There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of State Bank Of India for its Bhaktarahalli branch in Tumkur, Bhaktarahally, Karnataka, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of State Bank Of India situated in Tumkur or anywhere in Karnataka can easily transfer funds instantly by using the correct IFSC Code SBIN0040510. You should 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, Bhaktarahalli, Tumkur
The table below shows the main details of the IFSC Code SBIN0040510 for the State Bank Of India branch in Tumkur, which falls under the Bhaktarahally district in Karnataka.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0040510 |
| Branch | Bhaktarahalli |
| City | Tumkur |
| District | Bhaktarahally |
| State | Karnataka |
| Address | Bhaktarahalli,Tumkur,Karnataka,Bhaktharahalli 572 120 |
These details help users in online banking and for businesses and individuals who use State Bank Of India in Tumkur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0040510 for the Bhaktarahalli branch of State Bank Of India has a very important 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 Bhaktarahalli, Tumkur, Karnataka, is provided a unique IFSC like SBIN0040510 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 Tumkur.
- 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 Tumkur and Bhaktarahally.
- 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 Karnataka and the rest of India, the IFSC Code ensures that transactions meant for State Bank Of India in Bhaktarahalli do not get misguided to another person.
Format of the IFSC Code SBIN0040510
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 Bhaktarahalli in Tumkur.
For example, the IFSC Code SBIN0040510 of State Bank Of India for the Bhaktarahalli branch includes these elements, identifying the bank and the branch location in Tumkur and Karnataka correctly.
How to Find IFSC Code for State Bank Of India?
If you are trying to find the IFSC Code SBIN0040510 of State Bank Of India for its Bhaktarahalli branch located in Tumkur, 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
Most banks, including State Bank Of India branches in Tumkur and Bhaktarahally, print the IFSC and MICR codes 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 Bhaktarahalli or Tumkur to get the exact IFSC Code SBIN0040510.
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 Tumkur, you'll get the correct details.
How to Use IFSC Code SBIN0040510 for Online Transfers?
Once you have the IFSC Code SBIN0040510 for the Bhaktarahalli branch of State Bank Of India in Tumkur, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SBIN0040510. The transfer is completed in batches instead of instantly. It is useful for both 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 SBIN0040510.
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 Bhaktarahalli in Tumkur, 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 Bhaktarahalli, 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 Tumkur manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0040510.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Bhaktarahalli,Tumkur,Karnataka,Bhaktharahalli 572 120 located in Tumkur, Bhaktarahally, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.