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 Dolapeta branch in Srikakulam, Dolapeta, or Andhra 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 Srikakulam or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code SBIN0014267. 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, Dolapeta, Srikakulam

The table below shows the main details of the IFSC Code SBIN0014267 for the State Bank Of India branch in Srikakulam, which falls under the Dolapeta district in Andhra Pradesh.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0014267
Branch Dolapeta
City Srikakulam
District Dolapeta
State Andhra Pradesh
Address Ponugutivalasa,Dolapeta,Rajam,Santha Kaviti Mandalam,Ap 532127

These details helps users in online banking and for businesses and individuals who use State Bank Of India in Srikakulam for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0014267 for the Dolapeta 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 provided by the Reserve Bank of India. Every bank branch, along with State Bank Of India located in Dolapeta, Srikakulam, Andhra Pradesh, are given a unique IFSC like SBIN0014267 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Srikakulam.
  • 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 Srikakulam and Dolapeta.
  • 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 Dolapeta goes to the correct branch. This is important because State Bank Of India has thousands of branches in Andhra Pradesh and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code SBIN0014267

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

AAAA0CCCCCC

Here's the breakdown of this:

  • First 4 characters (AAAA): Represent the bank code. For State Bank Of India, these characters are the bank's short identifier.
  • 5th character (0): Always zero which is reserved for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Dolapeta in Srikakulam.

For example, the IFSC Code SBIN0014267 of State Bank Of India for the Dolapeta branch includes these elements, identifying the bank and the branch location in Srikakulam and Andhra Pradesh accurately.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0014267 of State Bank Of India for its Dolapeta branch located in Srikakulam, 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 Srikakulam and Dolapeta, 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 Dolapeta or Srikakulam to get the exact IFSC Code SBIN0014267.

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 Srikakulam, you'll get the correct details.

How to Use IFSC Code SBIN0014267 for Online Transfers?

If you have the IFSC Code SBIN0014267 for the Dolapeta branch of State Bank Of India in Srikakulam, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0014267. 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 SBIN0014267.

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 Dolapeta in Srikakulam, 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 Dolapeta, 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 Srikakulam manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India in Dolapeta, Srikakulam?

The IFSC Code is SBIN0014267.

Is the IFSC Code SBIN0014267 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of State Bank Of India Dolapeta?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Dolapeta branch?

The address of the branch is Ponugutivalasa,Dolapeta,Rajam,Santha Kaviti Mandalam,Ap 532127 located in Srikakulam, Dolapeta, Andhra Pradesh.

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.