The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of State Bank Of India for its Udaipur branch in Surguja, Udaipur, Chhattisgarh, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of State Bank Of India located in Surguja or anywhere in Chhattisgarh can transfer funds instantly by using the correct IFSC Code SBIN0018803. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for State Bank Of India, Udaipur, Surguja
Below in the table are the key details related to IFSC Code SBIN0018803 of State Bank Of India for its branch located in Surguja, within the district of Udaipur in the state of Chhattisgarh.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0018803 |
| Branch | Udaipur |
| City | Surguja |
| District | Udaipur |
| State | Chhattisgarh |
| Address | Bilaspur Road, Distsurguja,Chattisgarh-497116 |
These details helps users in online banking and for businesses and individuals who use State Bank Of India in Surguja for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0018803 for the Udaipur 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including State Bank Of India located in Udaipur, Surguja, Chhattisgarh, is provided a unique IFSC like SBIN0018803 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the State Bank Of India branch in Surguja.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Surguja and Udaipur.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Chhattisgarh and the rest of India, the IFSC Code ensures that transactions meant for State Bank Of India in Udaipur do not get misguided to another person.
Format of the IFSC Code SBIN0018803
The format of the IFSC Code for banks, including State Bank Of India, follows 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 Udaipur in Surguja.
For example, the IFSC Code SBIN0018803 of State Bank Of India for the Udaipur branch includes these elements, identifying the bank and the branch location in Surguja and Chhattisgarh accurately.
How to Find IFSC Code for State Bank Of India?
If you are trying to find the IFSC Code SBIN0018803 of State Bank Of India for its Udaipur branch located in Surguja, 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 Surguja and Udaipur, 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 Udaipur or Surguja to get the exact IFSC Code SBIN0018803.
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 Surguja, you'll get the correct details.
How to Use IFSC Code SBIN0018803 for Online Transfers?
Once you have the IFSC Code SBIN0018803 for the Udaipur branch of State Bank Of India in Surguja, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0018803. 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 SBIN0018803.
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 Udaipur in Surguja 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 Udaipur, 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 Surguja manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0018803.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Bilaspur Road, Distsurguja,Chattisgarh-497116 located in Surguja, Udaipur, Chhattisgarh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.