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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of State Bank Of India for its Indira Gandhi Chowk Mahabubabad branch in Warangal, Mahbubabad, or Telangana, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of State Bank Of India located in Warangal or anywhere in Telangana can transfer funds instantly by using the correct IFSC Code SBIN0021933. 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, Indira Gandhi Chowk Mahabubabad, Warangal

Below in the table are the key details related to IFSC Code SBIN0021933 of State Bank Of India for its branch located in Warangal, within the district of Mahbubabad in the state of Telangana.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0021933
Branch Indira Gandhi Chowk Mahabubabad
City Warangal
District Mahbubabad
State Telangana
Address Oesnignicente

These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in Warangal for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0021933 for the Indira Gandhi Chowk Mahabubabad 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including State Bank Of India located in Indira Gandhi Chowk Mahabubabad, Warangal, Telangana, is provided a unique IFSC like SBIN0021933 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 Warangal.
  • 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 Warangal and Mahbubabad.
  • 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 Telangana and the rest of India, the IFSC Code ensures that transactions meant for State Bank Of India in Indira Gandhi Chowk Mahabubabad do not get misguided to another person.

Format of the IFSC Code SBIN0021933

The format of the IFSC Code for banks, including State Bank Of India, follows 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 Indira Gandhi Chowk Mahabubabad in Warangal.

For example, the IFSC Code SBIN0021933 of State Bank Of India for the Indira Gandhi Chowk Mahabubabad branch includes these elements, identifying the bank and the branch location in Warangal and Telangana accurately.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0021933 of State Bank Of India for its Indira Gandhi Chowk Mahabubabad branch located in Warangal, the following methods can help:

Cheque Book

The cheque book issued by State Bank Of India includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

You can easily find the IFSC and MICR codes because most banks, including State Bank Of India branches in Warangal and Mahbubabad, print them on the first page of your passbook.

Bank Website

Visit the official website of State Bank Of India and navigate to the branch locator section. Search for Indira Gandhi Chowk Mahabubabad or Warangal to get the exact IFSC Code SBIN0021933.

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 keeps an updated list of all IFSC codes. If you search for State Bank Of India and Warangal, you'll get the correct details.

How to Use IFSC Code SBIN0021933 for Online Transfers?

Once you have the IFSC Code SBIN0021933 for the Indira Gandhi Chowk Mahabubabad branch of State Bank Of India in Warangal, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SBIN0021933. 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 SBIN0021933.

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 Indira Gandhi Chowk Mahabubabad in Warangal, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of State Bank Of India in Indira Gandhi Chowk Mahabubabad, here are some of the ways 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.

Knowing both IFSC and MICR code can help account holders in Warangal manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India in Indira Gandhi Chowk Mahabubabad, Warangal?

The IFSC Code is SBIN0021933.

Is the IFSC Code SBIN0021933 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 Indira Gandhi Chowk Mahabubabad?

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 Indira Gandhi Chowk Mahabubabad branch?

The address of the branch is Oesnignicente located in Warangal, Mahbubabad, Telangana.

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.