The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of State Bank Of India for its Racpc Warangal Rural branch in Hanakonda, Hanakonda, Telangana, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of State Bank Of India located in Hanakonda or anywhere in Telangana can transfer funds instantly by using the correct IFSC Code SBIN0064119. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for State Bank Of India, Racpc Warangal Rural, Hanakonda
Here are the key points that are associated with the IFSC Code SBIN0064119 of State Bank Of India for its branch located in Hanakonda, within the district of Hanakonda in the state of Telangana.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0064119 |
| Branch | Racpc Warangal Rural |
| City | Hanakonda |
| District | Hanakonda |
| State | Telangana |
| Address | 2Nd Floor Assuntha Bhavan Opp Dmart Subedari Hanmakonda 506007 |
These details are crucial, not just for online banking users but also for businesses and individuals who use State Bank Of India in Hanakonda for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0064119 for the Racpc Warangal Rural branch of State Bank Of India has an 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, along with State Bank Of India located in Racpc Warangal Rural, Hanakonda, Telangana, are allotted a unique IFSC like SBIN0064119 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Hanakonda.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Hanakonda and Hanakonda.
- 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 Racpc Warangal Rural reaches the right place, even though there are thousands of branches in Telangana and across India.
Format of the IFSC Code SBIN0064119
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 Racpc Warangal Rural in Hanakonda.
For example, the IFSC Code SBIN0064119 of State Bank Of India for the Racpc Warangal Rural branch includes these elements, identifying the bank and the branch location in Hanakonda and Telangana accurately.
How to Find IFSC Code for State Bank Of India?
To find the IFSC Code SBIN0064119 of State Bank Of India for its Racpc Warangal Rural branch located in Hanakonda, 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 Hanakonda and Hanakonda, 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 Racpc Warangal Rural or Hanakonda to find the exact IFSC Code SBIN0064119.
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 Hanakonda will provide accurate information.
How to Use IFSC Code SBIN0064119 for Online Transfers?
Once you have the IFSC Code SBIN0064119 for the Racpc Warangal Rural branch of State Bank Of India in Hanakonda, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SBIN0064119. 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 SBIN0064119.
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 Racpc Warangal Rural in Hanakonda, 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 Racpc Warangal Rural, 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 Hanakonda manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0064119.
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 2Nd Floor Assuntha Bhavan Opp Dmart Subedari Hanmakonda 506007 located in Hanakonda, Hanakonda, Telangana.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.