IFSC Code of State Bank Of India, Bhotia Parao (Haldwani), Haldwani, Uttarakhand — SBIN0011409

For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of State Bank Of India for its Bhotia Parao (Haldwani) branch in New Delhi, Haldwani, Uttarakhand, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of State Bank Of India located in New Delhi or anywhere in Uttarakhand can transfer funds instantly by using the correct IFSC Code SBIN0011409. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for State Bank Of India, Bhotia Parao (Haldwani), New Delhi

The table below shows the main details of the IFSC Code SBIN0011409 for the State Bank Of India branch in New Delhi, which falls under the Haldwani district in Uttarakhand.

These details are crucial, not just for online banking users but also for businesses and individuals who use State Bank Of India in New Delhi for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0011409 for the Bhotia Parao (Haldwani) branch of State Bank Of India has an 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, including State Bank Of India located in Bhotia Parao (Haldwani), New Delhi, Uttarakhand, is provided with a unique IFSC like SBIN0011409 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It uniquely identifies the State Bank Of India branch in New Delhi.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It avoids any errors or confusions between multiple branches of the same bank across different places like New Delhi and Haldwani.
• It reduces errors in fund transfers and improves accuracy.
• It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Uttarakhand and the rest of India and the IFSC Code ensures that transactions meant for State Bank Of India in Bhotia Parao (Haldwani) do not get mixed with another location.

Format of the IFSC Code SBIN0011409

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 Bhotia Parao (Haldwani) in New Delhi.

For example, the IFSC Code SBIN0011409 of State Bank Of India for the Bhotia Parao (Haldwani) branch includes these elements, identifying the bank and the branch location in New Delhi and Uttarakhand correctly.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0011409 of State Bank Of India for its Bhotia Parao (Haldwani) branch located in New Delhi, the following methods can help:

Cheque Book

The cheque books that are issued by State Bank Of India include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including State Bank Of India branches in New Delhi and Haldwani, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of State Bank Of India and find the branch locator section. Search for Bhotia Parao (Haldwani) or New Delhi to get the exact IFSC Code SBIN0011409.

Mobile Banking App

If you use State Bank Of India's mobile app, you can easily check your account details to find your branch's IFSC code.

RBI Website

The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for State Bank Of India and New Delhi that will provide accurate information.

How to Use IFSC Code SBIN0011409 for Online Transfers?

Once you have the IFSC Code SBIN0011409 for the Bhotia Parao (Haldwani) branch of State Bank Of India in New Delhi, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0011409. Transfers are processed in batches. This is 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. Requires the recipient's account details and State Bank Of India IFSC Code SBIN0011409.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for State Bank Of India Bhotia Parao (Haldwani) in New Delhi 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 Bhotia Parao (Haldwani), 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 New Delhi manage online transfers as well as cheque clearances with ease.