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 Shirur Dabade branch in Nanded, Nanded, Maharashtra, 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 Nanded or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code SBIN0064509. 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, Shirur Dabade, Nanded

Here are the main details that are associated with the IFSC Code SBIN0064509 of State Bank Of India for its branch located in Nanded, within the district of Nanded in the state of Maharashtra.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0064509
Branch Shirur Dabade
City Nanded
District Nanded
State Maharashtra
Address At Post Shirur Dabade,Taluka Mukhed,Dist Nanded Pincode 431715

These details helps users in online banking and for businesses and individuals who use State Bank Of India in Nanded for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0064509 for the Shirur Dabade 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 SBIN0064509 is given to every bank branch, including State Bank Of India located in Shirur Dabade, Nanded, Maharashtra, 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 Nanded.
  • 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 Nanded and Nanded.
  • 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 Maharashtra and the rest of India, which is why the IFSC Code ensures that transactions meant for State Bank Of India in Shirur Dabade doesn't end up at another location.

Format of the IFSC Code SBIN0064509

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 Shirur Dabade in Nanded.

For example, the IFSC Code SBIN0064509 of State Bank Of India for the Shirur Dabade branch has these elements, identifying the bank and the branch location in Nanded and Maharashtra correctly.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0064509 of State Bank Of India for its Shirur Dabade branch located in Nanded, 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 Nanded and Nanded, 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 Shirur Dabade or Nanded to get the exact IFSC Code SBIN0064509.

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 Nanded, you'll get the correct details.

How to Use IFSC Code SBIN0064509 for Online Transfers?

Once you have the IFSC Code SBIN0064509 for the Shirur Dabade branch of State Bank Of India in Nanded, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0064509. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and State Bank Of India IFSC Code SBIN0064509.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for State Bank Of India Shirur Dabade in Nanded, it can 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 Shirur Dabade, 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 Nanded to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India in Shirur Dabade, Nanded?

The IFSC Code is SBIN0064509.

Is the IFSC Code SBIN0064509 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of State Bank Of India Shirur Dabade?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Shirur Dabade branch?

The address of the branch is At Post Shirur Dabade,Taluka Mukhed,Dist Nanded Pincode 431715 located in Nanded, Nanded, Maharashtra.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

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