IFSC Code of State Bank Of India, Kundara, Mukkada, Kerala — SBIN0014246

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 Kundara branch in Kollam, Mukkada, Kerala, 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 Kollam or anywhere in Kerala can transfer funds instantly by using the correct IFSC Code SBIN0014246. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for State Bank Of India, Kundara, Kollam

Here are the main details that are associated with the IFSC Code SBIN0014246 of State Bank Of India for its branch located in Kollam, within the district of Mukkada in the state of Kerala.

These details are important not only for users using online banking but also for businesses and individuals who use State Bank Of India in Kollam for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0014246 for the Kundara branch of State Bank Of India is vital.

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, including State Bank Of India located in Kundara, Kollam, Kerala, is provided with a unique IFSC like SBIN0014246 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It uniquely identifies the State Bank Of India branch in Kollam.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It avoids any errors or confusions between multiple branches of the same bank across different places like Kollam and Mukkada.
• It reduces errors in fund transfers and improves accuracy.
• It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Kerala and the rest of India and the IFSC Code ensures that transactions meant for State Bank Of India in Kundara do not get mixed with another location.

Format of the IFSC Code SBIN0014246

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 Kundara in Kollam.

For example, the IFSC Code SBIN0014246 of State Bank Of India for the Kundara branch includes these elements, identifying the bank and the branch location in Kollam and Kerala accurately.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0014246 of State Bank Of India for its Kundara branch located in Kollam, 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 Kollam and Mukkada, 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 Kundara or Kollam to get the exact IFSC Code SBIN0014246.

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 Kollam that will provide accurate information.

How to Use IFSC Code SBIN0014246 for Online Transfers?

Once you have the IFSC Code SBIN0014246 for the Kundara branch of State Bank Of India in Kollam, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0014246. 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 SBIN0014246.

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 Kundara in Kollam 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 Kundara, 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 Kollam to handle online money transfers and get their cheques cleared smoothly.