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 Saidnagli branch in Jyotiba Phoole Nagar, Said Nagli, Uttar Pradesh, 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 Jyotiba Phoole Nagar or anywhere in Uttar Pradesh can easily transfer funds instantly by using the correct IFSC Code SBIN0011824. 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, Saidnagli, Jyotiba Phoole Nagar

Here are some of the key details that come with the IFSC Code SBIN0011824 of State Bank Of India for its branch located in Jyotiba Phoole Nagar, within the district of Said Nagli in the state of Uttar Pradesh.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0011824
Branch Saidnagli
City Jyotiba Phoole Nagar
District Said Nagli
State Uttar Pradesh
Address Saidnagli,Main Market,Po Saidnagli, Distjpnagar Uttar Pradesh244242

These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in Jyotiba Phoole Nagar for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0011824 for the Saidnagli 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including State Bank Of India located in Saidnagli, Jyotiba Phoole Nagar, Uttar Pradesh, is provided a unique IFSC like SBIN0011824 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the State Bank Of India branch in Jyotiba Phoole Nagar.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Jyotiba Phoole Nagar and Said Nagli.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Uttar Pradesh and the rest of India, the IFSC Code ensures that transactions meant for State Bank Of India in Saidnagli do not get misguided to another person.

Format of the IFSC Code SBIN0011824

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): Show the bank code. For State Bank Of India, these letters represent the bank's short name.
  • 5th character: Is always zero and is kept for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Saidnagli in Jyotiba Phoole Nagar.

For example, the IFSC Code SBIN0011824 of State Bank Of India for the Saidnagli branch includes these elements, identifying the bank and the branch location in Jyotiba Phoole Nagar and Uttar Pradesh accurately.

How to Find IFSC Code for State Bank Of India?

If you are looking for the IFSC Code SBIN0011824 of State Bank Of India for its Saidnagli branch located in Jyotiba Phoole Nagar, 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 Jyotiba Phoole Nagar and Said Nagli, 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 Saidnagli or Jyotiba Phoole Nagar to get the exact IFSC Code SBIN0011824.

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 Jyotiba Phoole Nagar, then it will provide you proper information.

How to Use IFSC Code SBIN0011824 for Online Transfers?

Once you have the IFSC Code SBIN0011824 for the Saidnagli branch of State Bank Of India in Jyotiba Phoole Nagar, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SBIN0011824. 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 SBIN0011824.

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 Saidnagli in Jyotiba Phoole Nagar, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of State Bank Of India in Saidnagli, you can find it by any of the following ways:

  • Check the bottom of your cheque leaf.
  • Go to the first page of your passbook.
  • Visit the official State Bank Of India website.
  • Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Jyotiba Phoole Nagar manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India in Saidnagli, Jyotiba Phoole Nagar?

The IFSC Code is SBIN0011824.

Is the IFSC Code SBIN0011824 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of State Bank Of India Saidnagli?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Saidnagli branch?

The address of the branch is Saidnagli,Main Market,Po Saidnagli, Distjpnagar Uttar Pradesh244242 located in Jyotiba Phoole Nagar, Said Nagli, Uttar Pradesh.

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.