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 Hangalgund branch in Hangalgund, Hangalgund, Jammu And Kashmir, 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 Hangalgund or anywhere in Jammu And Kashmir can transfer funds instantly by using the correct IFSC Code SBIN0061718. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for State Bank Of India, Hangalgund, Hangalgund
The table below shows the main details of the IFSC Code SBIN0061718 for the State Bank Of India branch in Hangalgund, which falls under the Hangalgund district in Jammu And Kashmir.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0061718 |
| Branch | Hangalgund |
| City | Hangalgund |
| District | Hangalgund |
| State | Jammu And Kashmir |
| Address | Hangalgund,Kokernag,Anantnag Jammu And Kashmir-192202 |
These details helps users in online banking and for businesses and individuals who use State Bank Of India in Hangalgund for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0061718 for the Hangalgund branch of State Bank Of India plays a vital 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 Hangalgund, Hangalgund, Jammu And Kashmir, are allotted a unique IFSC like SBIN0061718 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Hangalgund.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Hangalgund and Hangalgund.
- 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 Hangalgund reaches the right place, even though there are thousands of branches in Jammu And Kashmir and across India.
Format of the IFSC Code SBIN0061718
The format of the IFSC Code for banks, including State Bank Of India, has 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 Hangalgund in Hangalgund.
For example, the IFSC Code SBIN0061718 of State Bank Of India for the Hangalgund branch includes these elements, identifying the bank and the branch location in Hangalgund and Jammu And Kashmir correctly.
How to Find IFSC Code for State Bank Of India?
If you are trying to find the IFSC Code SBIN0061718 of State Bank Of India for its Hangalgund branch located in Hangalgund, the following methods can help:
Cheque Book
The cheque books that are issued by State Bank Of India include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including State Bank Of India branches in Hangalgund and Hangalgund, 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 find the branch locator section. Search for Hangalgund or Hangalgund to get the exact IFSC Code SBIN0061718.
Mobile Banking App
If you use State Bank Of India's mobile app, you can easily 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 to help you in searching for State Bank Of India and Hangalgund that will provide accurate information.
How to Use IFSC Code SBIN0061718 for Online Transfers?
Once you have the IFSC Code SBIN0061718 for the Hangalgund branch of State Bank Of India in Hangalgund, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0061718. Transfers are processed in batches. This is suitable for 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 SBIN0061718.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for State Bank Of India Hangalgund in Hangalgund may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of State Bank Of India in Hangalgund, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official State Bank Of India website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Hangalgund manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0061718.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Hangalgund,Kokernag,Anantnag Jammu And Kashmir-192202 located in Hangalgund, Hangalgund, Jammu And Kashmir.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.