There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of State Bank Of India for its Cac Vikarabad branch in Vikarabad, Vikarabad, Telangana, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of State Bank Of India situated in Vikarabad or anywhere in Telangana can easily transfer funds instantly by using the correct IFSC Code SBIN0061992. You should 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, Cac Vikarabad, Vikarabad
The table below shows the main details of the IFSC Code SBIN0061992 for the State Bank Of India branch in Vikarabad, which falls under the Vikarabad district in Telangana.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0061992 |
| Branch | Cac Vikarabad |
| City | Vikarabad |
| District | Vikarabad |
| State | Telangana |
| Address | H.No.4-2-1096,Main Road,Vikarabad.Dist Vikarabad 501101 |
These details helps users in online banking and for businesses and individuals who use State Bank Of India in Vikarabad for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0061992 for the Cac Vikarabad branch of State Bank Of India plays a vital 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 Cac Vikarabad, Vikarabad, Telangana, is provided with a unique IFSC like SBIN0061992 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 Vikarabad.
- 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 Vikarabad and Vikarabad.
- 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 Telangana and the rest of India and the IFSC Code ensures that transactions meant for State Bank Of India in Cac Vikarabad do not get mixed with another location.
Format of the IFSC Code SBIN0061992
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 Cac Vikarabad in Vikarabad.
For example, the IFSC Code SBIN0061992 of State Bank Of India for the Cac Vikarabad branch includes these elements, identifying the bank and the branch location in Vikarabad and Telangana accurately.
How to Find IFSC Code for State Bank Of India?
To find the IFSC Code SBIN0061992 of State Bank Of India for its Cac Vikarabad branch located in Vikarabad, the following methods can help you out:
Cheque Book
The cheque book issued by State Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including State Bank Of India branches in Vikarabad and Vikarabad, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of State Bank Of India and go to the branch locator section. Then search for Cac Vikarabad or Vikarabad to find the exact IFSC Code SBIN0061992.
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 maintains an updated database of all IFSC codes. Searching for State Bank Of India and Vikarabad will provide accurate information.
How to Use IFSC Code SBIN0061992 for Online Transfers?
Once you have the IFSC Code SBIN0061992 for the Cac Vikarabad branch of State Bank Of India in Vikarabad, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0061992. Transfers are processed in batches. This is 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. Requires the recipient's account details and State Bank Of India IFSC Code SBIN0061992.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for State Bank Of India Cac Vikarabad in Vikarabad 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 Cac Vikarabad, here are some ways to obtain 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.
Having both the IFSC and MICR codes makes it easy for account holders in Vikarabad to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Cac Vikarabad Vikarabad branch is SBIN0061992.
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 H.No.4-2-1096,Main Road,Vikarabad.Dist Vikarabad 501101.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.