There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of State Bank Of India for its Cac Ranebennur branch in Ranebennur, Ranebennur, Karnataka, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of State Bank Of India situated in Ranebennur or anywhere in Karnataka can easily transfer funds instantly by using the correct IFSC Code SBIN0061838. You should 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, Cac Ranebennur, Ranebennur
The table below shows the main details of the IFSC Code SBIN0061838 for the State Bank Of India branch in Ranebennur, which falls under the Ranebennur district in Karnataka.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0061838 |
| Branch | Cac Ranebennur |
| City | Ranebennur |
| District | Ranebennur |
| State | Karnataka |
| Address | Ballari Building,Station Road,Ranebennur,Haveri Dt 581115 |
These details are crucial, not just for online banking users but also for businesses and individuals who use State Bank Of India in Ranebennur for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0061838 for the Cac Ranebennur branch of State Bank Of India has an 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, including State Bank Of India located in Cac Ranebennur, Ranebennur, Karnataka, is provided with a unique IFSC like SBIN0061838 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the State Bank Of India branch in Ranebennur.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Ranebennur and Ranebennur.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Karnataka and the rest of India and the IFSC Code ensures that transactions meant for State Bank Of India in Cac Ranebennur do not get mixed with another location.
Format of the IFSC Code SBIN0061838
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 Cac Ranebennur in Ranebennur.
For example, the IFSC Code SBIN0061838 of State Bank Of India for the Cac Ranebennur branch includes these elements, identifying the bank and the branch location in Ranebennur and Karnataka accurately.
How to Find IFSC Code for State Bank Of India?
To find the IFSC Code SBIN0061838 of State Bank Of India for its Cac Ranebennur branch located in Ranebennur, 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 Ranebennur and Ranebennur, 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 Cac Ranebennur or Ranebennur to find the exact IFSC Code SBIN0061838.
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 Ranebennur will provide accurate information.
How to Use IFSC Code SBIN0061838 for Online Transfers?
Once you have the IFSC Code SBIN0061838 for the Cac Ranebennur branch of State Bank Of India in Ranebennur, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0061838. 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 SBIN0061838.
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 Cac Ranebennur in Ranebennur, it can 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 Cac Ranebennur, 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 Ranebennur manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Cac Ranebennur Ranebennur branch is SBIN0061838.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Ballari Building,Station Road,Ranebennur,Haveri Dt 581115.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.