For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of State Bank Of India for its Akividu branch in West Godavari, Akividu, Andhra Pradesh, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of State Bank Of India located in West Godavari or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code SBIN0001440. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for State Bank Of India, Akividu, West Godavari

The table below shows the main details of the IFSC Code SBIN0001440 for the State Bank Of India branch in West Godavari, which falls under the Akividu district in Andhra Pradesh.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0001440
Branch Akividu
City West Godavari
District Akividu
State Andhra Pradesh
Address Dist West Godavari, Andhra Pradesh 534235

These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in West Godavari for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0001440 for the Akividu 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 provided by the Reserve Bank of India. Every bank branch, along with State Bank Of India located in Akividu, West Godavari, Andhra Pradesh, are given a unique IFSC like SBIN0001440 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

It helps ensure that any money sent to State Bank Of India in Akividu goes to the correct branch. This is important because State Bank Of India has thousands of branches in Andhra Pradesh and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code SBIN0001440

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 Akividu in West Godavari.

For example, the IFSC Code SBIN0001440 of State Bank Of India for the Akividu branch includes these elements, identifying the bank and the branch location in West Godavari and Andhra Pradesh correctly.

How to Find IFSC Code for State Bank Of India?

To find the IFSC Code SBIN0001440 of State Bank Of India for its Akividu branch located in West Godavari, 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 West Godavari and Akividu, 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 Akividu or West Godavari to find the exact IFSC Code SBIN0001440.

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 West Godavari will provide accurate information.

How to Use IFSC Code SBIN0001440 for Online Transfers?

Once you have the IFSC Code SBIN0001440 for the Akividu branch of State Bank Of India in West Godavari, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0001440. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and State Bank Of India IFSC Code SBIN0001440.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for State Bank Of India Akividu in West Godavari, it can result in delayed or failed transactions.

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 Akividu, 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 West Godavari manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India in Akividu, West Godavari?

The IFSC Code is SBIN0001440.

Is the IFSC Code SBIN0001440 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 Akividu?

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 Akividu branch?

The address of the branch is Dist West Godavari, Andhra Pradesh 534235 located in West Godavari, Akividu, 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.