The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of State Bank Of India for its Moodala Gollahalli branch in Kolar, Gollahalli, Karnataka, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of State Bank Of India located in Kolar or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code SBIN0009936. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for State Bank Of India, Moodala Gollahalli, Kolar
Below in the table are the key details related to IFSC Code SBIN0009936 of State Bank Of India for its branch located in Kolar, within the district of Gollahalli in the state of Karnataka.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0009936 |
| Branch | Moodala Gollahalli |
| City | Kolar |
| District | Gollahalli |
| State | Karnataka |
| Address | At B.P.O. Moodalagollahal, Bathalli Chintamani T, Distt. Kolar, Karnataka 563123 |
These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in Kolar for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0009936 for the Moodala Gollahalli branch of State Bank Of India plays 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 SBIN0009936 is given to every bank branch, including State Bank Of India located in Moodala Gollahalli, Kolar, Karnataka, 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 Kolar.
- 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 Kolar and Gollahalli.
- 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 Karnataka and the rest of India, which is why the IFSC Code ensures that transactions meant for State Bank Of India in Moodala Gollahalli doesn't end up at another location.
Format of the IFSC Code SBIN0009936
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 Moodala Gollahalli in Kolar.
For example, the IFSC Code SBIN0009936 of State Bank Of India for the Moodala Gollahalli 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 looking for the IFSC Code SBIN0009936 of State Bank Of India for its Moodala Gollahalli branch located in Kolar, 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 Kolar and Gollahalli, 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 Moodala Gollahalli or Kolar to get the exact IFSC Code SBIN0009936.
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 Kolar, then it will provide you proper information.
How to Use IFSC Code SBIN0009936 for Online Transfers?
Once you have the IFSC Code SBIN0009936 for the Moodala Gollahalli 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 SBIN0009936. The transfer is completed in batches instead of instantly. It is useful for both 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 SBIN0009936.
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 Moodala Gollahalli 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 Moodala Gollahalli, 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)
The IFSC Code is SBIN0009936.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is At B.P.O. Moodalagollahal, Bathalli Chintamani T, Distt. Kolar, Karnataka 563123 located in Kolar, Gollahalli, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.