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 Wazeedu branch in Khammam, Khammam, Andhra 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 Khammam or anywhere in Andhra Pradesh can easily transfer funds instantly by using the correct IFSC Code SBIN0021817. 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, Wazeedu, Khammam
The table below shows the main details of the IFSC Code SBIN0021817 for the State Bank Of India branch in Khammam, which falls under the Khammam district in Andhra Pradesh.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0021817 |
| Branch | Wazeedu |
| City | Khammam |
| District | Khammam |
| State | Andhra Pradesh |
| Address | Luulssmffcwazu |
These details help users in online banking and for businesses and individuals who use State Bank Of India in Khammam for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0021817 for the Wazeedu branch of State Bank Of India has a very 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 Wazeedu, Khammam, Andhra Pradesh, is provided a unique IFSC like SBIN0021817 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 Khammam.
- 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 Khammam and Khammam.
- 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 Andhra Pradesh and the rest of India, the IFSC Code ensures that transactions meant for State Bank Of India in Wazeedu do not get misguided to another person.
Format of the IFSC Code SBIN0021817
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 Wazeedu in Khammam.
For example, the IFSC Code SBIN0021817 of State Bank Of India for the Wazeedu branch has these elements, identifying the bank and the branch location in Khammam and Andhra Pradesh correctly.
How to Find IFSC Code for State Bank Of India?
If you are trying to find the IFSC Code SBIN0021817 of State Bank Of India for its Wazeedu branch located in Khammam, 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
You can easily find the IFSC and MICR codes because most banks, including State Bank Of India branches in Khammam and Khammam, print them 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 Wazeedu or Khammam to get the exact IFSC Code SBIN0021817.
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 Khammam, you'll get the correct details.
How to Use IFSC Code SBIN0021817 for Online Transfers?
Once you have the IFSC Code SBIN0021817 for the Wazeedu branch of State Bank Of India in Khammam, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0021817. Transfers are processed in batches. This is 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. Requires the recipient's account details and State Bank Of India IFSC Code SBIN0021817.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for State Bank Of India Wazeedu in Khammam 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 Wazeedu, 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 Khammam to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0021817.
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 Luulssmffcwazu located in Khammam, Khammam, Andhra Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.