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 Cac Siddipet branch in Siddipet, Siddipet, Telangana, 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 Siddipet or anywhere in Telangana can transfer funds instantly by using the correct IFSC Code SBIN0064012. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for State Bank Of India, Cac Siddipet, Siddipet
Here are some of the key details that come with the IFSC Code SBIN0064012 of State Bank Of India for its branch located in Siddipet, within the district of Siddipet in the state of Telangana.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0064012 |
| Branch | Cac Siddipet |
| City | Siddipet |
| District | Siddipet |
| State | Telangana |
| Address | Opp Sub Jail,Moinpura,Siddipet.Dist -Siddipet 502103 |
These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in Siddipet for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0064012 for the Cac Siddipet branch of State Bank Of India plays 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 Cac Siddipet, Siddipet, Telangana, are allotted a unique IFSC like SBIN0064012 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Siddipet.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Siddipet and Siddipet.
- 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 Cac Siddipet reaches the right place, even though there are thousands of branches in Telangana and across India.
Format of the IFSC Code SBIN0064012
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 Cac Siddipet in Siddipet.
For example, the IFSC Code SBIN0064012 of State Bank Of India for the Cac Siddipet branch includes these elements, identifying the bank and the branch location in Siddipet and Telangana accurately.
How to Find IFSC Code for State Bank Of India?
If you are trying to find the IFSC Code SBIN0064012 of State Bank Of India for its Cac Siddipet branch located in Siddipet, 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 Siddipet and Siddipet, 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 Cac Siddipet or Siddipet to get the exact IFSC Code SBIN0064012.
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 Siddipet, you'll get the correct details.
How to Use IFSC Code SBIN0064012 for Online Transfers?
Once you have the IFSC Code SBIN0064012 for the Cac Siddipet branch of State Bank Of India in Siddipet, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0064012. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above βΉ2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24Γ7 transfers. You need the recipient's account details and State Bank Of India IFSC Code SBIN0064012.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for State Bank Of India Cac Siddipet in Siddipet, it can result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of State Bank Of India in Cac Siddipet, here are some ways that 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.
If you know both IFSC and MICR codes, then it can help account holders in Siddipet manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0064012.
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 Opp Sub Jail,Moinpura,Siddipet.Dist -Siddipet 502103 located in Siddipet, Siddipet, Telangana.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.