There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of State Bank Of India for its Kundur branch in Hassan, Hassan, Karnataka, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of State Bank Of India situated in Hassan or anywhere in Karnataka can easily transfer funds instantly by using the correct IFSC Code SBIN0041075. You should 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, Kundur, Hassan
Here are the key points that are associated with the IFSC Code SBIN0041075 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 | SBIN0041075 |
| Branch | Kundur |
| City | Hassan |
| District | Hassan |
| State | Karnataka |
| Address | Khata No 354 Kunduru Village Dandiganahalli Hobli |
These details are important not only for users using online banking but also for businesses and individuals who use State Bank Of India in Hassan for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0041075 for the Kundur 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 that is provided by the Reserve Bank of India. A unique IFSC like SBIN0041075 is given to every bank branch, including State Bank Of India located in Kundur, Hassan, Karnataka, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the State Bank Of India branch in Hassan.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Hassan and Hassan.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Karnataka and the rest of India, which is why the IFSC Code ensures that transactions meant for State Bank Of India in Kundur doesn't end up at another location.
Format of the IFSC Code SBIN0041075
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 Kundur in Hassan.
For example, the IFSC Code SBIN0041075 of State Bank Of India for the Kundur branch includes these elements, identifying the bank and the branch location in Hassan and Karnataka correctly.
How to Find IFSC Code for State Bank Of India?
If you are trying to find the IFSC Code SBIN0041075 of State Bank Of India for its Kundur branch located in Hassan, 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 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 find the branch locator section. Search for Kundur or Hassan to get the exact IFSC Code SBIN0041075.
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 Hassan that will provide accurate information.
How to Use IFSC Code SBIN0041075 for Online Transfers?
Once you have the IFSC Code SBIN0041075 for the Kundur 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 SBIN0041075. 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 SBIN0041075.
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 Kundur in Hassan, your payment can get delayed or might not go through at all.
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 Kundur, 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)
The IFSC Code is SBIN0041075.
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 Khata No 354 Kunduru Village Dandiganahalli Hobli located in Hassan, Hassan, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.