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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of State Bank Of India for its Adb Hassan branch in Hassan, Hassan, or Karnataka, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of State Bank Of India located in Hassan or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code SBIN0040200. 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, Adb Hassan, Hassan
Below in the table are the key details related to IFSC Code SBIN0040200 of State Bank Of India for its branch located in Hassan, within the district of Hassan in the state of Karnataka.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0040200 |
| Branch | Adb Hassan |
| City | Hassan |
| District | Hassan |
| State | Karnataka |
| Address | Hassan,Karnataka,573 201 |
These details helps users in online banking and for businesses and individuals who use State Bank Of India in Hassan for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0040200 for the Adb Hassan 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 Adb Hassan, Hassan, Karnataka, are allotted a unique IFSC like SBIN0040200 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Hassan.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Hassan and Hassan.
- 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 Adb Hassan reaches the right place, even though there are thousands of branches in Karnataka and across India.
Format of the IFSC Code SBIN0040200
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 Adb Hassan in Hassan.
For example, the IFSC Code SBIN0040200 of State Bank Of India for the Adb Hassan branch has these elements, identifying the bank and the branch location in Hassan and Karnataka correctly.
How to Find IFSC Code for State Bank Of India?
To find the IFSC Code SBIN0040200 of State Bank Of India for its Adb Hassan branch located in Hassan, 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 Hassan and Hassan, 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 Adb Hassan or Hassan to find the exact IFSC Code SBIN0040200.
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 Hassan will provide accurate information.
How to Use IFSC Code SBIN0040200 for Online Transfers?
Once you have the IFSC Code SBIN0040200 for the Adb Hassan branch of State Bank Of India in Hassan, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SBIN0040200. 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 SBIN0040200.
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 Adb Hassan in Hassan, 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 Adb Hassan, 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 Hassan manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Adb Hassan Hassan branch is SBIN0040200.
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 Hassan,Karnataka,573 201.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
