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 Ganderbal branch in Srinagar, Gander Bal, 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 SBIN0002344. 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, Ganderbal, Srinagar
The table below shows the main details of the IFSC Code SBIN0002344 for the State Bank Of India branch in Srinagar, which falls under the Gander Bal district in Jammu And Kashmir.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0002344 |
| Branch | Ganderbal |
| City | Srinagar |
| District | Gander Bal |
| State | Jammu And Kashmir |
| Address | Srinagar Jammu And Kashmir 191201 |
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 SBIN0002344 for the Ganderbal 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 Ganderbal, Srinagar, Jammu And Kashmir, are allotted a unique IFSC like SBIN0002344 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Srinagar.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Srinagar and Gander Bal.
- 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 Ganderbal reaches the right place, even though there are thousands of branches in Jammu And Kashmir and across India.
Format of the IFSC Code SBIN0002344
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 Ganderbal in Srinagar.
For example, the IFSC Code SBIN0002344 of State Bank Of India for the Ganderbal branch includes these elements, identifying the bank and the branch location in Srinagar and Jammu And Kashmir correctly.
How to Find IFSC Code for State Bank Of India?
If you are trying to find the IFSC Code SBIN0002344 of State Bank Of India for its Ganderbal 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 Gander Bal, 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 Ganderbal or Srinagar to get the exact IFSC Code SBIN0002344.
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 SBIN0002344 for Online Transfers?
Once you have the IFSC Code SBIN0002344 for the Ganderbal branch of State Bank Of India in Srinagar, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0002344. Transfers are processed in batches. This is 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. Requires the recipient's account details and State Bank Of India IFSC Code SBIN0002344.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for State Bank Of India Ganderbal in Srinagar 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 Ganderbal, 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 Srinagar manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0002344.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Srinagar Jammu And Kashmir 191201 located in Srinagar, Gander Bal, Jammu And Kashmir.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.