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 Fatehpur Financial Inclusion branch in Warrangal, Warrangal, 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 Warrangal or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code SBIN0021562. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for State Bank Of India, Fatehpur Financial Inclusion, Warrangal
Here are some of the key details that come with the IFSC Code SBIN0021562 of State Bank Of India for its branch located in Warrangal, within the district of Warrangal in the state of Andhra Pradesh.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0021562 |
| Branch | Fatehpur Financial Inclusion |
| City | Warrangal |
| District | Warrangal |
| State | Andhra Pradesh |
| Address | Near Hotel Sai Laxmi Khammam Main Roadnear Thorrur Fathepur Warangal District |
These details helps users in online banking and for businesses and individuals who use State Bank Of India in Warrangal for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0021562 for the Fatehpur Financial Inclusion branch of State Bank Of India plays a vital 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 Fatehpur Financial Inclusion, Warrangal, Andhra Pradesh, are allotted a unique IFSC like SBIN0021562 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Warrangal.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Warrangal and Warrangal.
- 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 Fatehpur Financial Inclusion reaches the right place, even though there are thousands of branches in Andhra Pradesh and across India.
Format of the IFSC Code SBIN0021562
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): These represent the bank code. In State Bank Of India, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Fatehpur Financial Inclusion in Warrangal.
For example, the IFSC Code SBIN0021562 of State Bank Of India for the Fatehpur Financial Inclusion branch has these elements, identifying the bank and the branch location in Warrangal and Andhra Pradesh correctly.
How to Find IFSC Code for State Bank Of India?
If you are looking for the IFSC Code SBIN0021562 of State Bank Of India for its Fatehpur Financial Inclusion branch located in Warrangal, 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 Warrangal and Warrangal, 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 Fatehpur Financial Inclusion or Warrangal to get the exact IFSC Code SBIN0021562.
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 Warrangal, then it will provide you proper information.
How to Use IFSC Code SBIN0021562 for Online Transfers?
Once you have the IFSC Code SBIN0021562 for the Fatehpur Financial Inclusion branch of State Bank Of India in Warrangal, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0021562. 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 SBIN0021562.
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 Fatehpur Financial Inclusion in Warrangal may result in delayed or failed transactions.
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 Fatehpur Financial Inclusion, 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 Warrangal manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0021562.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Near Hotel Sai Laxmi Khammam Main Roadnear Thorrur Fathepur Warangal District located in Warrangal, Warrangal, Andhra Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.