IFSC Code of State Bank Of India, Shiggaon, Shiggaon, Karnataka — SBIN0040856

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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of State Bank Of India for its Shiggaon branch in Haveri, Shiggaon, Karnataka, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of State Bank Of India located in Haveri or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code SBIN0040856. 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, Shiggaon, Haveri

Here are some of the key details that come with the IFSC Code SBIN0040856 of State Bank Of India for its branch located in Haveri, within the district of Shiggaon in the state of Karnataka.

These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in Haveri for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0040856 for the Shiggaon 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with State Bank Of India located in Shiggaon, Haveri, Karnataka, are allotted a unique IFSC like SBIN0040856 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Haveri.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It prevents confusion between different branches of the same bank in places like Haveri and Shiggaon.
• 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 Shiggaon reaches the right place, even though there are thousands of branches in Karnataka and across India.

Format of the IFSC Code SBIN0040856

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 Shiggaon in Haveri.

For example, the IFSC Code SBIN0040856 of State Bank Of India for the Shiggaon branch includes these elements, identifying the bank and the branch location in Haveri and Karnataka correctly.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0040856 of State Bank Of India for its Shiggaon branch located in Haveri, 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

Most banks, including State Bank Of India branches in Haveri and Shiggaon, print the IFSC and MICR codes 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 Shiggaon or Haveri to get the exact IFSC Code SBIN0040856.

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 Haveri, you'll get the correct details.

How to Use IFSC Code SBIN0040856 for Online Transfers?

Once you have the IFSC Code SBIN0040856 for the Shiggaon branch of State Bank Of India in Haveri, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SBIN0040856. 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 SBIN0040856.

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 Shiggaon in Haveri, 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 Shiggaon, 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 Haveri to handle online money transfers and get their cheques cleared smoothly.