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IFSC Code of State Bank Of India, Nasirabad, Rae Bareli, Uttar Pradesh — SBIN0018417

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 Nasirabad branch in Rai Bareli, Rae Bareli, or Uttar Pradesh, 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 Rai Bareli or anywhere in Uttar Pradesh can transfer funds instantly by using the correct IFSC Code SBIN0018417. 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, Nasirabad, Rai Bareli

Here are some of the key details that come with the IFSC Code SBIN0018417 of State Bank Of India for its branch located in Rai Bareli, within the district of Rae Bareli in the state of Uttar Pradesh.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0018417
Branch Nasirabad
City Rai Bareli
District Rae Bareli
State Uttar Pradesh
Address Mau Road, Naseerabad, Raebareli, Dist.Raebareli, Uttar Pradesh-229307

These details helps users in online banking and for businesses and individuals who use State Bank Of India in Rai Bareli for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0018417 for the Nasirabad branch of State Bank Of India plays a vital 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 Nasirabad, Rai Bareli, Uttar Pradesh, are allotted a unique IFSC like SBIN0018417 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Rai Bareli.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Rai Bareli and Rae Bareli.
  • 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 Nasirabad reaches the right place, even though there are thousands of branches in Uttar Pradesh and across India.

Format of the IFSC Code SBIN0018417

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 Nasirabad in Rai Bareli.

For example, the IFSC Code SBIN0018417 of State Bank Of India for the Nasirabad branch includes these elements, identifying the bank and the branch location in Rai Bareli and Uttar Pradesh correctly.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0018417 of State Bank Of India for its Nasirabad branch located in Rai Bareli, 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

Most banks, including State Bank Of India branches in Rai Bareli and Rae Bareli, print the IFSC and MICR codes 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 Nasirabad or Rai Bareli to get the exact IFSC Code SBIN0018417.

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 Rai Bareli, you'll get the correct details.

How to Use IFSC Code SBIN0018417 for Online Transfers?

Once you have the IFSC Code SBIN0018417 for the Nasirabad branch of State Bank Of India in Rai Bareli, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SBIN0018417. The transfer is completed in batches instead of instantly. It is useful for both 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 SBIN0018417.

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 Nasirabad in Rai Bareli, 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 Nasirabad, 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 Rai Bareli 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 Nasirabad Rai Bareli?

The IFSC Code of the Nasirabad Rai Bareli branch is SBIN0018417.

Is IFSC Code SBIN0018417 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 Nasirabad branch?

The branch is located at Mau Road, Naseerabad, Raebareli, Dist.Raebareli, Uttar Pradesh-229307.

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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