IFSC Code of State Bank Of India, Mantralayam Roadraichur, Raichur, Karnataka- SBIN0021669

The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of State Bank Of India for its Mantralayam Roadraichur branch in Raichur, Raichur, Karnataka, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of State Bank Of India located in Raichur or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code SBIN0021669. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for State Bank Of India, Mantralayam Roadraichur, Raichur

The table below shows the main details of the IFSC Code SBIN0021669 for the State Bank Of India branch in Raichur, which falls under the Raichur district in Karnataka.

These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in Raichur for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0021669 for the Mantralayam Roadraichur 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 that is provided by the Reserve Bank of India. A unique IFSC like SBIN0021669 is given to every bank branch, including State Bank Of India located in Mantralayam Roadraichur, Raichur, Karnataka, to make sure that online payments reach the right place.

The IFSC Code is important because:

• It uniquely identifies the State Bank Of India branch in Raichur.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It avoids any kind of confusion between multiple branches of the same bank across different places like Raichur and Raichur.
• It removes errors in fund transfers and improves accuracy.
• It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Karnataka and the rest of India, which is why the IFSC Code ensures that transactions meant for State Bank Of India in Mantralayam Roadraichur doesn't end up at another location.

Format of the IFSC Code SBIN0021669

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 Mantralayam Roadraichur in Raichur.

For example, the IFSC Code SBIN0021669 of State Bank Of India for the Mantralayam Roadraichur branch has these elements, identifying the bank and the branch location in Raichur and Karnataka correctly.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0021669 of State Bank Of India for its Mantralayam Roadraichur branch located in Raichur, 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 Raichur and Raichur, 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 Mantralayam Roadraichur or Raichur to get the exact IFSC Code SBIN0021669.

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 Raichur, you'll get the correct details.

How to Use IFSC Code SBIN0021669 for Online Transfers?

Once you have the IFSC Code SBIN0021669 for the Mantralayam Roadraichur branch of State Bank Of India in Raichur, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0021669. 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 SBIN0021669.

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 Mantralayam Roadraichur in Raichur, it can result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of State Bank Of India in Mantralayam Roadraichur, here are some of the ways 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.

Knowing both IFSC and MICR code can help account holders in Raichur manage their online transfers and cheque clearances easily.