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 Goverdhan Villas Udaipur branch in Udaipur, Udaipur, Rajasthan, 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 Udaipur or anywhere in Rajasthan can transfer funds instantly by using the correct IFSC Code SBIN0016178. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for State Bank Of India, Goverdhan Villas Udaipur, Udaipur
Here are the key points that are associated with the IFSC Code SBIN0016178 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 | SBIN0016178 |
| Branch | Goverdhan Villas Udaipur |
| City | Udaipur |
| District | Udaipur |
| State | Rajasthan |
| Address | 3/9, H.B.Colony,Main Road, Goverdhan Villas, Dist. Udaipur, Rajasthan 311002 |
These details are crucial, not just for online banking users but also for businesses and individuals who use State Bank Of India in Udaipur for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0016178 for the Goverdhan Villas Udaipur branch of State Bank Of India has 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 Goverdhan Villas Udaipur, Udaipur, Rajasthan, are allotted a unique IFSC like SBIN0016178 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 Goverdhan Villas Udaipur reaches the right place, even though there are thousands of branches in Rajasthan and across India.
Format of the IFSC Code SBIN0016178
This is the format of the IFSC Code for banks, including State Bank Of India, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For State Bank Of India, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Goverdhan Villas Udaipur in Udaipur.
For example, the IFSC Code SBIN0016178 of State Bank Of India for the Goverdhan Villas 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 trying to find the IFSC Code SBIN0016178 of State Bank Of India for its Goverdhan Villas Udaipur branch located in Udaipur, 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 Udaipur 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 Goverdhan Villas Udaipur or Udaipur to get the exact IFSC Code SBIN0016178.
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 Udaipur, you'll get the correct details.
How to Use IFSC Code SBIN0016178 for Online Transfers?
Once you have the IFSC Code SBIN0016178 for the Goverdhan Villas Udaipur branch of State Bank Of India in Udaipur, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SBIN0016178. 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 SBIN0016178.
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 Goverdhan Villas Udaipur in Udaipur, your payment can get delayed or might not go through at all.
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 Goverdhan Villas 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 is SBIN0016178.
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 3/9, H.B.Colony,Main Road, Goverdhan Villas, Dist. Udaipur, Rajasthan 311002 located in Udaipur, Udaipur, Rajasthan.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.