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 Karanda Masina branch in Siddharth Nagar, Siddhartha, Uttar Pradesh, 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 Siddharth Nagar or anywhere in Uttar Pradesh can easily transfer funds instantly by using the correct IFSC Code SBIN0009693. 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, Karanda Masina, Siddharth Nagar
Below in the table are the key details related to IFSC Code SBIN0009693 of State Bank Of India for its branch located in Siddharth Nagar, within the district of Siddhartha in the state of Uttar Pradesh.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0009693 |
| Branch | Karanda Masina |
| City | Siddharth Nagar |
| District | Siddhartha |
| State | Uttar Pradesh |
| Address | State Bank Of Indiakarounda Masina Branch |
These details help users in online banking and for businesses and individuals who use State Bank Of India in Siddharth Nagar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0009693 for the Karanda Masina branch of State Bank Of India has a very 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 Karanda Masina, Siddharth Nagar, Uttar Pradesh, is provided a unique IFSC like SBIN0009693 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 Siddharth Nagar.
- 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 Siddharth Nagar and Siddhartha.
- 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 Uttar Pradesh and the rest of India, the IFSC Code ensures that transactions meant for State Bank Of India in Karanda Masina do not get misguided to another person.
Format of the IFSC Code SBIN0009693
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 Karanda Masina in Siddharth Nagar.
For example, the IFSC Code SBIN0009693 of State Bank Of India for the Karanda Masina branch has these elements, identifying the bank and the branch location in Siddharth Nagar and Uttar Pradesh correctly.
How to Find IFSC Code for State Bank Of India?
If you are trying to find the IFSC Code SBIN0009693 of State Bank Of India for its Karanda Masina branch located in Siddharth Nagar, the following methods can help:
Cheque Book
The cheque books that are issued by State Bank Of India include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including State Bank Of India branches in Siddharth Nagar and Siddhartha, 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 find the branch locator section. Search for Karanda Masina or Siddharth Nagar to get the exact IFSC Code SBIN0009693.
Mobile Banking App
If you use State Bank Of India's mobile app, you can easily 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 to help you in searching for State Bank Of India and Siddharth Nagar that will provide accurate information.
How to Use IFSC Code SBIN0009693 for Online Transfers?
If you have the IFSC Code SBIN0009693 for the Karanda Masina branch of State Bank Of India in Siddharth Nagar, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0009693. 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 SBIN0009693.
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 Karanda Masina in Siddharth Nagar, 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 Karanda Masina, 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 Siddharth Nagar manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0009693.
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 State Bank Of Indiakarounda Masina Branch located in Siddharth Nagar, Siddhartha, Uttar Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.