There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of State Bank Of India for its Vikas Bhawan Shamli branch in Muzaffarnagar, Shamli, Uttar Pradesh, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of State Bank Of India situated in Muzaffarnagar or anywhere in Uttar Pradesh can easily transfer funds instantly by using the correct IFSC Code SBIN0017876. You should 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, Vikas Bhawan Shamli, Muzaffarnagar
Here are some of the key details that come with the IFSC Code SBIN0017876 of State Bank Of India for its branch located in Muzaffarnagar, within the district of Shamli in the state of Uttar Pradesh.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0017876 |
| Branch | Vikas Bhawan Shamli |
| City | Muzaffarnagar |
| District | Shamli |
| State | Uttar Pradesh |
| Address | Vikas Bhavan Shamli Tehsil Parisar Shamli Disttmuzaffarnagar Uttar Pradesh247776 |
These details are important not only for users using online banking but also for businesses and individuals who use State Bank Of India in Muzaffarnagar for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0017876 for the Vikas Bhawan Shamli branch of State Bank Of India is vital.
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 SBIN0017876 is given to every bank branch, including State Bank Of India located in Vikas Bhawan Shamli, Muzaffarnagar, Uttar Pradesh, 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 Muzaffarnagar.
- 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 Muzaffarnagar and Shamli.
- 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 Uttar Pradesh and the rest of India, which is why the IFSC Code ensures that transactions meant for State Bank Of India in Vikas Bhawan Shamli doesn't end up at another location.
Format of the IFSC Code SBIN0017876
The format of the IFSC Code for banks, including State Bank Of India, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For State Bank Of India, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Vikas Bhawan Shamli in Muzaffarnagar.
For example, the IFSC Code SBIN0017876 of State Bank Of India for the Vikas Bhawan Shamli branch includes these elements, identifying the bank and the branch location in Muzaffarnagar and Uttar Pradesh accurately.
How to Find IFSC Code for State Bank Of India?
If you are looking for the IFSC Code SBIN0017876 of State Bank Of India for its Vikas Bhawan Shamli branch located in Muzaffarnagar, 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 Muzaffarnagar and Shamli, 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 Vikas Bhawan Shamli or Muzaffarnagar to get the exact IFSC Code SBIN0017876.
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 Muzaffarnagar, then it will provide you proper information.
How to Use IFSC Code SBIN0017876 for Online Transfers?
If you have the IFSC Code SBIN0017876 for the Vikas Bhawan Shamli branch of State Bank Of India in Muzaffarnagar, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0017876. 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 SBIN0017876.
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 Vikas Bhawan Shamli in Muzaffarnagar, 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 Vikas Bhawan Shamli, 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 Muzaffarnagar to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Vikas Bhawan Shamli Muzaffarnagar branch is SBIN0017876.
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 Vikas Bhavan Shamli Tehsil Parisar Shamli Disttmuzaffarnagar Uttar Pradesh247776.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.