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 Bhaktinagar, Rajkot branch in Rajkot, Rajkot, or Gujarat, 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 Rajkot or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code SBIN0001851. 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, Bhaktinagar, Rajkot, Rajkot
The table below shows the main details of the IFSC Code SBIN0001851 for the State Bank Of India branch in Rajkot, which falls under the Rajkot district in Gujarat.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0001851 |
| Branch | Bhaktinagar, Rajkot |
| City | Rajkot |
| District | Rajkot |
| State | Gujarat |
| Address | Gondal Road,Rajkot,Rajkot Distrajkot,360002 |
These details are important not only for users using online banking but also for businesses and individuals who use State Bank Of India in Rajkot for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0001851 for the Bhaktinagar, Rajkot branch of State Bank Of India is vital.
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 SBIN0001851 is given to every bank branch, including State Bank Of India located in Bhaktinagar, Rajkot, Rajkot, Gujarat, 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 Rajkot.
- 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 Rajkot and Rajkot.
- 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 Gujarat and the rest of India, which is why the IFSC Code ensures that transactions meant for State Bank Of India in Bhaktinagar, Rajkot doesn't end up at another location.
Format of the IFSC Code SBIN0001851
The format of the IFSC Code for banks, including State Bank Of India, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For State Bank Of India, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Bhaktinagar, Rajkot in Rajkot.
For example, the IFSC Code SBIN0001851 of State Bank Of India for the Bhaktinagar, Rajkot branch includes these elements, identifying the bank and the branch location in Rajkot and Gujarat accurately.
How to Find IFSC Code for State Bank Of India?
To find the IFSC Code SBIN0001851 of State Bank Of India for its Bhaktinagar, Rajkot branch located in Rajkot, the following methods can help you out:
Cheque Book
The cheque book issued by State Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including State Bank Of India branches in Rajkot and Rajkot, 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 go to the branch locator section. Then search for Bhaktinagar, Rajkot or Rajkot to find the exact IFSC Code SBIN0001851.
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 maintains an updated database of all IFSC codes. Searching for State Bank Of India and Rajkot will provide accurate information.
How to Use IFSC Code SBIN0001851 for Online Transfers?
Once you have the IFSC Code SBIN0001851 for the Bhaktinagar, Rajkot branch of State Bank Of India in Rajkot, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0001851. 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 SBIN0001851.
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 Bhaktinagar, Rajkot in Rajkot, it can result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of State Bank Of India in Bhaktinagar, Rajkot, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official State Bank Of India website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Rajkot manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0001851.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Gondal Road,Rajkot,Rajkot Distrajkot,360002 located in Rajkot, Rajkot, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.