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 Tanneruhalla, Hassan branch in Hassan, Hasssan, Karnataka, 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 Hassan or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code SBIN0016487. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for State Bank Of India, Tanneruhalla, Hassan, Hassan
Here are the main details that are associated with the IFSC Code SBIN0016487 of State Bank Of India for its branch located in Hassan, within the district of Hasssan in the state of Karnataka.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0016487 |
| Branch | Tanneruhalla, Hassan |
| City | Hassan |
| District | Hasssan |
| State | Karnataka |
| Address | Sri Veerabhadreswara Complex, Belur Road, Tanneeruhalla, Hassan, Distt. Hassan. Karnatka 573201 |
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 SBIN0016487 for the Tanneruhalla, Hassan 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, including State Bank Of India located in Tanneruhalla, Hassan, Hassan, Karnataka, is provided with a unique IFSC like SBIN0016487 to ensure that online payments reach the right destination.
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 errors or confusions between multiple branches of the same bank across different places like Hassan and Hasssan.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Karnataka and the rest of India and the IFSC Code ensures that transactions meant for State Bank Of India in Tanneruhalla, Hassan do not get mixed with another location.
Format of the IFSC Code SBIN0016487
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 Tanneruhalla, Hassan in Hassan.
For example, the IFSC Code SBIN0016487 of State Bank Of India for the Tanneruhalla, Hassan 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 trying to find the IFSC Code SBIN0016487 of State Bank Of India for its Tanneruhalla, Hassan branch located in Hassan, the following methods can help:
Cheque Book
The cheque book issued by State Bank Of India includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
You can easily find the IFSC and MICR codes because most banks, including State Bank Of India branches in Hassan and Hasssan, print them on the first page of your passbook.
Bank Website
Visit the official website of State Bank Of India and navigate to the branch locator section. Search for Tanneruhalla, Hassan or Hassan to get the exact IFSC Code SBIN0016487.
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 keeps an updated list of all IFSC codes. If you search for State Bank Of India and Hassan, you'll get the correct details.
How to Use IFSC Code SBIN0016487 for Online Transfers?
Once you have the IFSC Code SBIN0016487 for the Tanneruhalla, 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 SBIN0016487. 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 SBIN0016487.
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 Tanneruhalla, Hassan 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 Tanneruhalla, Hassan, 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 SBIN0016487.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Sri Veerabhadreswara Complex, Belur Road, Tanneeruhalla, Hassan, Distt. Hassan. Karnatka 573201 located in Hassan, Hasssan, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.