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 Rims Raichur 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 SBIN0021191. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for State Bank Of India, Rims Raichur, Raichur

Below in the table are the key details related to IFSC Code SBIN0021191 of State Bank Of India for its branch located in Raichur, within the district of Raichur in the state of Karnataka.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0021191
Branch Rims Raichur
City Raichur
District Raichur
State Karnataka
Address Acunsttuteofmedcalscencecollegebancmscampusacu

These details help users in online banking and for businesses and individuals who use State Bank Of India in Raichur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0021191 for the Rims Raichur 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 Rims Raichur, Raichur, Karnataka, are allotted a unique IFSC like SBIN0021191 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

Format of the IFSC Code SBIN0021191

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): 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 Rims Raichur in Raichur.

For example, the IFSC Code SBIN0021191 of State Bank Of India for the Rims Raichur branch includes these elements, identifying the bank and the branch location in Raichur and Karnataka accurately.

How to Find IFSC Code for State Bank Of India?

If you are looking for the IFSC Code SBIN0021191 of State Bank Of India for its Rims Raichur branch located in Raichur, the following methods can help:

Cheque Book

The cheque book that is issued by State Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

Most of the banks, including State Bank Of India branches in Raichur and Raichur, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

You can visit the official website of State Bank Of India and look for the branch locator section, then search for Rims Raichur or Raichur to get the exact IFSC Code SBIN0021191.

Mobile Banking App

If you use State Bank Of India's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for State Bank Of India and Raichur, then it will provide you proper information.

How to Use IFSC Code SBIN0021191 for Online Transfers?

Once you have the IFSC Code SBIN0021191 for the Rims Raichur branch of State Bank Of India in Raichur, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SBIN0021191. 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 SBIN0021191.

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 Rims Raichur in Raichur, 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 Rims Raichur, 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 Raichur manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India in Rims Raichur, Raichur?

The IFSC Code is SBIN0021191.

Is the IFSC Code SBIN0021191 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of State Bank Of India Rims Raichur?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Rims Raichur branch?

The address of the branch is Acunsttuteofmedcalscencecollegebancmscampusacu located in Raichur, Raichur, Karnataka.

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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