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 Chandralok Building, Delhi branch in New Delhi, Janpath, Delhi, 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 New Delhi or anywhere in Delhi can transfer funds instantly by using the correct IFSC Code SBIN0001639. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for State Bank Of India, Chandralok Building, Delhi, New Delhi

Here are some of the key details that come with the IFSC Code SBIN0001639 of State Bank Of India for its branch located in New Delhi, within the district of Janpath in the state of Delhi.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0001639
Branch Chandralok Building, Delhi
City New Delhi
District Janpath
State Delhi
Address First Floor,Podium Block,New Delhi 110001

These details help users in online banking and for businesses and individuals who use State Bank Of India in New Delhi for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0001639 for the Chandralok Building, Delhi 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including State Bank Of India located in Chandralok Building, Delhi, New Delhi, Delhi, is provided a unique IFSC like SBIN0001639 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 Janpath.
  • 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 Delhi and the rest of India, the IFSC Code ensures that transactions meant for State Bank Of India in Chandralok Building, Delhi do not get misguided to another person.

Format of the IFSC Code SBIN0001639

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 Chandralok Building, Delhi in New Delhi.

For example, the IFSC Code SBIN0001639 of State Bank Of India for the Chandralok Building, Delhi branch includes these elements, identifying the bank and the branch location in New Delhi and Delhi accurately.

How to Find IFSC Code for State Bank Of India?

If you are looking for the IFSC Code SBIN0001639 of State Bank Of India for its Chandralok Building, Delhi branch located in New Delhi, 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 New Delhi and Janpath, 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 Chandralok Building, Delhi or New Delhi to get the exact IFSC Code SBIN0001639.

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 New Delhi, then it will provide you proper information.

How to Use IFSC Code SBIN0001639 for Online Transfers?

Once you have the IFSC Code SBIN0001639 for the Chandralok Building, Delhi branch of State Bank Of India in New Delhi, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SBIN0001639. The transfer is completed in batches instead of instantly. It is useful for both 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 SBIN0001639.

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 Chandralok Building, Delhi in New Delhi, 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 Chandralok Building, Delhi, 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 New Delhi manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India in Chandralok Building, Delhi, New Delhi?

The IFSC Code is SBIN0001639.

Is the IFSC Code SBIN0001639 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of State Bank Of India Chandralok Building, Delhi?

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

What is the full address of the Chandralok Building, Delhi branch?

The address of the branch is First Floor,Podium Block,New Delhi 110001 located in New Delhi, Janpath, Delhi.

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.