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 Bobbili branch in Vizianagaram, Vizianagaram, Andhra Pradesh, 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 Vizianagaram or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code SBIN0021124. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for State Bank Of India, Bobbili, Vizianagaram

The table below shows the main details of the IFSC Code SBIN0021124 for the State Bank Of India branch in Vizianagaram, which falls under the Vizianagaram district in Andhra Pradesh.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0021124
Branch Bobbili
City Vizianagaram
District Vizianagaram
State Andhra Pradesh
Address N1 7Vhpa A

These details are crucial, not just for online banking users but also for businesses and individuals who use State Bank Of India in Vizianagaram for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0021124 for the Bobbili 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including State Bank Of India located in Bobbili, Vizianagaram, Andhra Pradesh, is provided a unique IFSC like SBIN0021124 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the State Bank Of India branch in Vizianagaram.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Vizianagaram and Vizianagaram.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Andhra Pradesh and the rest of India, the IFSC Code ensures that transactions meant for State Bank Of India in Bobbili do not get misguided to another person.

Format of the IFSC Code SBIN0021124

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 Bobbili in Vizianagaram.

For example, the IFSC Code SBIN0021124 of State Bank Of India for the Bobbili branch includes these elements, identifying the bank and the branch location in Vizianagaram and Andhra Pradesh accurately.

How to Find IFSC Code for State Bank Of India?

If you are looking for the IFSC Code SBIN0021124 of State Bank Of India for its Bobbili branch located in Vizianagaram, the following methods can help:

Cheque Book

The cheque book that is issued by State Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

Most of the banks, including State Bank Of India branches in Vizianagaram and Vizianagaram, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

You can visit the official website of State Bank Of India and look for the branch locator section, then search for Bobbili or Vizianagaram to get the exact IFSC Code SBIN0021124.

Mobile Banking App

If you use State Bank Of India's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for State Bank Of India and Vizianagaram, then it will provide you proper information.

How to Use IFSC Code SBIN0021124 for Online Transfers?

Once you have the IFSC Code SBIN0021124 for the Bobbili branch of State Bank Of India in Vizianagaram, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SBIN0021124. 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 SBIN0021124.

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 Bobbili in Vizianagaram, 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 Bobbili, 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 Vizianagaram manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India in Bobbili, Vizianagaram?

The IFSC Code is SBIN0021124.

Is the IFSC Code SBIN0021124 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of State Bank Of India Bobbili?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Bobbili branch?

The address of the branch is N1 7Vhpa A located in Vizianagaram, Vizianagaram, Andhra Pradesh.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

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