Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of State Bank Of India for its Limbasi branch in Kheda, Limbasi, Gujarat, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of State Bank Of India located in Kheda or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code SBIN0013023. You should definitely 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, Limbasi, Kheda
Here are some of the key details that come with the IFSC Code SBIN0013023 of State Bank Of India for its branch located in Kheda, within the district of Limbasi in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0013023 |
| Branch | Limbasi |
| City | Kheda |
| District | Limbasi |
| State | Gujarat |
| Address | Station Road,Limbasi,Kheda District,Gujarat 387520 |
These details are crucial, not just for online banking users but also for businesses and individuals who use State Bank Of India in Kheda for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0013023 for the Limbasi 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 SBIN0013023 is given to every bank branch, including State Bank Of India located in Limbasi, Kheda, Gujarat, 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 Kheda.
- 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 Kheda and Limbasi.
- 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 Gujarat and the rest of India, which is why the IFSC Code ensures that transactions meant for State Bank Of India in Limbasi doesn't end up at another location.
Format of the IFSC Code SBIN0013023
This is the format of the IFSC Code for banks, including State Bank Of India, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For State Bank Of India, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Limbasi in Kheda.
For example, the IFSC Code SBIN0013023 of State Bank Of India for the Limbasi branch includes these elements, identifying the bank and the branch location in Kheda and Gujarat accurately.
How to Find IFSC Code for State Bank Of India?
If you are looking for the IFSC Code SBIN0013023 of State Bank Of India for its Limbasi branch located in Kheda, 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 Kheda and Limbasi, 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 Limbasi or Kheda to get the exact IFSC Code SBIN0013023.
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 Kheda, then it will provide you proper information.
How to Use IFSC Code SBIN0013023 for Online Transfers?
Once you have the IFSC Code SBIN0013023 for the Limbasi branch of State Bank Of India in Kheda, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0013023. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and State Bank Of India IFSC Code SBIN0013023.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for State Bank Of India Limbasi in Kheda, it can 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 Limbasi, 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 Kheda to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0013023.
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 Station Road,Limbasi,Kheda District,Gujarat 387520 located in Kheda, Limbasi, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.