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 Parimala Colony Hanamkonda branch in Warangal, Warangal, Telangana, 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 Warangal or anywhere in Telangana can transfer funds instantly by using the correct IFSC Code SBIN0022052. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for State Bank Of India, Parimala Colony Hanamkonda, Warangal

Here are the key points that are associated with the IFSC Code SBIN0022052 of State Bank Of India for its branch located in Warangal, within the district of Warangal in the state of Telangana.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0022052
Branch Parimala Colony Hanamkonda
City Warangal
District Warangal
State Telangana
Address 1602Parimalacolony

These details are crucial, not just for online banking users but also for businesses and individuals who use State Bank Of India in Warangal for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0022052 for the Parimala Colony Hanamkonda 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 Parimala Colony Hanamkonda, Warangal, Telangana, is provided a unique IFSC like SBIN0022052 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 Warangal.
  • 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 Parimala Colony Hanamkonda do not get misguided to another person.

Format of the IFSC Code SBIN0022052

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 Parimala Colony Hanamkonda in Warangal.

For example, the IFSC Code SBIN0022052 of State Bank Of India for the Parimala Colony Hanamkonda 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?

To find the IFSC Code SBIN0022052 of State Bank Of India for its Parimala Colony Hanamkonda branch located in Warangal, 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 Warangal and Warangal, 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 Parimala Colony Hanamkonda or Warangal to find the exact IFSC Code SBIN0022052.

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 Warangal will provide accurate information.

How to Use IFSC Code SBIN0022052 for Online Transfers?

Once you have the IFSC Code SBIN0022052 for the Parimala Colony Hanamkonda 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 SBIN0022052. 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 SBIN0022052.

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 Parimala Colony Hanamkonda in Warangal, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of State Bank Of India in Parimala Colony Hanamkonda, you can find it by any of the following ways:

  • Check the bottom of your cheque leaf.
  • Go to the first page of your passbook.
  • Visit the official State Bank Of India website.
  • Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Warangal 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 Parimala Colony Hanamkonda, Warangal?

The IFSC Code is SBIN0022052.

Is the IFSC Code SBIN0022052 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 Parimala Colony Hanamkonda?

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 Parimala Colony Hanamkonda branch?

The address of the branch is 1602Parimalacolony located in Warangal, Warangal, 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.

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