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 Alandi (Devachi ) branch in Pune, Alandi, or Maharashtra, 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 Pune or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code SBIN0007161. 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, Alandi (Devachi ), Pune

Here are some of the key details that come with the IFSC Code SBIN0007161 of State Bank Of India for its branch located in Pune, within the district of Alandi in the state of Maharashtra.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0007161
Branch Alandi (Devachi )
City Pune
District Alandi
State Maharashtra
Address Dist Pune,Maharashtra 412105

These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in Pune for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0007161 for the Alandi (Devachi ) branch of State Bank Of India plays an 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 Alandi (Devachi ), Pune, Maharashtra, are allotted a unique IFSC like SBIN0007161 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Pune.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Pune and Alandi.
  • 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 Alandi (Devachi ) reaches the right place, even though there are thousands of branches in Maharashtra and across India.

Format of the IFSC Code SBIN0007161

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 Alandi (Devachi ) in Pune.

For example, the IFSC Code SBIN0007161 of State Bank Of India for the Alandi (Devachi ) branch includes these elements, identifying the bank and the branch location in Pune and Maharashtra correctly.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0007161 of State Bank Of India for its Alandi (Devachi ) branch located in Pune, the following methods can help:

Cheque Book

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

Passbook

You can easily find the IFSC and MICR codes because most banks, including State Bank Of India branches in Pune and Alandi, print them on the first page of your passbook.

Bank Website

Visit the official website of State Bank Of India and navigate to the branch locator section. Search for Alandi (Devachi ) or Pune to get the exact IFSC Code SBIN0007161.

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 keeps an updated list of all IFSC codes. If you search for State Bank Of India and Pune, you'll get the correct details.

How to Use IFSC Code SBIN0007161 for Online Transfers?

Once you have the IFSC Code SBIN0007161 for the Alandi (Devachi ) branch of State Bank Of India in Pune, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SBIN0007161. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 SBIN0007161.

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 Alandi (Devachi ) in Pune, your payment can get delayed or might not go through at all.

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 Alandi (Devachi ), 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 Pune manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India Alandi (Devachi ) Pune?

The IFSC Code of the Alandi (Devachi ) Pune branch is SBIN0007161.

Is IFSC Code SBIN0007161 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the State Bank Of India Alandi (Devachi ) branch?

The branch is located at Dist Pune,Maharashtra 412105.

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.