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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of State Bank Of India for its Gurgaon Sohna Road branch in Gurgaon, Gurgaon, Haryana, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of State Bank Of India located in Gurgaon or anywhere in Haryana can transfer funds instantly by using the correct IFSC Code SBIN0050900. 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, Gurgaon Sohna Road, Gurgaon

Here are some of the key details that come with the IFSC Code SBIN0050900 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 SBIN0050900
Branch Gurgaon Sohna Road
City Gurgaon
District Gurgaon
State Haryana
Address Sco 30Jail Complexsohna Roadgurgaon 122001

These details help users in online banking and for businesses and individuals who use State Bank Of India in Gurgaon for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0050900 for the Gurgaon Sohna Road branch of State Bank Of India has a very 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 Gurgaon Sohna Road, Gurgaon, Haryana, is provided a unique IFSC like SBIN0050900 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 Gurgaon.
  • 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 Gurgaon and Gurgaon.
  • 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 Haryana and the rest of India, the IFSC Code ensures that transactions meant for State Bank Of India in Gurgaon Sohna Road do not get misguided to another person.

Format of the IFSC Code SBIN0050900

The format of the IFSC Code for banks, including State Bank Of India, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown of this:

  • First 4 characters (AAAA): Represent the bank code. For State Bank Of India, these characters are the bank's short identifier.
  • 5th character (0): Always zero which is reserved for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Gurgaon Sohna Road in Gurgaon.

For example, the IFSC Code SBIN0050900 of State Bank Of India for the Gurgaon Sohna Road 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?

If you are looking for the IFSC Code SBIN0050900 of State Bank Of India for its Gurgaon Sohna Road branch located in Gurgaon, 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 Gurgaon and Gurgaon, 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 Gurgaon Sohna Road or Gurgaon to get the exact IFSC Code SBIN0050900.

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 Gurgaon, then it will provide you proper information.

How to Use IFSC Code SBIN0050900 for Online Transfers?

Once you have the IFSC Code SBIN0050900 for the Gurgaon Sohna Road 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 SBIN0050900. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 SBIN0050900.

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 Sohna Road 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 Sohna Road, 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 Gurgaon Sohna Road Gurgaon?

The IFSC Code of the Gurgaon Sohna Road Gurgaon branch is SBIN0050900.

Is IFSC Code SBIN0050900 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the State Bank Of India Gurgaon Sohna Road branch?

The branch is located at Sco 30Jail Complexsohna Roadgurgaon 122001.

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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