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 Collectorate Complex Mahabubnagar branch in Mehboobnagar, Mehboobnagar, Andhra Pradesh, 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 Mehboobnagar or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code SBIN0021102. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for State Bank Of India, Collectorate Complex Mahabubnagar, Mehboobnagar
The table below shows the main details of the IFSC Code SBIN0021102 for the State Bank Of India branch in Mehboobnagar, which falls under the Mehboobnagar district in Andhra Pradesh.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0021102 |
| Branch | Collectorate Complex Mahabubnagar |
| City | Mehboobnagar |
| District | Mehboobnagar |
| State | Andhra Pradesh |
| Address | Aippbssandmahabbnaga |
These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in Mehboobnagar for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0021102 for the Collectorate Complex Mahabubnagar branch of State Bank Of India plays 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, including State Bank Of India located in Collectorate Complex Mahabubnagar, Mehboobnagar, Andhra Pradesh, is provided with a unique IFSC like SBIN0021102 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 Mehboobnagar.
- 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 Mehboobnagar and Mehboobnagar.
- 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 Collectorate Complex Mahabubnagar do not get mixed with another location.
Format of the IFSC Code SBIN0021102
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): These represent the bank code. In State Bank Of India, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Collectorate Complex Mahabubnagar in Mehboobnagar.
For example, the IFSC Code SBIN0021102 of State Bank Of India for the Collectorate Complex Mahabubnagar branch has these elements, identifying the bank and the branch location in Mehboobnagar and Andhra Pradesh correctly.
How to Find IFSC Code for State Bank Of India?
If you are trying to find the IFSC Code SBIN0021102 of State Bank Of India for its Collectorate Complex Mahabubnagar branch located in Mehboobnagar, the following methods can help:
Cheque Book
The cheque books that are issued by State Bank Of India include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including State Bank Of India branches in Mehboobnagar and Mehboobnagar, 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 find the branch locator section. Search for Collectorate Complex Mahabubnagar or Mehboobnagar to get the exact IFSC Code SBIN0021102.
Mobile Banking App
If you use State Bank Of India's mobile app, you can easily 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 to help you in searching for State Bank Of India and Mehboobnagar that will provide accurate information.
How to Use IFSC Code SBIN0021102 for Online Transfers?
Once you have the IFSC Code SBIN0021102 for the Collectorate Complex Mahabubnagar branch of State Bank Of India in Mehboobnagar, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0021102. 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 SBIN0021102.
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 Collectorate Complex Mahabubnagar in Mehboobnagar 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 Collectorate Complex Mahabubnagar, 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 Mehboobnagar manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Collectorate Complex Mahabubnagar Mehboobnagar branch is SBIN0021102.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Aippbssandmahabbnaga.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.