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IFSC Code of State Bank Of India, Stressed Assets Resolution Centre, Nagpur, Nagpur, Maharashtra — SBIN0010152

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 Stressed Assets Resolution Centre, Nagpur branch in Pune, Nagpur, 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 SBIN0010152. 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, Stressed Assets Resolution Centre, Nagpur, Pune

The table below shows the main details of the IFSC Code SBIN0010152 for the State Bank Of India branch in Pune, which falls under the Nagpur district in Maharashtra.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0010152
Branch Stressed Assets Resolution Centre, Nagpur
City Pune
District Nagpur
State Maharashtra
Address Distnagpur State Maharashtra

These details help users in online banking and for businesses and individuals who use State Bank Of India in Pune for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0010152 for the Stressed Assets Resolution Centre, Nagpur 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 Stressed Assets Resolution Centre, Nagpur, Pune, Maharashtra, are given a unique IFSC like SBIN0010152 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 any kind of confusion between different branches of the same bank in places like Pune and Nagpur.
  • 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 Stressed Assets Resolution Centre, Nagpur goes to the correct branch. This is important because State Bank Of India has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code SBIN0010152

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 Stressed Assets Resolution Centre, Nagpur in Pune.

For example, the IFSC Code SBIN0010152 of State Bank Of India for the Stressed Assets Resolution Centre, Nagpur branch includes these elements, identifying the bank and the branch location in Pune and Maharashtra accurately.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0010152 of State Bank Of India for its Stressed Assets Resolution Centre, Nagpur branch located in Pune, 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 Pune and Nagpur, 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 Stressed Assets Resolution Centre, Nagpur or Pune to get the exact IFSC Code SBIN0010152.

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 Pune that will provide accurate information.

How to Use IFSC Code SBIN0010152 for Online Transfers?

Once you have the IFSC Code SBIN0010152 for the Stressed Assets Resolution Centre, Nagpur branch of State Bank Of India in Pune, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0010152. 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 SBIN0010152.

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 Stressed Assets Resolution Centre, Nagpur in Pune 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 Stressed Assets Resolution Centre, Nagpur, 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 Pune to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India in Stressed Assets Resolution Centre, Nagpur, Pune?

The IFSC Code is SBIN0010152.

Is the IFSC Code SBIN0010152 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 Stressed Assets Resolution Centre, Nagpur?

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 Stressed Assets Resolution Centre, Nagpur branch?

The address of the branch is Distnagpur State Maharashtra located in Pune, Nagpur, Maharashtra.

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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