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 Boranada branch in New Delhi, Boranada, Rajasthan, 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 New Delhi or anywhere in Rajasthan can easily transfer funds instantly by using the correct IFSC Code SBIN0011310. 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, Boranada, New Delhi

Here are the key points that are associated with the IFSC Code SBIN0011310 of State Bank Of India for its branch located in New Delhi, within the district of Boranada in the state of Rajasthan.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0011310
Branch Boranada
City New Delhi
District Boranada
State Rajasthan
Address Jodhpur Distjodhpur 342012

These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in New Delhi for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0011310 for the Boranada branch of State Bank Of India plays an important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including State Bank Of India located in Boranada, New Delhi, Rajasthan, is provided a unique IFSC like SBIN0011310 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the State Bank Of India branch in New Delhi.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like New Delhi and Boranada.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Rajasthan and the rest of India, the IFSC Code ensures that transactions meant for State Bank Of India in Boranada do not get misguided to another person.

Format of the IFSC Code SBIN0011310

This is the format of the IFSC Code for banks, including State Bank Of India, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For State Bank Of India, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Boranada in New Delhi.

For example, the IFSC Code SBIN0011310 of State Bank Of India for the Boranada branch includes these elements, identifying the bank and the branch location in New Delhi and Rajasthan accurately.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0011310 of State Bank Of India for its Boranada branch located in New Delhi, 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 New Delhi and Boranada, 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 Boranada or New Delhi to get the exact IFSC Code SBIN0011310.

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 New Delhi, you'll get the correct details.

How to Use IFSC Code SBIN0011310 for Online Transfers?

Once you have the IFSC Code SBIN0011310 for the Boranada branch of State Bank Of India in New Delhi, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0011310. 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 SBIN0011310.

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 Boranada in New Delhi, 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 Boranada, 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 New Delhi 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 Boranada, New Delhi?

The IFSC Code is SBIN0011310.

Is the IFSC Code SBIN0011310 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 Boranada?

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 Boranada branch?

The address of the branch is Jodhpur Distjodhpur 342012 located in New Delhi, Boranada, Rajasthan.

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.