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 Shivapura branch in Mandya, Mandya, 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 Mandya or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code SBIN0007907. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for State Bank Of India, Shivapura, Mandya

Below in the table are the key details related to IFSC Code SBIN0007907 of State Bank Of India for its branch located in Mandya, within the district of Mandya in the state of Karnataka.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0007907
Branch Shivapura
City Mandya
District Mandya
State Karnataka
Address D5 286 M C Road Distt Mandya Karnataka 571429

These details helps users in online banking and for businesses and individuals who use State Bank Of India in Mandya for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0007907 for the Shivapura 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 Shivapura, Mandya, Karnataka, is provided with a unique IFSC like SBIN0007907 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 Mandya.
  • 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 Mandya and Mandya.
  • 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 Karnataka and the rest of India and the IFSC Code ensures that transactions meant for State Bank Of India in Shivapura do not get mixed with another location.

Format of the IFSC Code SBIN0007907

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 Shivapura in Mandya.

For example, the IFSC Code SBIN0007907 of State Bank Of India for the Shivapura branch includes these elements, identifying the bank and the branch location in Mandya and Karnataka accurately.

How to Find IFSC Code for State Bank Of India?

To find the IFSC Code SBIN0007907 of State Bank Of India for its Shivapura branch located in Mandya, 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 Mandya and Mandya, 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 Shivapura or Mandya to find the exact IFSC Code SBIN0007907.

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 Mandya will provide accurate information.

How to Use IFSC Code SBIN0007907 for Online Transfers?

Once you have the IFSC Code SBIN0007907 for the Shivapura branch of State Bank Of India in Mandya, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0007907. 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 SBIN0007907.

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 Shivapura in Mandya may result in delayed or failed transactions.

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 Shivapura, 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 Mandya manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India Shivapura Mandya?

The IFSC Code of the Shivapura Mandya branch is SBIN0007907.

Is IFSC Code SBIN0007907 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 Shivapura branch?

The branch is located at D5 286 M C Road Distt Mandya Karnataka 571429.

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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