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 Sector Ten, Gurgaon 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 SBIN0018980. 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, Sector Ten, Gurgaon, Gurgaon
Here are the main details that are associated with the IFSC Code SBIN0018980 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 | SBIN0018980 |
| Branch | Sector Ten, Gurgaon |
| City | Gurgaon |
| District | Gurgaon |
| State | Haryana |
| Address | Huda Market,Near Blue Bells School, Gurgaon, Dist.Gurgaon, Haryana-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 SBIN0018980 for the Sector Ten, Gurgaon 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including State Bank Of India located in Sector Ten, Gurgaon, Gurgaon, Haryana, is provided with a unique IFSC like SBIN0018980 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the State Bank Of India branch in Gurgaon.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Gurgaon and Gurgaon.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Haryana and the rest of India and the IFSC Code ensures that transactions meant for State Bank Of India in Sector Ten, Gurgaon do not get mixed with another location.
Format of the IFSC Code SBIN0018980
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): These represent the bank code. In State Bank Of India, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Sector Ten, Gurgaon in Gurgaon.
For example, the IFSC Code SBIN0018980 of State Bank Of India for the Sector Ten, Gurgaon branch has these elements, identifying the bank and the branch location in Gurgaon and Haryana correctly.
How to Find IFSC Code for State Bank Of India?
If you are looking for the IFSC Code SBIN0018980 of State Bank Of India for its Sector Ten, 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 Ten, Gurgaon or Gurgaon to get the exact IFSC Code SBIN0018980.
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 SBIN0018980 for Online Transfers?
Once you have the IFSC Code SBIN0018980 for the Sector Ten, 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 SBIN0018980. 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 SBIN0018980.
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 Ten, 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 Ten, 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 of the Sector Ten, Gurgaon Gurgaon branch is SBIN0018980.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Huda Market,Near Blue Bells School, Gurgaon, Dist.Gurgaon, Haryana-122001.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.