IFSC Code of State Bank Of India, Racpc, Shivamogga, Shivamogga, Karnataka — SBIN0061161

For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of State Bank Of India for its Racpc, Shivamogga branch in Shivamogga, Shivamogga, Karnataka, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of State Bank Of India located in Shivamogga or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code SBIN0061161. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for State Bank Of India, Racpc, Shivamogga, Shivamogga

The table below shows the main details of the IFSC Code SBIN0061161 for the State Bank Of India branch in Shivamogga, which falls under the Shivamogga district in Karnataka.

These details are crucial, not just for online banking users but also for businesses and individuals who use State Bank Of India in Shivamogga for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0061161 for the Racpc, Shivamogga 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including State Bank Of India located in Racpc, Shivamogga, Shivamogga, Karnataka, is provided a unique IFSC like SBIN0061161 so that their online payments reach the right place.

The IFSC Code is important because:

• It uniquely recognizes the State Bank Of India branch in Shivamogga.
• Helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It avoids any confusions between multiple branches of the same bank across different places like Shivamogga and Shivamogga.
• It reduces most of the errors in fund transfers and makes sure its accuracy.
• It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Karnataka and the rest of India, the IFSC Code ensures that transactions meant for State Bank Of India in Racpc, Shivamogga do not get misguided to another person.

Format of the IFSC Code SBIN0061161

This is the format of the IFSC Code for banks, including State Bank Of India, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

• First 4 characters (AAAA): This is the bank code. For State Bank Of India, these characters are the bank's short identifier.
• 5th character (0): This stays zero till there is any future use.
• Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Racpc, Shivamogga in Shivamogga.

For example, the IFSC Code SBIN0061161 of State Bank Of India for the Racpc, Shivamogga branch includes these elements, identifying the bank and the branch location in Shivamogga and Karnataka accurately.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0061161 of State Bank Of India for its Racpc, Shivamogga branch located in Shivamogga, 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 Shivamogga and Shivamogga, 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 Racpc, Shivamogga or Shivamogga to get the exact IFSC Code SBIN0061161.

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 Shivamogga, you'll get the correct details.

How to Use IFSC Code SBIN0061161 for Online Transfers?

Once you have the IFSC Code SBIN0061161 for the Racpc, Shivamogga branch of State Bank Of India in Shivamogga, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SBIN0061161. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 SBIN0061161.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the State Bank Of India Racpc, Shivamogga in Shivamogga, your payment can get delayed or might not go through at all.

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 Racpc, Shivamogga, 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 Shivamogga manage online transfers as well as cheque clearances with ease.