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 Doddahalli branch in Hassan, Doddahalli, Karnataka, 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 Hassan or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code SBIN0040498. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for State Bank Of India, Doddahalli, Hassan

Here are the key points that are associated with the IFSC Code SBIN0040498 of State Bank Of India for its branch located in Hassan, within the district of Doddahalli in the state of Karnataka.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0040498
Branch Doddahalli
City Hassan
District Doddahalli
State Karnataka
Address Doddahalli,Hassan,Karnataka,Doddahalli 573210

These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in Hassan for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0040498 for the Doddahalli branch of State Bank Of India plays an important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including State Bank Of India located in Doddahalli, Hassan, Karnataka, is provided a unique IFSC like SBIN0040498 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the State Bank Of India branch in Hassan.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Hassan and Doddahalli.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Karnataka and the rest of India, the IFSC Code ensures that transactions meant for State Bank Of India in Doddahalli do not get misguided to another person.

Format of the IFSC Code SBIN0040498

This is the format of the IFSC Code for banks, including State Bank Of India, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For State Bank Of India, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Doddahalli in Hassan.

For example, the IFSC Code SBIN0040498 of State Bank Of India for the Doddahalli branch includes these elements, identifying the bank and the branch location in Hassan and Karnataka accurately.

How to Find IFSC Code for State Bank Of India?

If you are looking for the IFSC Code SBIN0040498 of State Bank Of India for its Doddahalli branch located in Hassan, 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 Hassan and Doddahalli, 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 Doddahalli or Hassan to get the exact IFSC Code SBIN0040498.

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 Hassan, then it will provide you proper information.

How to Use IFSC Code SBIN0040498 for Online Transfers?

Once you have the IFSC Code SBIN0040498 for the Doddahalli branch of State Bank Of India in Hassan, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0040498. 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 SBIN0040498.

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 Doddahalli in Hassan may result in delayed or failed transactions.

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 Doddahalli, here are some ways to obtain 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.

Having both the IFSC and MICR codes makes it easy for account holders in Hassan to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India in Doddahalli, Hassan?

The IFSC Code is SBIN0040498.

Is the IFSC Code SBIN0040498 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 Doddahalli?

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 Doddahalli branch?

The address of the branch is Doddahalli,Hassan,Karnataka,Doddahalli 573210 located in Hassan, Doddahalli, Karnataka.

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.