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 Khatraj Chowkdi, Mahemdabad branch in Kheda, Mehmedabad, Gujarat, 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 Kheda or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code SBIN0018796. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for State Bank Of India, Khatraj Chowkdi, Mahemdabad, Kheda
Here are the key points that are associated with the IFSC Code SBIN0018796 of State Bank Of India for its branch located in Kheda, within the district of Mehmedabad in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0018796 |
| Branch | Khatraj Chowkdi, Mahemdabad |
| City | Kheda |
| District | Mehmedabad |
| State | Gujarat |
| Address | Khatraj Chowkdi, Mahuda Road, Mahemdabad, Dist.Kheda, Gj-387130 |
These details helps users in online banking and for businesses and individuals who use State Bank Of India in Kheda for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0018796 for the Khatraj Chowkdi, Mahemdabad branch of State Bank Of India plays a vital 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 Khatraj Chowkdi, Mahemdabad, Kheda, Gujarat, are given a unique IFSC like SBIN0018796 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Kheda.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Kheda and Mehmedabad.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to State Bank Of India in Khatraj Chowkdi, Mahemdabad goes to the correct branch. This is important because State Bank Of India has thousands of branches in Gujarat and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code SBIN0018796
The format of the IFSC Code for banks, including State Bank Of India, has 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 Khatraj Chowkdi, Mahemdabad in Kheda.
For example, the IFSC Code SBIN0018796 of State Bank Of India for the Khatraj Chowkdi, Mahemdabad branch includes these elements, identifying the bank and the branch location in Kheda and Gujarat correctly.
How to Find IFSC Code for State Bank Of India?
If you are trying to find the IFSC Code SBIN0018796 of State Bank Of India for its Khatraj Chowkdi, Mahemdabad branch located in Kheda, the following methods can help:
Cheque Book
The cheque books that are issued by State Bank Of India include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including State Bank Of India branches in Kheda and Mehmedabad, 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 find the branch locator section. Search for Khatraj Chowkdi, Mahemdabad or Kheda to get the exact IFSC Code SBIN0018796.
Mobile Banking App
If you use State Bank Of India's mobile app, you can easily 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 to help you in searching for State Bank Of India and Kheda that will provide accurate information.
How to Use IFSC Code SBIN0018796 for Online Transfers?
If you have the IFSC Code SBIN0018796 for the Khatraj Chowkdi, Mahemdabad branch of State Bank Of India in Kheda, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0018796. Transfers are processed in batches. 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. Asks for the recipient's account details and State Bank Of India IFSC Code SBIN0018796.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for State Bank Of India Khatraj Chowkdi, Mahemdabad in Kheda, it 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 Khatraj Chowkdi, Mahemdabad, 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 Kheda manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0018796.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Khatraj Chowkdi, Mahuda Road, Mahemdabad, Dist.Kheda, Gj-387130 located in Kheda, Mehmedabad, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.