IFSC Code of State Bank Of India, Nh 47 Alappuzha, Alappuzha, Kerala- SBIN0008589

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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of State Bank Of India for its Nh 47 Alappuzha branch in Idukki, Alappuzha, or Kerala, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of State Bank Of India located in Idukki or anywhere in Kerala can transfer funds instantly by using the correct IFSC Code SBIN0008589. 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, Nh 47 Alappuzha, Idukki

Here are the main details that are associated with the IFSC Code SBIN0008589 of State Bank Of India for its branch located in Idukki, within the district of Alappuzha in the state of Kerala.

These details are important not only for users using online banking but also for businesses and individuals who use State Bank Of India in Idukki for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0008589 for the Nh 47 Alappuzha 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 Nh 47 Alappuzha, Idukki, Kerala, is provided with a unique IFSC like SBIN0008589 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 Idukki.
• 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 Idukki and Alappuzha.
• 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 Kerala and the rest of India and the IFSC Code ensures that transactions meant for State Bank Of India in Nh 47 Alappuzha do not get mixed with another location.

Format of the IFSC Code SBIN0008589

The format of the IFSC Code for banks, including State Bank Of India, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

• First 4 characters (AAAA): These represent the bank code. In State Bank Of India, they are a short identifier for the bank.
• 5th character (0): This is always zero and is reserved for future use.
• Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Nh 47 Alappuzha in Idukki.

For example, the IFSC Code SBIN0008589 of State Bank Of India for the Nh 47 Alappuzha branch has these elements, identifying the bank and the branch location in Idukki and Kerala correctly.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0008589 of State Bank Of India for its Nh 47 Alappuzha branch located in Idukki, 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 Idukki and Alappuzha, 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 Nh 47 Alappuzha or Idukki to get the exact IFSC Code SBIN0008589.

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 Idukki, you'll get the correct details.

How to Use IFSC Code SBIN0008589 for Online Transfers?

If you have the IFSC Code SBIN0008589 for the Nh 47 Alappuzha branch of State Bank Of India in Idukki, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0008589. Transfers are processed in batches. Suitable for 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. Asks for the recipient's account details and State Bank Of India IFSC Code SBIN0008589.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for State Bank Of India Nh 47 Alappuzha in Idukki, it may 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 Nh 47 Alappuzha, 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 Idukki to handle online money transfers and get their cheques cleared smoothly.