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 Cac Mancherial branch in Mancherial, Mancherial, Telangana, 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 Mancherial or anywhere in Telangana can transfer funds instantly by using the correct IFSC Code SBIN0062003. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for State Bank Of India, Cac Mancherial, Mancherial
The table below shows the main details of the IFSC Code SBIN0062003 for the State Bank Of India branch in Mancherial, which falls under the Mancherial district in Telangana.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0062003 |
| Branch | Cac Mancherial |
| City | Mancherial |
| District | Mancherial |
| State | Telangana |
| Address | Cac Mancherial12-907/2,Gangareddy Road,Reddy Colony,Mancherial-504208 |
These details helps users in online banking and for businesses and individuals who use State Bank Of India in Mancherial for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0062003 for the Cac Mancherial 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 Cac Mancherial, Mancherial, Telangana, is provided with a unique IFSC like SBIN0062003 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 Mancherial.
- 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 Mancherial and Mancherial.
- 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 Telangana and the rest of India and the IFSC Code ensures that transactions meant for State Bank Of India in Cac Mancherial do not get mixed with another location.
Format of the IFSC Code SBIN0062003
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 Cac Mancherial in Mancherial.
For example, the IFSC Code SBIN0062003 of State Bank Of India for the Cac Mancherial branch includes these elements, identifying the bank and the branch location in Mancherial and Telangana accurately.
How to Find IFSC Code for State Bank Of India?
To find the IFSC Code SBIN0062003 of State Bank Of India for its Cac Mancherial branch located in Mancherial, the following methods can help you out:
Cheque Book
The cheque book issued by State Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including State Bank Of India branches in Mancherial and Mancherial, 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 go to the branch locator section. Then search for Cac Mancherial or Mancherial to find the exact IFSC Code SBIN0062003.
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 maintains an updated database of all IFSC codes. Searching for State Bank Of India and Mancherial will provide accurate information.
How to Use IFSC Code SBIN0062003 for Online Transfers?
Once you have the IFSC Code SBIN0062003 for the Cac Mancherial branch of State Bank Of India in Mancherial, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SBIN0062003. 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 SBIN0062003.
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 Cac Mancherial in Mancherial, 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 Cac Mancherial, 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 Mancherial manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0062003.
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 Cac Mancherial12-907/2,Gangareddy Road,Reddy Colony,Mancherial-504208 located in Mancherial, Mancherial, Telangana.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.