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 Chitrakoot Nagar, Udaipur branch in Udaipur, Udaipur, or Rajasthan, 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 Udaipur or anywhere in Rajasthan can transfer funds instantly by using the correct IFSC Code SBIN0061295. 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, Chitrakoot Nagar, Udaipur, Udaipur
Here are some of the key details that come with the IFSC Code SBIN0061295 of State Bank Of India for its branch located in Udaipur, within the district of Udaipur in the state of Rajasthan.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0061295 |
| Branch | Chitrakoot Nagar, Udaipur |
| City | Udaipur |
| District | Udaipur |
| State | Rajasthan |
| Address | Plot No. 05, Block No.-A, Chitrakoot Nagar, Udaipur (Raj.) Pin - 313001 |
These details are important not only for users using online banking but also for businesses and individuals who use State Bank Of India in Udaipur for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0061295 for the Chitrakoot Nagar, Udaipur branch of State Bank Of India is vital.
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 Chitrakoot Nagar, Udaipur, Udaipur, Rajasthan, are allotted a unique IFSC like SBIN0061295 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Udaipur.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Udaipur and Udaipur.
- 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 Chitrakoot Nagar, Udaipur reaches the right place, even though there are thousands of branches in Rajasthan and across India.
Format of the IFSC Code SBIN0061295
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 Chitrakoot Nagar, Udaipur in Udaipur.
For example, the IFSC Code SBIN0061295 of State Bank Of India for the Chitrakoot Nagar, Udaipur branch includes these elements, identifying the bank and the branch location in Udaipur and Rajasthan accurately.
How to Find IFSC Code for State Bank Of India?
If you are looking for the IFSC Code SBIN0061295 of State Bank Of India for its Chitrakoot Nagar, Udaipur branch located in Udaipur, 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 Udaipur and Udaipur, 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 Chitrakoot Nagar, Udaipur or Udaipur to get the exact IFSC Code SBIN0061295.
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 Udaipur, then it will provide you proper information.
How to Use IFSC Code SBIN0061295 for Online Transfers?
If you have the IFSC Code SBIN0061295 for the Chitrakoot Nagar, Udaipur branch of State Bank Of India in Udaipur, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0061295. 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 SBIN0061295.
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 Chitrakoot Nagar, Udaipur in Udaipur, 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 Chitrakoot Nagar, 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 Udaipur manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Chitrakoot Nagar, Udaipur Udaipur branch is SBIN0061295.
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 Plot No. 05, Block No.-A, Chitrakoot Nagar, Udaipur (Raj.) Pin - 313001.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.