For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of State Bank Of India for its N R I Branch, Visakhapatnam branch in Visakhapatnam, Visakhapatnam, Andhra Pradesh, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of State Bank Of India located in Visakhapatnam or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code SBIN0013517. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for State Bank Of India, N R I Branch, Visakhapatnam, Visakhapatnam
The table below shows the main details of the IFSC Code SBIN0013517 for the State Bank Of India branch in Visakhapatnam, which falls under the Visakhapatnam district in Andhra Pradesh.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0013517 |
| Branch | N R I Branch, Visakhapatnam |
| City | Visakhapatnam |
| District | Visakhapatnam |
| State | Andhra Pradesh |
| Address | Sampath Vinayaka Temple Road,Waltair Uplands,Visakhapatnam,Dist Visakhapatnam 530 003 |
These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in Visakhapatnam for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0013517 for the N R I Branch, Visakhapatnam 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 N R I Branch, Visakhapatnam, Visakhapatnam, Andhra Pradesh, is provided with a unique IFSC like SBIN0013517 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 Visakhapatnam.
- 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 Visakhapatnam and Visakhapatnam.
- 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 Andhra Pradesh and the rest of India and the IFSC Code ensures that transactions meant for State Bank Of India in N R I Branch, Visakhapatnam do not get mixed with another location.
Format of the IFSC Code SBIN0013517
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 N R I Branch, Visakhapatnam in Visakhapatnam.
For example, the IFSC Code SBIN0013517 of State Bank Of India for the N R I Branch, Visakhapatnam branch includes these elements, identifying the bank and the branch location in Visakhapatnam and Andhra Pradesh accurately.
How to Find IFSC Code for State Bank Of India?
If you are trying to find the IFSC Code SBIN0013517 of State Bank Of India for its N R I Branch, Visakhapatnam branch located in Visakhapatnam, the following methods can help:
Cheque Book
The cheque books that are issued by State Bank Of India include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including State Bank Of India branches in Visakhapatnam and Visakhapatnam, 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 find the branch locator section. Search for N R I Branch, Visakhapatnam or Visakhapatnam to get the exact IFSC Code SBIN0013517.
Mobile Banking App
If you use State Bank Of India's mobile app, you can easily 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 to help you in searching for State Bank Of India and Visakhapatnam that will provide accurate information.
How to Use IFSC Code SBIN0013517 for Online Transfers?
Once you have the IFSC Code SBIN0013517 for the N R I Branch, Visakhapatnam branch of State Bank Of India in Visakhapatnam, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SBIN0013517. 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 SBIN0013517.
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 N R I Branch, Visakhapatnam in Visakhapatnam, 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 N R I Branch, Visakhapatnam, 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 Visakhapatnam to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the N R I Branch, Visakhapatnam Visakhapatnam branch is SBIN0013517.
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 Sampath Vinayaka Temple Road,Waltair Uplands,Visakhapatnam,Dist Visakhapatnam 530 003.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.