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 Kompally branch in Rangareddy, Quthbullapur, Telangana, 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 Rangareddy or anywhere in Telangana can transfer funds instantly by using the correct IFSC Code SBIN0022110. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for State Bank Of India, Kompally, Rangareddy

Below in the table are the key details related to IFSC Code SBIN0022110 of State Bank Of India for its branch located in Rangareddy, within the district of Quthbullapur in the state of Telangana.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0022110
Branch Kompally
City Rangareddy
District Quthbullapur
State Telangana
Address Yo6Bmainroadkompally

These details are crucial, not just for online banking users but also for businesses and individuals who use State Bank Of India in Rangareddy for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0022110 for the Kompally 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 Kompally, Rangareddy, Telangana, are allotted a unique IFSC like SBIN0022110 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

Format of the IFSC Code SBIN0022110

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): These represent the bank code. In State Bank Of India, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Kompally in Rangareddy.

For example, the IFSC Code SBIN0022110 of State Bank Of India for the Kompally branch has these elements, identifying the bank and the branch location in Rangareddy and Telangana correctly.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0022110 of State Bank Of India for its Kompally branch located in Rangareddy, the following methods can help:

Cheque Book

The cheque book issued by State Bank Of India includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

You can easily find the IFSC and MICR codes because most banks, including State Bank Of India branches in Rangareddy and Quthbullapur, print them on the first page of your passbook.

Bank Website

Visit the official website of State Bank Of India and navigate to the branch locator section. Search for Kompally or Rangareddy to get the exact IFSC Code SBIN0022110.

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 keeps an updated list of all IFSC codes. If you search for State Bank Of India and Rangareddy, you'll get the correct details.

How to Use IFSC Code SBIN0022110 for Online Transfers?

If you have the IFSC Code SBIN0022110 for the Kompally branch of State Bank Of India in Rangareddy, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0022110. 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 SBIN0022110.

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 Kompally in Rangareddy, it 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 Kompally, 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 Rangareddy manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India in Kompally, Rangareddy?

The IFSC Code is SBIN0022110.

Is the IFSC Code SBIN0022110 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

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

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

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Kompally branch?

The address of the branch is Yo6Bmainroadkompally located in Rangareddy, Quthbullapur, Telangana.

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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