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 Hyderabad Roadsiddipet branch in Medak, Siddipet, 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 Medak or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code SBIN0017194. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for State Bank Of India, Hyderabad Roadsiddipet, Medak

The table below shows the main details of the IFSC Code SBIN0017194 for the State Bank Of India branch in Medak, which falls under the Siddipet district in Andhra Pradesh.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0017194
Branch Hyderabad Roadsiddipet
City Medak
District Siddipet
State Andhra Pradesh
Address Plot 90 109No1305 Gp Prasanth Nagar Hyderabad Roadsiddipetdisttmedakandhra Pradesh502103

These details are crucial, not just for online banking users but also for businesses and individuals who use State Bank Of India in Medak for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0017194 for the Hyderabad Roadsiddipet 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with State Bank Of India located in Hyderabad Roadsiddipet, Medak, Andhra Pradesh, are allotted a unique IFSC like SBIN0017194 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Medak.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Medak and Siddipet.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It makes sure that money sent to State Bank Of India in Hyderabad Roadsiddipet reaches the right place, even though there are thousands of branches in Andhra Pradesh and across India.

Format of the IFSC Code SBIN0017194

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 Hyderabad Roadsiddipet in Medak.

For example, the IFSC Code SBIN0017194 of State Bank Of India for the Hyderabad Roadsiddipet branch includes these elements, identifying the bank and the branch location in Medak and Andhra Pradesh accurately.

How to Find IFSC Code for State Bank Of India?

If you are looking for the IFSC Code SBIN0017194 of State Bank Of India for its Hyderabad Roadsiddipet branch located in Medak, the following methods can help:

Cheque Book

The cheque book that is issued by State Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

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

Bank Website

You can visit the official website of State Bank Of India and look for the branch locator section, then search for Hyderabad Roadsiddipet or Medak to get the exact IFSC Code SBIN0017194.

Mobile Banking App

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

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for State Bank Of India and Medak, then it will provide you proper information.

How to Use IFSC Code SBIN0017194 for Online Transfers?

Once you have the IFSC Code SBIN0017194 for the Hyderabad Roadsiddipet branch of State Bank Of India in Medak, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0017194. 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 SBIN0017194.

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 Hyderabad Roadsiddipet in Medak 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 Hyderabad Roadsiddipet, 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 Medak to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India in Hyderabad Roadsiddipet, Medak?

The IFSC Code is SBIN0017194.

Is the IFSC Code SBIN0017194 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 Hyderabad Roadsiddipet?

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 Hyderabad Roadsiddipet branch?

The address of the branch is Plot 90 109No1305 Gp Prasanth Nagar Hyderabad Roadsiddipetdisttmedakandhra Pradesh502103 located in Medak, Siddipet, 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.

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