Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of State Bank Of India for its Parvathipuram Bazar branch in Vizianagaram, Parvathipuram, Andhra Pradesh, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of State Bank Of India located in Vizianagaram or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code SBIN0014386. You should definitely 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, Parvathipuram Bazar, Vizianagaram

Here are the main details that are associated with the IFSC Code SBIN0014386 of State Bank Of India for its branch located in Vizianagaram, within the district of Parvathipuram in the state of Andhra Pradesh.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0014386
Branch Parvathipuram Bazar
City Vizianagaram
District Parvathipuram
State Andhra Pradesh
Address Kaparapu Complex,Beside Rtc Complex,Parvathipuram,Vizianagram District,Andhra Pradesh 535501

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 SBIN0014386 for the Parvathipuram Bazar 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with State Bank Of India located in Parvathipuram Bazar, Vizianagaram, Andhra Pradesh, are allotted a unique IFSC like SBIN0014386 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Vizianagaram.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Vizianagaram and Parvathipuram.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It makes sure that money sent to State Bank Of India in Parvathipuram Bazar reaches the right place, even though there are thousands of branches in Andhra Pradesh and across India.

Format of the IFSC Code SBIN0014386

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 Parvathipuram Bazar in Vizianagaram.

For example, the IFSC Code SBIN0014386 of State Bank Of India for the Parvathipuram Bazar 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?

If you are trying to find the IFSC Code SBIN0014386 of State Bank Of India for its Parvathipuram Bazar branch located in Vizianagaram, 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 Vizianagaram and Parvathipuram, 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 Parvathipuram Bazar or Vizianagaram to get the exact IFSC Code SBIN0014386.

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 Vizianagaram that will provide accurate information.

How to Use IFSC Code SBIN0014386 for Online Transfers?

Once you have the IFSC Code SBIN0014386 for the Parvathipuram Bazar 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 SBIN0014386. 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 SBIN0014386.

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 Parvathipuram Bazar 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 Parvathipuram Bazar, 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)

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

The IFSC Code is SBIN0014386.

Is the IFSC Code SBIN0014386 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

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

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

What is the full address of the Parvathipuram Bazar branch?

The address of the branch is Kaparapu Complex,Beside Rtc Complex,Parvathipuram,Vizianagram District,Andhra Pradesh 535501 located in Vizianagaram, Parvathipuram, 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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