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IFSC Code of State Bank Of India, Jail Road Hari Nagar, Delhi, Delhi — SBIN0015986

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 Jail Road Hari Nagar branch in New Delhi, Delhi, Delhi, 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 Delhi can easily transfer funds instantly by using the correct IFSC Code SBIN0015986. 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, Jail Road Hari Nagar, New Delhi

Below in the table are the key details related to IFSC Code SBIN0015986 of State Bank Of India for its branch located in New Delhi, within the district of Delhi in the state of Delhi.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0015986
Branch Jail Road Hari Nagar
City New Delhi
District Delhi
State Delhi
Address Al 6, L Block, Jail Road, Hari Nagar,New Delhi110064

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 SBIN0015986 for the Jail Road Hari Nagar 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with State Bank Of India located in Jail Road Hari Nagar, New Delhi, Delhi, are allotted a unique IFSC like SBIN0015986 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in New Delhi.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like New Delhi and Delhi.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It makes sure that money sent to State Bank Of India in Jail Road Hari Nagar reaches the right place, even though there are thousands of branches in Delhi and across India.

Format of the IFSC Code SBIN0015986

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 Jail Road Hari Nagar in New Delhi.

For example, the IFSC Code SBIN0015986 of State Bank Of India for the Jail Road Hari Nagar 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?

To find the IFSC Code SBIN0015986 of State Bank Of India for its Jail Road Hari Nagar branch located in New Delhi, the following methods can help you out:

Cheque Book

The cheque book issued by State Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.

Passbook

Most banks, including State Bank Of India branches in New Delhi and Delhi, 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 go to the branch locator section. Then search for Jail Road Hari Nagar or New Delhi to find the exact IFSC Code SBIN0015986.

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 maintains an updated database of all IFSC codes. Searching for State Bank Of India and New Delhi will provide accurate information.

How to Use IFSC Code SBIN0015986 for Online Transfers?

Once you have the IFSC Code SBIN0015986 for the Jail Road Hari Nagar 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 SBIN0015986. 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 SBIN0015986.

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 Jail Road Hari Nagar in New Delhi, it can result in delayed or failed transactions.

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 Jail Road Hari Nagar, 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 Jail Road Hari Nagar, New Delhi?

The IFSC Code is SBIN0015986.

Is the IFSC Code SBIN0015986 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 Jail Road Hari Nagar?

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 Jail Road Hari Nagar branch?

The address of the branch is Al 6, L Block, Jail Road, Hari Nagar,New Delhi110064 located in New Delhi, Delhi, 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.

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