IFSC Code of State Bank Of India, Farangipete, Manglore, Karnataka — SBIN0061776

Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of State Bank Of India for its Farangipete branch in Manglore, Manglore, or Karnataka, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of State Bank Of India located in Manglore or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code SBIN0061776. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for State Bank Of India, Farangipete, Manglore

Here are some of the key details that come with the IFSC Code SBIN0061776 of State Bank Of India for its branch located in Manglore, within the district of Manglore in the state of Karnataka.

These details are crucial, not just for online banking users but also for businesses and individuals who use State Bank Of India in Manglore for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0061776 for the Farangipete branch of State Bank Of India has an important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including State Bank Of India located in Farangipete, Manglore, Karnataka, is provided a unique IFSC like SBIN0061776 so that their online payments reach the right place.

The IFSC Code is important because:

• It uniquely recognizes the State Bank Of India branch in Manglore.
• Helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It avoids any confusions between multiple branches of the same bank across different places like Manglore and Manglore.
• It reduces most of the errors in fund transfers and makes sure its accuracy.
• It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Karnataka and the rest of India, the IFSC Code ensures that transactions meant for State Bank Of India in Farangipete do not get misguided to another person.

Format of the IFSC Code SBIN0061776

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 Farangipete in Manglore.

For example, the IFSC Code SBIN0061776 of State Bank Of India for the Farangipete branch includes these elements, identifying the bank and the branch location in Manglore and Karnataka accurately.

How to Find IFSC Code for State Bank Of India?

To find the IFSC Code SBIN0061776 of State Bank Of India for its Farangipete branch located in Manglore, 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 Manglore and Manglore, 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 Farangipete or Manglore to find the exact IFSC Code SBIN0061776.

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 Manglore will provide accurate information.

How to Use IFSC Code SBIN0061776 for Online Transfers?

If you have the IFSC Code SBIN0061776 for the Farangipete branch of State Bank Of India in Manglore, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0061776. Transfers are processed in batches. 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. Asks for the recipient's account details and State Bank Of India IFSC Code SBIN0061776.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for State Bank Of India Farangipete in Manglore, it 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 Farangipete, 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 Manglore to handle online money transfers and get their cheques cleared smoothly.