For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of State Bank Of India for its Ganeshguri Traders branch in Kamrup, Guwahati, Assam, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of State Bank Of India located in Kamrup or anywhere in Assam can transfer funds instantly by using the correct IFSC Code SBIN0018533. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for State Bank Of India, Ganeshguri Traders, Kamrup

Here are the key points that are associated with the IFSC Code SBIN0018533 of State Bank Of India for its branch located in Kamrup, within the district of Guwahati in the state of Assam.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0018533
Branch Ganeshguri Traders
City Kamrup
District Guwahati
State Assam
Address Ojah Complex, First Floor, R.P. Road, Ganeshguri,Guwahati, Dist.Kamrup,Assam-781006

These details are crucial, not just for online banking users but also for businesses and individuals who use State Bank Of India in Kamrup for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0018533 for the Ganeshguri Traders branch of State Bank Of India has an important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like SBIN0018533 is given to every bank branch, including State Bank Of India located in Ganeshguri Traders, Kamrup, Assam, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the State Bank Of India branch in Kamrup.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any kind of confusion between multiple branches of the same bank across different places like Kamrup and Guwahati.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Assam and the rest of India, which is why the IFSC Code ensures that transactions meant for State Bank Of India in Ganeshguri Traders doesn't end up at another location.

Format of the IFSC Code SBIN0018533

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 Ganeshguri Traders in Kamrup.

For example, the IFSC Code SBIN0018533 of State Bank Of India for the Ganeshguri Traders branch includes these elements, identifying the bank and the branch location in Kamrup and Assam accurately.

How to Find IFSC Code for State Bank Of India?

If you are looking for the IFSC Code SBIN0018533 of State Bank Of India for its Ganeshguri Traders branch located in Kamrup, 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 Kamrup and Guwahati, 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 Ganeshguri Traders or Kamrup to get the exact IFSC Code SBIN0018533.

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 Kamrup, then it will provide you proper information.

How to Use IFSC Code SBIN0018533 for Online Transfers?

Once you have the IFSC Code SBIN0018533 for the Ganeshguri Traders branch of State Bank Of India in Kamrup, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SBIN0018533. 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 SBIN0018533.

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 Ganeshguri Traders in Kamrup, 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 Ganeshguri Traders, 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 Kamrup 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 Ganeshguri Traders Kamrup?

The IFSC Code of the Ganeshguri Traders Kamrup branch is SBIN0018533.

Is IFSC Code SBIN0018533 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 Ganeshguri Traders branch?

The branch is located at Ojah Complex, First Floor, R.P. Road, Ganeshguri,Guwahati, Dist.Kamrup,Assam-781006.

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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