There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of State Bank Of India for its Bus Stand Area, Keshod branch in Junagadh, Keshod, Gujarat, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of State Bank Of India situated in Junagadh or anywhere in Gujarat can easily transfer funds instantly by using the correct IFSC Code SBIN0010986. You should 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, Bus Stand Area, Keshod, Junagadh
Here are some of the key details that come with the IFSC Code SBIN0010986 of State Bank Of India for its branch located in Junagadh, within the district of Keshod in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0010986 |
| Branch | Bus Stand Area, Keshod |
| City | Junagadh |
| District | Keshod |
| State | Gujarat |
| Address | Bharat Chamber,Veraval Highway,Nr St Bus Stand,Keshod,Distjunagadh362220 |
These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in Junagadh for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0010986 for the Bus Stand Area, Keshod 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 Bus Stand Area, Keshod, Junagadh, Gujarat, are allotted a unique IFSC like SBIN0010986 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Junagadh.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Junagadh and Keshod.
- 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 Bus Stand Area, Keshod reaches the right place, even though there are thousands of branches in Gujarat and across India.
Format of the IFSC Code SBIN0010986
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 Bus Stand Area, Keshod in Junagadh.
For example, the IFSC Code SBIN0010986 of State Bank Of India for the Bus Stand Area, Keshod branch includes these elements, identifying the bank and the branch location in Junagadh and Gujarat accurately.
How to Find IFSC Code for State Bank Of India?
If you are looking for the IFSC Code SBIN0010986 of State Bank Of India for its Bus Stand Area, Keshod branch located in Junagadh, the following methods can help:
Cheque Book
The cheque book that is issued by State Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including State Bank Of India branches in Junagadh and Keshod, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of State Bank Of India and look for the branch locator section, then search for Bus Stand Area, Keshod or Junagadh to get the exact IFSC Code SBIN0010986.
Mobile Banking App
If you use State Bank Of India's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for State Bank Of India and Junagadh, then it will provide you proper information.
How to Use IFSC Code SBIN0010986 for Online Transfers?
Once you have the IFSC Code SBIN0010986 for the Bus Stand Area, Keshod branch of State Bank Of India in Junagadh, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SBIN0010986. 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 SBIN0010986.
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 Bus Stand Area, Keshod in Junagadh, 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 Bus Stand Area, Keshod, 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 Junagadh to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0010986.
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 Bharat Chamber,Veraval Highway,Nr St Bus Stand,Keshod,Distjunagadh362220 located in Junagadh, Keshod, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.