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 Chikkathirupathi branch in Kolar, Kolar, Karnataka, 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 Kolar or anywhere in Karnataka can easily transfer funds instantly by using the correct IFSC Code SBIN0041167. 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, Chikkathirupathi, Kolar

The table below shows the main details of the IFSC Code SBIN0041167 for the State Bank Of India branch in Kolar, which falls under the Kolar district in Karnataka.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0041167
Branch Chikkathirupathi
City Kolar
District Kolar
State Karnataka
Address Sri.Maruthi Complex Chikkatirupathi-Malur Road Chikkatirupathi Village And Post Malur Taluk, Kolar District,Karnatka-563160

These details are important not only for users using online banking but also for businesses and individuals who use State Bank Of India in Kolar for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0041167 for the Chikkathirupathi branch of State Bank Of India is vital.

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 Chikkathirupathi, Kolar, Karnataka, is provided a unique IFSC like SBIN0041167 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 Kolar.
  • 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 Kolar and Kolar.
  • 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 Karnataka and the rest of India, the IFSC Code ensures that transactions meant for State Bank Of India in Chikkathirupathi do not get misguided to another person.

Format of the IFSC Code SBIN0041167

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 Chikkathirupathi in Kolar.

For example, the IFSC Code SBIN0041167 of State Bank Of India for the Chikkathirupathi branch includes these elements, identifying the bank and the branch location in Kolar and Karnataka accurately.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0041167 of State Bank Of India for its Chikkathirupathi branch located in Kolar, 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 Kolar and Kolar, 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 Chikkathirupathi or Kolar to get the exact IFSC Code SBIN0041167.

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 Kolar that will provide accurate information.

How to Use IFSC Code SBIN0041167 for Online Transfers?

Once you have the IFSC Code SBIN0041167 for the Chikkathirupathi branch of State Bank Of India in Kolar, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SBIN0041167. 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 SBIN0041167.

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 Chikkathirupathi in Kolar, 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 Chikkathirupathi, 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 Kolar manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India Chikkathirupathi Kolar?

The IFSC Code of the Chikkathirupathi Kolar branch is SBIN0041167.

Is IFSC Code SBIN0041167 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 Chikkathirupathi branch?

The branch is located at Sri.Maruthi Complex Chikkatirupathi-Malur Road Chikkatirupathi Village And Post Malur Taluk, Kolar District,Karnatka-563160.

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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