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 Wadigodri branch in Jalna, Ambad, or Maharashtra, 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 Jalna or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code SBIN0003407. 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, Wadigodri, Jalna
The table below shows the main details of the IFSC Code SBIN0003407 for the State Bank Of India branch in Jalna, which falls under the Ambad district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0003407 |
| Branch | Wadigodri |
| City | Jalna |
| District | Ambad |
| State | Maharashtra |
| Address | Taq Ambad, T Jalna, Maharashtra 431205 |
These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in Jalna for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0003407 for the Wadigodri 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, including State Bank Of India located in Wadigodri, Jalna, Maharashtra, is provided with a unique IFSC like SBIN0003407 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 Jalna.
- 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 Jalna and Ambad.
- 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 Maharashtra and the rest of India and the IFSC Code ensures that transactions meant for State Bank Of India in Wadigodri do not get mixed with another location.
Format of the IFSC Code SBIN0003407
This is the format of the IFSC Code for banks, including State Bank Of India, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For State Bank Of India, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Wadigodri in Jalna.
For example, the IFSC Code SBIN0003407 of State Bank Of India for the Wadigodri branch includes these elements, identifying the bank and the branch location in Jalna and Maharashtra accurately.
How to Find IFSC Code for State Bank Of India?
To find the IFSC Code SBIN0003407 of State Bank Of India for its Wadigodri branch located in Jalna, the following methods can help you out:
Cheque Book
The cheque book issued by State Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including State Bank Of India branches in Jalna and Ambad, 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 go to the branch locator section. Then search for Wadigodri or Jalna to find the exact IFSC Code SBIN0003407.
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 maintains an updated database of all IFSC codes. Searching for State Bank Of India and Jalna will provide accurate information.
How to Use IFSC Code SBIN0003407 for Online Transfers?
Once you have the IFSC Code SBIN0003407 for the Wadigodri branch of State Bank Of India in Jalna, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SBIN0003407. 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 SBIN0003407.
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 Wadigodri in Jalna, 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 Wadigodri, 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 Jalna manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Wadigodri Jalna branch is SBIN0003407.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Taq Ambad, T Jalna, Maharashtra 431205.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.