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 Brein Srinagar branch in Srinagar, Srinagar, or Jammu And Kashmir, 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 Srinagar or anywhere in Jammu And Kashmir can transfer funds instantly by using the correct IFSC Code SBIN0017691. 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, Brein Srinagar, Srinagar
Here are the main details that are associated with the IFSC Code SBIN0017691 of State Bank Of India for its branch located in Srinagar, within the district of Srinagar in the state of Jammu And Kashmir.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0017691 |
| Branch | Brein Srinagar |
| City | Srinagar |
| District | Srinagar |
| State | Jammu And Kashmir |
| Address | Main Road,Brein Nishat,Shrinagar Kashmir,Jammu And Kashmir 191121 |
These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in Srinagar for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0017691 for the Brein Srinagar 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, including State Bank Of India located in Brein Srinagar, Srinagar, Jammu And Kashmir, is provided with a unique IFSC like SBIN0017691 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the State Bank Of India branch in Srinagar.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Srinagar and Srinagar.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Jammu And Kashmir and the rest of India and the IFSC Code ensures that transactions meant for State Bank Of India in Brein Srinagar do not get mixed with another location.
Format of the IFSC Code SBIN0017691
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 Brein Srinagar in Srinagar.
For example, the IFSC Code SBIN0017691 of State Bank Of India for the Brein Srinagar branch includes these elements, identifying the bank and the branch location in Srinagar and Jammu And Kashmir accurately.
How to Find IFSC Code for State Bank Of India?
If you are trying to find the IFSC Code SBIN0017691 of State Bank Of India for its Brein Srinagar branch located in Srinagar, 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 Srinagar and Srinagar, 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 Brein Srinagar or Srinagar to get the exact IFSC Code SBIN0017691.
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 Srinagar, you'll get the correct details.
How to Use IFSC Code SBIN0017691 for Online Transfers?
If you have the IFSC Code SBIN0017691 for the Brein Srinagar branch of State Bank Of India in Srinagar, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0017691. 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 SBIN0017691.
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 Brein Srinagar in Srinagar, it may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of State Bank Of India in Brein Srinagar, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official State Bank Of India website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Srinagar manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Brein Srinagar Srinagar branch is SBIN0017691.
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 Main Road,Brein Nishat,Shrinagar Kashmir,Jammu And Kashmir 191121.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.