Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of State Bank Of India for its Sector-11 Rohini, Delhi branch in New Delhi, Delhi, or Delhi, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of State Bank Of India located in New Delhi or anywhere in Delhi can transfer funds instantly by using the correct IFSC Code SBIN0011550. You should definitely 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, Sector-11 Rohini, Delhi, New Delhi
Here are some of the key details that come with the IFSC Code SBIN0011550 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 | SBIN0011550 |
| Branch | Sector-11 Rohini, Delhi |
| City | New Delhi |
| District | Delhi |
| State | Delhi |
| Address | Sector 11,Rohini,Pascon Building,Garg Trade Centre,Delhi110085 |
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 SBIN0011550 for the Sector-11 Rohini, 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with State Bank Of India located in Sector-11 Rohini, Delhi, New Delhi, Delhi, are given a unique IFSC like SBIN0011550 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 any kind of 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 helps ensure that any money sent to State Bank Of India in Sector-11 Rohini, Delhi goes to the correct branch. This is important because State Bank Of India has thousands of branches in Delhi and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code SBIN0011550
The format of the IFSC Code for banks, including State Bank Of India, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): These represent the bank code. In State Bank Of India, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Sector-11 Rohini, Delhi in New Delhi.
For example, the IFSC Code SBIN0011550 of State Bank Of India for the Sector-11 Rohini, Delhi branch has these elements, identifying the bank and the branch location in New Delhi and Delhi correctly.
How to Find IFSC Code for State Bank Of India?
If you are trying to find the IFSC Code SBIN0011550 of State Bank Of India for its Sector-11 Rohini, Delhi 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 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 find the branch locator section. Search for Sector-11 Rohini, Delhi or New Delhi to get the exact IFSC Code SBIN0011550.
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 SBIN0011550 for Online Transfers?
Once you have the IFSC Code SBIN0011550 for the Sector-11 Rohini, Delhi 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 SBIN0011550. 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 SBIN0011550.
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 Sector-11 Rohini, Delhi 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 Sector-11 Rohini, Delhi, 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.
Frequently Asked Questions (FAQs)
The IFSC Code of the Sector-11 Rohini, Delhi New Delhi branch is SBIN0011550.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Sector 11,Rohini,Pascon Building,Garg Trade Centre,Delhi110085.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.