For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of State Bank Of India for its Manglaur branch in Haridwar, Manglaur, Uttarakhand, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of State Bank Of India located in Haridwar or anywhere in Uttarakhand can transfer funds instantly by using the correct IFSC Code SBIN0002418. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for State Bank Of India, Manglaur, Haridwar

The table below shows the main details of the IFSC Code SBIN0002418 for the State Bank Of India branch in Haridwar, which falls under the Manglaur district in Uttarakhand.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0002418
Branch Manglaur
City Haridwar
District Manglaur
State Uttarakhand
Address Haridwar, Uttaranchal 247666

These details are important not only for users using online banking but also for businesses and individuals who use State Bank Of India in Haridwar for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0002418 for the Manglaur 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 Manglaur, Haridwar, Uttarakhand, are given a unique IFSC like SBIN0002418 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Haridwar.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents any kind of confusion between different branches of the same bank in places like Haridwar and Manglaur.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to State Bank Of India in Manglaur goes to the correct branch. This is important because State Bank Of India has thousands of branches in Uttarakhand and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code SBIN0002418

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 Manglaur in Haridwar.

For example, the IFSC Code SBIN0002418 of State Bank Of India for the Manglaur branch includes these elements, identifying the bank and the branch location in Haridwar and Uttarakhand accurately.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0002418 of State Bank Of India for its Manglaur branch located in Haridwar, 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 Haridwar and Manglaur, 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 Manglaur or Haridwar to get the exact IFSC Code SBIN0002418.

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 Haridwar that will provide accurate information.

How to Use IFSC Code SBIN0002418 for Online Transfers?

Once you have the IFSC Code SBIN0002418 for the Manglaur branch of State Bank Of India in Haridwar, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SBIN0002418. 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 SBIN0002418.

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 Manglaur in Haridwar, your payment can get delayed or might not go through at all.

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 Manglaur, 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 Haridwar manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India in Manglaur, Haridwar?

The IFSC Code is SBIN0002418.

Is the IFSC Code SBIN0002418 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of State Bank Of India Manglaur?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Manglaur branch?

The address of the branch is Haridwar, Uttaranchal 247666 located in Haridwar, Manglaur, Uttarakhand.

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.