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 Jhandewalan Extn, New Delhi branch in New Delhi, Delhi, 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 SBIN0009371. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for State Bank Of India, Jhandewalan Extn, New Delhi, New Delhi
Here are the main details that are associated with the IFSC Code SBIN0009371 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 | SBIN0009371 |
| Branch | Jhandewalan Extn, New Delhi |
| City | New Delhi |
| District | Delhi |
| State | Delhi |
| Address | 6-E, Jhandewalan, Rani Jhansi ,Road New Delhi-110055 |
These details are important not only for users using online banking but also for businesses and individuals who use State Bank Of India in New Delhi for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0009371 for the Jhandewalan Extn, New Delhi branch of State Bank Of India is vital.
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 Jhandewalan Extn, New Delhi, New Delhi, Delhi, is provided a unique IFSC like SBIN0009371 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 Delhi.
- 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 Jhandewalan Extn, New Delhi do not get misguided to another person.
Format of the IFSC Code SBIN0009371
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 Jhandewalan Extn, New Delhi in New Delhi.
For example, the IFSC Code SBIN0009371 of State Bank Of India for the Jhandewalan Extn, New 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 SBIN0009371 of State Bank Of India for its Jhandewalan Extn, New 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 Delhi, 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 Jhandewalan Extn, New Delhi or New Delhi to get the exact IFSC Code SBIN0009371.
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 SBIN0009371 for Online Transfers?
Once you have the IFSC Code SBIN0009371 for the Jhandewalan Extn, New Delhi 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 SBIN0009371. 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 SBIN0009371.
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 Jhandewalan Extn, New Delhi 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 Jhandewalan Extn, New Delhi, 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)
The IFSC Code is SBIN0009371.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is 6-E, Jhandewalan, Rani Jhansi ,Road New Delhi-110055 located in New Delhi, Delhi, Delhi.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.