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 Iim Kashipur branch in Udham Singh Nagar, Kashipur, or Uttarakhand, 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 Udham Singh Nagar or anywhere in Uttarakhand can transfer funds instantly by using the correct IFSC Code SBIN0017263. 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, Iim Kashipur, Udham Singh Nagar
The table below shows the main details of the IFSC Code SBIN0017263 for the State Bank Of India branch in Udham Singh Nagar, which falls under the Kashipur district in Uttarakhand.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0017263 |
| Branch | Iim Kashipur |
| City | Udham Singh Nagar |
| District | Kashipur |
| State | Uttarakhand |
| Address | Bazpur Road,Opp Iim Campus,Kashipur,Distt.Udham Singh Nagar.Uttarakhand 244713 |
These details are crucial, not just for online banking users but also for businesses and individuals who use State Bank Of India in Udham Singh Nagar for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0017263 for the Iim Kashipur 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, including State Bank Of India located in Iim Kashipur, Udham Singh Nagar, Uttarakhand, is provided with a unique IFSC like SBIN0017263 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the State Bank Of India branch in Udham Singh Nagar.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Udham Singh Nagar and Kashipur.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Uttarakhand and the rest of India and the IFSC Code ensures that transactions meant for State Bank Of India in Iim Kashipur do not get mixed with another location.
Format of the IFSC Code SBIN0017263
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 Iim Kashipur in Udham Singh Nagar.
For example, the IFSC Code SBIN0017263 of State Bank Of India for the Iim Kashipur branch includes these elements, identifying the bank and the branch location in Udham Singh Nagar and Uttarakhand correctly.
How to Find IFSC Code for State Bank Of India?
If you are trying to find the IFSC Code SBIN0017263 of State Bank Of India for its Iim Kashipur branch located in Udham Singh Nagar, 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 Udham Singh Nagar and Kashipur, 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 Iim Kashipur or Udham Singh Nagar to get the exact IFSC Code SBIN0017263.
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 Udham Singh Nagar, you'll get the correct details.
How to Use IFSC Code SBIN0017263 for Online Transfers?
Once you have the IFSC Code SBIN0017263 for the Iim Kashipur branch of State Bank Of India in Udham Singh Nagar, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SBIN0017263. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 SBIN0017263.
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 Iim Kashipur in Udham Singh Nagar, 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 Iim Kashipur, 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 Udham Singh Nagar manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0017263.
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 Bazpur Road,Opp Iim Campus,Kashipur,Distt.Udham Singh Nagar.Uttarakhand 244713 located in Udham Singh Nagar, Kashipur, Uttarakhand.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.