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 Cac, Bobbili branch in Vizianagaram, Bobbili, 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 SBIN0061424. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for State Bank Of India, Cac, Bobbili, Vizianagaram
Here are some of the key details that come with the IFSC Code SBIN0061424 of State Bank Of India for its branch located in Vizianagaram, within the district of Bobbili in the state of Andhra Pradesh.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0061424 |
| Branch | Cac, Bobbili |
| City | Vizianagaram |
| District | Bobbili |
| State | Andhra Pradesh |
| Address | Cheepurupalli Street, Bobbili, Vizianagaram-535558-(A.P.) |
These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in Vizianagaram for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0061424 for the Cac, Bobbili 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 that is provided by the Reserve Bank of India. A unique IFSC like SBIN0061424 is given to every bank branch, including State Bank Of India located in Cac, Bobbili, Vizianagaram, Andhra Pradesh, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the State Bank Of India branch in Vizianagaram.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Vizianagaram and Bobbili.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Andhra Pradesh and the rest of India, which is why the IFSC Code ensures that transactions meant for State Bank Of India in Cac, Bobbili doesn't end up at another location.
Format of the IFSC Code SBIN0061424
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 Cac, Bobbili in Vizianagaram.
For example, the IFSC Code SBIN0061424 of State Bank Of India for the Cac, Bobbili branch includes these elements, identifying the bank and the branch location in Vizianagaram and Andhra Pradesh correctly.
How to Find IFSC Code for State Bank Of India?
To find the IFSC Code SBIN0061424 of State Bank Of India for its Cac, Bobbili branch located in Vizianagaram, 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 Vizianagaram and Bobbili, 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, Bobbili or Vizianagaram to find the exact IFSC Code SBIN0061424.
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 Vizianagaram will provide accurate information.
How to Use IFSC Code SBIN0061424 for Online Transfers?
Once you have the IFSC Code SBIN0061424 for the Cac, Bobbili branch of State Bank Of India in Vizianagaram, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0061424. 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 SBIN0061424.
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, Bobbili in Vizianagaram 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, Bobbili, 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 Vizianagaram to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Cac, Bobbili Vizianagaram branch is SBIN0061424.
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 Cheepurupalli Street, Bobbili, Vizianagaram-535558-(A.P.).
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.