IFSC Code of State Bank Of India, Yelawal, Mysore, Karnataka- SBIN0061736

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 Yelawal branch in Mysore, Mysore, Karnataka, 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 Mysore or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code SBIN0061736. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for State Bank Of India, Yelawal, Mysore

The table below shows the main details of the IFSC Code SBIN0061736 for the State Bank Of India branch in Mysore, which falls under the Mysore district in Karnataka.

These details are important not only for users using online banking but also for businesses and individuals who use State Bank Of India in Mysore for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0061736 for the Yelawal 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 SBIN0061736 is given to every bank branch, including State Bank Of India located in Yelawal, Mysore, Karnataka, 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 Mysore.
• 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 Mysore and Mysore.
• 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 Karnataka and the rest of India, which is why the IFSC Code ensures that transactions meant for State Bank Of India in Yelawal doesn't end up at another location.

Format of the IFSC Code SBIN0061736

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 Yelawal in Mysore.

For example, the IFSC Code SBIN0061736 of State Bank Of India for the Yelawal 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 looking for the IFSC Code SBIN0061736 of State Bank Of India for its Yelawal branch located in Mysore, 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 Mysore and Mysore, 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 Yelawal or Mysore to get the exact IFSC Code SBIN0061736.

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 Mysore, then it will provide you proper information.

How to Use IFSC Code SBIN0061736 for Online Transfers?

Once you have the IFSC Code SBIN0061736 for the Yelawal branch of State Bank Of India in Mysore, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SBIN0061736. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 SBIN0061736.

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 Yelawal in Mysore, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of State Bank Of India in Yelawal, here are some of the ways 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.

Knowing both IFSC and MICR code can help account holders in Mysore manage their online transfers and cheque clearances easily.