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 Arakonam Town branch in Vellore, Arkonam, Tamil Nadu, 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 Vellore or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code SBIN0017922. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for State Bank Of India, Arakonam Town, Vellore
Below in the table are the key details related to IFSC Code SBIN0017922 of State Bank Of India for its branch located in Vellore, within the district of Arkonam in the state of Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0017922 |
| Branch | Arakonam Town |
| City | Vellore |
| District | Arkonam |
| State | Tamil Nadu |
| Address | 261 Ssm Complex Gandhi Nagar Tnhb Arkonam Distt.Vellore. Tamil Nadu631003 |
These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in Vellore for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0017922 for the Arakonam Town 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including State Bank Of India located in Arakonam Town, Vellore, Tamil Nadu, is provided with a unique IFSC like SBIN0017922 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 Vellore.
- 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 Vellore and Arkonam.
- 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 Tamil Nadu and the rest of India and the IFSC Code ensures that transactions meant for State Bank Of India in Arakonam Town do not get mixed with another location.
Format of the IFSC Code SBIN0017922
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 Arakonam Town in Vellore.
For example, the IFSC Code SBIN0017922 of State Bank Of India for the Arakonam Town branch includes these elements, identifying the bank and the branch location in Vellore and Tamil Nadu accurately.
How to Find IFSC Code for State Bank Of India?
If you are trying to find the IFSC Code SBIN0017922 of State Bank Of India for its Arakonam Town branch located in Vellore, 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 Vellore and Arkonam, 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 Arakonam Town or Vellore to get the exact IFSC Code SBIN0017922.
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 Vellore, you'll get the correct details.
How to Use IFSC Code SBIN0017922 for Online Transfers?
If you have the IFSC Code SBIN0017922 for the Arakonam Town branch of State Bank Of India in Vellore, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0017922. 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 SBIN0017922.
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 Arakonam Town in Vellore, it may result in delayed or failed transactions.
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 Arakonam Town, 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 Vellore manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code of the Arakonam Town Vellore branch is SBIN0017922.
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 261 Ssm Complex Gandhi Nagar Tnhb Arkonam Distt.Vellore. Tamil Nadu631003.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.