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 Yarahalli Kaval Hand Post branch in Mysore, Yarahalli Kaval, 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 Mysore or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code SBIN0017850. 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, Yarahalli Kaval Hand Post, Mysore
Here are the main details that are associated with the IFSC Code SBIN0017850 of State Bank Of India for its branch located in Mysore, within the district of Yarahalli Kaval in the state of Karnataka.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0017850 |
| Branch | Yarahalli Kaval Hand Post |
| City | Mysore |
| District | Yarahalli Kaval |
| State | Karnataka |
| Address | No.194,Yarahalli Kaval Road,Herige Green Panchayat,Handpost,H.D.Kote,Distt.Mysore.Karnataka 571114 |
These details help users in online banking and for businesses and individuals who use State Bank Of India in Mysore for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0017850 for the Yarahalli Kaval Hand Post branch of State Bank Of India has a very 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 Yarahalli Kaval Hand Post, Mysore, Karnataka, are given a unique IFSC like SBIN0017850 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Mysore.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Mysore and Yarahalli Kaval.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to State Bank Of India in Yarahalli Kaval Hand Post goes to the correct branch. This is important because State Bank Of India has thousands of branches in Karnataka and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code SBIN0017850
The format of the IFSC Code for banks, including State Bank Of India, has 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 Yarahalli Kaval Hand Post in Mysore.
For example, the IFSC Code SBIN0017850 of State Bank Of India for the Yarahalli Kaval Hand Post branch includes these elements, identifying the bank and the branch location in Mysore and Karnataka correctly.
How to Find IFSC Code for State Bank Of India?
If you are trying to find the IFSC Code SBIN0017850 of State Bank Of India for its Yarahalli Kaval Hand Post branch located in Mysore, the following methods can help:
Cheque Book
The cheque book issued by State Bank Of India includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
You can easily find the IFSC and MICR codes because most banks, including State Bank Of India branches in Mysore and Yarahalli Kaval, print them on the first page of your passbook.
Bank Website
Visit the official website of State Bank Of India and navigate to the branch locator section. Search for Yarahalli Kaval Hand Post or Mysore to get the exact IFSC Code SBIN0017850.
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 keeps an updated list of all IFSC codes. If you search for State Bank Of India and Mysore, you'll get the correct details.
How to Use IFSC Code SBIN0017850 for Online Transfers?
If you have the IFSC Code SBIN0017850 for the Yarahalli Kaval Hand Post branch of State Bank Of India in Mysore, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0017850. 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 SBIN0017850.
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 Yarahalli Kaval Hand Post in Mysore, 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 Yarahalli Kaval Hand Post, 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 Mysore manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0017850.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is No.194,Yarahalli Kaval Road,Herige Green Panchayat,Handpost,H.D.Kote,Distt.Mysore.Karnataka 571114 located in Mysore, Yarahalli Kaval, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.