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 Defence Research Development Laboratory(Drdl) Hyderabad branch in Moradabad, Hyderabad, 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 Moradabad or anywhere in Telangana can transfer funds instantly by using the correct IFSC Code SBIN0010309. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for State Bank Of India, Defence Research Development Laboratory(Drdl) Hyderabad, Moradabad
Here are the main details that are associated with the IFSC Code SBIN0010309 of State Bank Of India for its branch located in Moradabad, within the district of Hyderabad in the state of Telangana.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0010309 |
| Branch | Defence Research Development Laboratory(Drdl) Hyderabad |
| City | Moradabad |
| District | Hyderabad |
| State | Telangana |
| Address | Defence Research Development Laboratory Premises, Hyderabad |
These details helps users in online banking and for businesses and individuals who use State Bank Of India in Moradabad for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0010309 for the Defence Research Development Laboratory(Drdl) Hyderabad 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 that is provided by the Reserve Bank of India. A unique IFSC like SBIN0010309 is given to every bank branch, including State Bank Of India located in Defence Research Development Laboratory(Drdl) Hyderabad, Moradabad, Telangana, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the State Bank Of India branch in Moradabad.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Moradabad and Hyderabad.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Telangana and the rest of India, which is why the IFSC Code ensures that transactions meant for State Bank Of India in Defence Research Development Laboratory(Drdl) Hyderabad doesn't end up at another location.
Format of the IFSC Code SBIN0010309
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 Defence Research Development Laboratory(Drdl) Hyderabad in Moradabad.
For example, the IFSC Code SBIN0010309 of State Bank Of India for the Defence Research Development Laboratory(Drdl) Hyderabad branch has these elements, identifying the bank and the branch location in Moradabad and Telangana correctly.
How to Find IFSC Code for State Bank Of India?
If you are looking for the IFSC Code SBIN0010309 of State Bank Of India for its Defence Research Development Laboratory(Drdl) Hyderabad branch located in Moradabad, 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 Moradabad and Hyderabad, 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 Defence Research Development Laboratory(Drdl) Hyderabad or Moradabad to get the exact IFSC Code SBIN0010309.
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 Moradabad, then it will provide you proper information.
How to Use IFSC Code SBIN0010309 for Online Transfers?
Once you have the IFSC Code SBIN0010309 for the Defence Research Development Laboratory(Drdl) Hyderabad branch of State Bank Of India in Moradabad, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SBIN0010309. 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 SBIN0010309.
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 Defence Research Development Laboratory(Drdl) Hyderabad in Moradabad, your payment can get delayed or might not go through at all.
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 Defence Research Development Laboratory(Drdl) Hyderabad, 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 Moradabad to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0010309.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Defence Research Development Laboratory Premises, Hyderabad located in Moradabad, Hyderabad, Telangana.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.