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, Region Vi, Ao 1 Hyderabad branch in Hyderabad, Hyderabad, Andhra Pradesh, 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 Andhra Pradesh can transfer funds instantly by using the correct IFSC Code SBIN0016553. 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, Region Vi, Ao 1 Hyderabad, Hyderabad

Here are some of the key details that come with the IFSC Code SBIN0016553 of State Bank Of India for its branch located in Hyderabad, within the district of Hyderabad in the state of Andhra Pradesh.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0016553
Branch Rbo, Region Vi, Ao 1 Hyderabad
City Hyderabad
District Hyderabad
State Andhra Pradesh
Address Administrative Office 1, Bhagyodaya Building, Secunderabad, Distt. Hyderabad. Andhra Pradesh 500003

These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in Hyderabad for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0016553 for the Rbo, Region Vi, Ao 1 Hyderabad 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 Rbo, Region Vi, Ao 1 Hyderabad, Hyderabad, Andhra Pradesh, are given a unique IFSC like SBIN0016553 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Hyderabad.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents any kind of confusion between different branches of the same bank in places like Hyderabad and Hyderabad.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to State Bank Of India in Rbo, Region Vi, Ao 1 Hyderabad goes to the correct branch. This is important because State Bank Of India has thousands of branches in Andhra Pradesh and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code SBIN0016553

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, Region Vi, Ao 1 Hyderabad in Hyderabad.

For example, the IFSC Code SBIN0016553 of State Bank Of India for the Rbo, Region Vi, Ao 1 Hyderabad branch includes these elements, identifying the bank and the branch location in Hyderabad and Andhra Pradesh accurately.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0016553 of State Bank Of India for its Rbo, Region Vi, Ao 1 Hyderabad 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 Hyderabad, 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, Region Vi, Ao 1 Hyderabad or Hyderabad to get the exact IFSC Code SBIN0016553.

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 SBIN0016553 for Online Transfers?

Once you have the IFSC Code SBIN0016553 for the Rbo, Region Vi, Ao 1 Hyderabad branch of State Bank Of India in Hyderabad, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0016553. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and State Bank Of India IFSC Code SBIN0016553.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for State Bank Of India Rbo, Region Vi, Ao 1 Hyderabad in Hyderabad, it can 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 Rbo, Region Vi, Ao 1 Hyderabad, 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 Hyderabad 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 Rbo, Region Vi, Ao 1 Hyderabad Hyderabad?

The IFSC Code of the Rbo, Region Vi, Ao 1 Hyderabad Hyderabad branch is SBIN0016553.

Is IFSC Code SBIN0016553 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the State Bank Of India Rbo, Region Vi, Ao 1 Hyderabad branch?

The branch is located at Administrative Office 1, Bhagyodaya Building, Secunderabad, Distt. Hyderabad. Andhra Pradesh 500003.

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.

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