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 Sector-4, Hiran Magri branch in New Delhi, Hiranmagri, 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 SBIN0011406. 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, Sector-4, Hiran Magri, New Delhi
The table below shows the main details of the IFSC Code SBIN0011406 for the State Bank Of India branch in New Delhi, which falls under the Hiranmagri district in Rajasthan.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0011406 |
| Branch | Sector-4, Hiran Magri |
| City | New Delhi |
| District | Hiranmagri |
| State | Rajasthan |
| Address | Girwa Talukudaipur Distrajasthan 313002 |
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 SBIN0011406 for the Sector-4, Hiran Magri 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 Sector-4, Hiran Magri, New Delhi, Rajasthan, is provided a unique IFSC like SBIN0011406 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 Hiranmagri.
- 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 Sector-4, Hiran Magri do not get misguided to another person.
Format of the IFSC Code SBIN0011406
The format of the IFSC Code for banks, including State Bank Of India, has an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For State Bank Of India, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Sector-4, Hiran Magri in New Delhi.
For example, the IFSC Code SBIN0011406 of State Bank Of India for the Sector-4, Hiran Magri branch includes these elements, identifying the bank and the branch location in New Delhi and Rajasthan correctly.
How to Find IFSC Code for State Bank Of India?
If you are trying to find the IFSC Code SBIN0011406 of State Bank Of India for its Sector-4, Hiran Magri 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 Hiranmagri, 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-4, Hiran Magri or New Delhi to get the exact IFSC Code SBIN0011406.
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 SBIN0011406 for Online Transfers?
Once you have the IFSC Code SBIN0011406 for the Sector-4, Hiran Magri 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 SBIN0011406. 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 SBIN0011406.
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 Sector-4, Hiran Magri 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 Sector-4, Hiran Magri, 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 SBIN0011406.
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 Girwa Talukudaipur Distrajasthan 313002 located in New Delhi, Hiranmagri, Rajasthan.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.