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IFSC Code of State Bank Of India, Collectorate Waidhan, Waidhan, Madhya Pradesh — SBIN0017725

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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of State Bank Of India for its Collectorate Waidhan branch in Sidhi, Waidhan, or Madhya Pradesh, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of State Bank Of India located in Sidhi or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code SBIN0017725. 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, Collectorate Waidhan, Sidhi

Here are the main details that are associated with the IFSC Code SBIN0017725 of State Bank Of India for its branch located in Sidhi, within the district of Waidhan in the state of Madhya Pradesh.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0017725
Branch Collectorate Waidhan
City Sidhi
District Waidhan
State Madhya Pradesh
Address New Collectorate Waidhan Campus, Majanmodh, Dist. Singrouli, Madhya Pradesh-486886

These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in Sidhi for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0017725 for the Collectorate Waidhan 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 Collectorate Waidhan, Sidhi, Madhya Pradesh, are given a unique IFSC like SBIN0017725 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Sidhi.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents any kind of confusion between different branches of the same bank in places like Sidhi and Waidhan.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to State Bank Of India in Collectorate Waidhan goes to the correct branch. This is important because State Bank Of India has thousands of branches in Madhya Pradesh and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code SBIN0017725

The format of the IFSC Code for banks, including State Bank Of India, has 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 Collectorate Waidhan in Sidhi.

For example, the IFSC Code SBIN0017725 of State Bank Of India for the Collectorate Waidhan branch includes these elements, identifying the bank and the branch location in Sidhi and Madhya Pradesh correctly.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0017725 of State Bank Of India for its Collectorate Waidhan branch located in Sidhi, 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 Sidhi and Waidhan, 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 Collectorate Waidhan or Sidhi to get the exact IFSC Code SBIN0017725.

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 Sidhi that will provide accurate information.

How to Use IFSC Code SBIN0017725 for Online Transfers?

If you have the IFSC Code SBIN0017725 for the Collectorate Waidhan branch of State Bank Of India in Sidhi, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0017725. 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 SBIN0017725.

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 Collectorate Waidhan in Sidhi, it may 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 Collectorate Waidhan, 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 Sidhi manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India Collectorate Waidhan Sidhi?

The IFSC Code of the Collectorate Waidhan Sidhi branch is SBIN0017725.

Is IFSC Code SBIN0017725 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the State Bank Of India Collectorate Waidhan branch?

The branch is located at New Collectorate Waidhan Campus, Majanmodh, Dist. Singrouli, Madhya Pradesh-486886.

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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