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 Sector 53, Gurgaon branch in Gurgaon, Gurgaon, Haryana, 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 Gurgaon or anywhere in Haryana can easily transfer funds instantly by using the correct IFSC Code SBIN0016473. 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, Sector 53, Gurgaon, Gurgaon
Below in the table are the key details related to IFSC Code SBIN0016473 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 | SBIN0016473 |
| Branch | Sector 53, Gurgaon |
| City | Gurgaon |
| District | Gurgaon |
| State | Haryana |
| Address | Sector 53, Gurgaon, Unit No. 34, Veritas Business Suit, Sector 53, Distt Gurgaon. Haryana 122002 |
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 SBIN0016473 for the Sector 53, 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 Sector 53, Gurgaon, Gurgaon, Haryana, are allotted a unique IFSC like SBIN0016473 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 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 makes sure that money sent to State Bank Of India in Sector 53, Gurgaon reaches the right place, even though there are thousands of branches in Haryana and across India.
Format of the IFSC Code SBIN0016473
The format of the IFSC Code for banks, including State Bank Of India, follows 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 Sector 53, Gurgaon in Gurgaon.
For example, the IFSC Code SBIN0016473 of State Bank Of India for the Sector 53, 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?
If you are looking for the IFSC Code SBIN0016473 of State Bank Of India for its Sector 53, Gurgaon 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 Sector 53, Gurgaon or Gurgaon to get the exact IFSC Code SBIN0016473.
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 SBIN0016473 for Online Transfers?
Once you have the IFSC Code SBIN0016473 for the Sector 53, 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 SBIN0016473. 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 SBIN0016473.
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 Sector 53, 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 differ from IFSC codes. If you are looking for the MICR code of State Bank Of India in Sector 53, Gurgaon, 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 Gurgaon manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0016473.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Sector 53, Gurgaon, Unit No. 34, Veritas Business Suit, Sector 53, Distt Gurgaon. Haryana 122002 located in Gurgaon, Gurgaon, Haryana.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.