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 Rajendra Nagar branch in Krishna, Rajendra, Andhra Pradesh, 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 Krishna or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code SBIN0011102. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for State Bank Of India, Rajendra Nagar, Krishna

The table below shows the main details of the IFSC Code SBIN0011102 for the State Bank Of India branch in Krishna, which falls under the Rajendra district in Andhra Pradesh.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0011102
Branch Rajendra Nagar
City Krishna
District Rajendra
State Andhra Pradesh
Address Door No 10 154 D4 A E Seva Roadrajendra Nagar,Gudiwadakrishna Dist

These details helps users in online banking and for businesses and individuals who use State Bank Of India in Krishna for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0011102 for the Rajendra Nagar 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, including State Bank Of India located in Rajendra Nagar, Krishna, Andhra Pradesh, is provided with a unique IFSC like SBIN0011102 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 Krishna.
  • 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 Krishna and Rajendra.
  • 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 Andhra Pradesh and the rest of India and the IFSC Code ensures that transactions meant for State Bank Of India in Rajendra Nagar do not get mixed with another location.

Format of the IFSC Code SBIN0011102

The format of the IFSC Code for banks, including State Bank Of India, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown of this:

  • First 4 characters (AAAA): Represent the bank code. For State Bank Of India, these characters are the bank's short identifier.
  • 5th character (0): Always zero which is reserved for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Rajendra Nagar in Krishna.

For example, the IFSC Code SBIN0011102 of State Bank Of India for the Rajendra Nagar branch includes these elements, identifying the bank and the branch location in Krishna and Andhra Pradesh accurately.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0011102 of State Bank Of India for its Rajendra Nagar branch located in Krishna, the following methods can help:

Cheque Book

The cheque book issued by State Bank Of India includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

Most banks, including State Bank Of India branches in Krishna and Rajendra, print the IFSC and MICR codes on the first page of your passbook.

Bank Website

Visit the official website of State Bank Of India and navigate to the branch locator section. Search for Rajendra Nagar or Krishna to get the exact IFSC Code SBIN0011102.

Mobile Banking App

If you use State Bank Of India's mobile app, you can check your account details to find your branch's IFSC code.

RBI Website

The Reserve Bank of India keeps an updated list of all IFSC codes. If you search for State Bank Of India and Krishna, you'll get the correct details.

How to Use IFSC Code SBIN0011102 for Online Transfers?

Once you have the IFSC Code SBIN0011102 for the Rajendra Nagar branch of State Bank Of India in Krishna, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SBIN0011102. 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 SBIN0011102.

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 Rajendra Nagar in Krishna, your payment can get delayed or might not go through at all.

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 Rajendra Nagar, 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 Krishna manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India in Rajendra Nagar, Krishna?

The IFSC Code is SBIN0011102.

Is the IFSC Code SBIN0011102 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of State Bank Of India Rajendra Nagar?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Rajendra Nagar branch?

The address of the branch is Door No 10 154 D4 A E Seva Roadrajendra Nagar,Gudiwadakrishna Dist located in Krishna, Rajendra, Andhra Pradesh.

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.