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 Sivaganga Medical College branch in Sivaganga, Sivaganga, Tamil Nadu, 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 Sivaganga or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code SBIN0017712. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for State Bank Of India, Sivaganga Medical College, Sivaganga
Here are the key points that are associated with the IFSC Code SBIN0017712 of State Bank Of India for its branch located in Sivaganga, within the district of Sivaganga in the state of Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0017712 |
| Branch | Sivaganga Medical College |
| City | Sivaganga |
| District | Sivaganga |
| State | Tamil Nadu |
| Address | Sivaganga Medical College Campus Sivaganga Distt Sivaganga.Tamil Nadu630561 |
These details helps users in online banking and for businesses and individuals who use State Bank Of India in Sivaganga for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0017712 for the Sivaganga Medical College branch of State Bank Of India plays a vital role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like SBIN0017712 is given to every bank branch, including State Bank Of India located in Sivaganga Medical College, Sivaganga, Tamil Nadu, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the State Bank Of India branch in Sivaganga.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Sivaganga and Sivaganga.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Tamil Nadu and the rest of India, which is why the IFSC Code ensures that transactions meant for State Bank Of India in Sivaganga Medical College doesn't end up at another location.
Format of the IFSC Code SBIN0017712
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 Sivaganga Medical College in Sivaganga.
For example, the IFSC Code SBIN0017712 of State Bank Of India for the Sivaganga Medical College branch includes these elements, identifying the bank and the branch location in Sivaganga and Tamil Nadu correctly.
How to Find IFSC Code for State Bank Of India?
To find the IFSC Code SBIN0017712 of State Bank Of India for its Sivaganga Medical College branch located in Sivaganga, the following methods can help you out:
Cheque Book
The cheque book issued by State Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including State Bank Of India branches in Sivaganga and Sivaganga, 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 go to the branch locator section. Then search for Sivaganga Medical College or Sivaganga to find the exact IFSC Code SBIN0017712.
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 maintains an updated database of all IFSC codes. Searching for State Bank Of India and Sivaganga will provide accurate information.
How to Use IFSC Code SBIN0017712 for Online Transfers?
Once you have the IFSC Code SBIN0017712 for the Sivaganga Medical College branch of State Bank Of India in Sivaganga, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SBIN0017712. 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 SBIN0017712.
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 Sivaganga Medical College in Sivaganga, your payment can get delayed or might not go through at all.
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 Sivaganga Medical College, 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 Sivaganga manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code of the Sivaganga Medical College Sivaganga branch is SBIN0017712.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Sivaganga Medical College Campus Sivaganga Distt Sivaganga.Tamil Nadu630561.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.