon, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SBIN0020829. 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 SBIN0020829.

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 Gurgaon in Gurgaon, 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 Gurgaon, 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 Gurgaon manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India in Gurgaon, Gurgaon?

The IFSC Code is SBIN0020829.

Is the IFSC Code SBIN0020829 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of State Bank Of India Gurgaon?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Gurgaon branch?

The address of the branch is C5Aktcoplxctono14Gugaon located in Gurgaon, Gurgaon, Haryana.

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.

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