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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of State Bank Of India for its Rasecc Kakinada branch in Ranga Reddy, Rangareddy, Andhra Pradesh, then this guide will give you detailed information.
The banking system has evolved significantly 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 SBIN0005255. 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, Rasecc Kakinada, Ranga Reddy
Below in the table are the key details related to IFSC Code SBIN0005255 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 | SBIN0005255 |
| Branch | Rasecc Kakinada |
| City | Ranga Reddy |
| District | Rangareddy |
| State | Andhra Pradesh |
| Address | Rangareddy State Andhra Pradesh |
These details are crucial, not just for online banking users but also for businesses and individuals who use State Bank Of India in Ranga Reddy for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0005255 for the Rasecc Kakinada 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, along with State Bank Of India located in Rasecc Kakinada, Ranga Reddy, Andhra Pradesh, are allotted a unique IFSC like SBIN0005255 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Ranga Reddy.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Ranga Reddy and Rangareddy.
- 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 Rasecc Kakinada reaches the right place, even though there are thousands of branches in Andhra Pradesh and across India.
Format of the IFSC Code SBIN0005255
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 Rasecc Kakinada in Ranga Reddy.
For example, the IFSC Code SBIN0005255 of State Bank Of India for the Rasecc Kakinada 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 SBIN0005255 of State Bank Of India for its Rasecc Kakinada 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 Rasecc Kakinada or Ranga Reddy to find the exact IFSC Code SBIN0005255.
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 SBIN0005255 for Online Transfers?
Once you have the IFSC Code SBIN0005255 for the Rasecc Kakinada branch of State Bank Of India in Ranga Reddy, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0005255. Transfers are processed in batches. This is 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. Requires the recipient's account details and State Bank Of India IFSC Code SBIN0005255.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for State Bank Of India Rasecc Kakinada in Ranga Reddy may 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 Rasecc Kakinada, 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 Ranga Reddy manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0005255.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Rangareddy State Andhra Pradesh 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.
