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 Boduppal branch in Ranga Reddy, Rangareddy, or Andhra 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 Ranga Reddy or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code SBIN0012665. 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, Boduppal, Ranga Reddy
Here are the main details that are associated with the IFSC Code SBIN0012665 of State Bank Of India for its branch located in Ranga Reddy, within the district of Rangareddy in the state of Andhra Pradesh.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0012665 |
| Branch | Boduppal |
| City | Ranga Reddy |
| District | Rangareddy |
| State | Andhra Pradesh |
| Address | Plot No 4 And 3,Mallikarjuna Nagar,Main Road Boduppal,Hyderabad |
These details helps users in online banking and for businesses and individuals who use State Bank Of India in Ranga Reddy for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0012665 for the Boduppal 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, including State Bank Of India located in Boduppal, Ranga Reddy, Andhra Pradesh, is provided with a unique IFSC like SBIN0012665 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 Ranga Reddy.
- 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 Ranga Reddy and Rangareddy.
- 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 Andhra Pradesh and the rest of India and the IFSC Code ensures that transactions meant for State Bank Of India in Boduppal do not get mixed with another location.
Format of the IFSC Code SBIN0012665
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 Boduppal in Ranga Reddy.
For example, the IFSC Code SBIN0012665 of State Bank Of India for the Boduppal branch includes these elements, identifying the bank and the branch location in Ranga Reddy and Andhra Pradesh accurately.
How to Find IFSC Code for State Bank Of India?
To find the IFSC Code SBIN0012665 of State Bank Of India for its Boduppal branch located in Ranga Reddy, 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 Ranga Reddy and Rangareddy, 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 Boduppal or Ranga Reddy to find the exact IFSC Code SBIN0012665.
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 Ranga Reddy will provide accurate information.
How to Use IFSC Code SBIN0012665 for Online Transfers?
If you have the IFSC Code SBIN0012665 for the Boduppal branch of State Bank Of India in Ranga Reddy, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0012665. Transfers are processed in batches. Suitable for 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. Asks for the recipient's account details and State Bank Of India IFSC Code SBIN0012665.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for State Bank Of India Boduppal in Ranga Reddy, it may 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 Boduppal, 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 Ranga Reddy manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0012665.
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 Plot No 4 And 3,Mallikarjuna Nagar,Main Road Boduppal,Hyderabad located in Ranga Reddy, Rangareddy, Andhra Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.