IFSC Code of State Bank Of India, Chelur, Chelur, Karnataka — SBIN0040174

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 Chelur branch in Tumkur, Chelur, Karnataka, 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 Tumkur or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code SBIN0040174. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for State Bank Of India, Chelur, Tumkur

The table below shows the main details of the IFSC Code SBIN0040174 for the State Bank Of India branch in Tumkur, which falls under the Chelur district in Karnataka.

These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in Tumkur for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0040174 for the Chelur 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including State Bank Of India located in Chelur, Tumkur, Karnataka, is provided a unique IFSC like SBIN0040174 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 Chelur.
• 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 Chelur do not get misguided to another person.

Format of the IFSC Code SBIN0040174

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 Chelur in Tumkur.

For example, the IFSC Code SBIN0040174 of State Bank Of India for the Chelur 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 looking for the IFSC Code SBIN0040174 of State Bank Of India for its Chelur branch located in Tumkur, the following methods can help:

Cheque Book

The cheque book that is issued by State Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

Most of the banks, including State Bank Of India branches in Tumkur and Chelur, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

You can visit the official website of State Bank Of India and look for the branch locator section, then search for Chelur or Tumkur to get the exact IFSC Code SBIN0040174.

Mobile Banking App

If you use State Bank Of India's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for State Bank Of India and Tumkur, then it will provide you proper information.

How to Use IFSC Code SBIN0040174 for Online Transfers?

If you have the IFSC Code SBIN0040174 for the Chelur branch of State Bank Of India in Tumkur, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0040174. 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 SBIN0040174.

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 Chelur in Tumkur, it 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 Chelur, 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 Tumkur manage online transfers as well as cheque clearances with ease.