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 Rbo Ii Dilsukhnagar branch in Hyderabad, Secunderabad, Telangana, 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 Hyderabad or anywhere in Telangana can transfer funds instantly by using the correct IFSC Code SBIN0021696. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for State Bank Of India, Rbo Ii Dilsukhnagar, Hyderabad
Below in the table are the key details related to IFSC Code SBIN0021696 of State Bank Of India for its branch located in Hyderabad, within the district of Secunderabad in the state of Telangana.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0021696 |
| Branch | Rbo Ii Dilsukhnagar |
| City | Hyderabad |
| District | Secunderabad |
| State | Telangana |
| Address | 2Ndfloor,Dno1171B,Bhagyodaya,Patnycircle,Secunderabad,Distt.Hyderabad,Telangana500003 |
These details are important not only for users using online banking but also for businesses and individuals who use State Bank Of India in Hyderabad for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0021696 for the Rbo Ii Dilsukhnagar 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 SBIN0021696 is given to every bank branch, including State Bank Of India located in Rbo Ii Dilsukhnagar, Hyderabad, Telangana, 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 Hyderabad.
- 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 Hyderabad and Secunderabad.
- 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 Telangana and the rest of India, which is why the IFSC Code ensures that transactions meant for State Bank Of India in Rbo Ii Dilsukhnagar doesn't end up at another location.
Format of the IFSC Code SBIN0021696
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 Rbo Ii Dilsukhnagar in Hyderabad.
For example, the IFSC Code SBIN0021696 of State Bank Of India for the Rbo Ii Dilsukhnagar branch includes these elements, identifying the bank and the branch location in Hyderabad and Telangana accurately.
How to Find IFSC Code for State Bank Of India?
If you are trying to find the IFSC Code SBIN0021696 of State Bank Of India for its Rbo Ii Dilsukhnagar branch located in Hyderabad, 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 Hyderabad and Secunderabad, 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 Rbo Ii Dilsukhnagar or Hyderabad to get the exact IFSC Code SBIN0021696.
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 Hyderabad that will provide accurate information.
How to Use IFSC Code SBIN0021696 for Online Transfers?
Once you have the IFSC Code SBIN0021696 for the Rbo Ii Dilsukhnagar branch of State Bank Of India in Hyderabad, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SBIN0021696. 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 SBIN0021696.
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 Rbo Ii Dilsukhnagar in Hyderabad, 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 Rbo Ii Dilsukhnagar, here are some ways that you can get 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.
If you know both IFSC and MICR codes, then it can help account holders in Hyderabad manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0021696.
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 2Ndfloor,Dno1171B,Bhagyodaya,Patnycircle,Secunderabad,Distt.Hyderabad,Telangana500003 located in Hyderabad, Secunderabad, Telangana.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.