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 Ssi Kumara Park branch in West Godavari, Bangalore, Karnataka, 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 West Godavari or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code SBIN0008577. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for State Bank Of India, Ssi Kumara Park, West Godavari
Below in the table are the key details related to IFSC Code SBIN0008577 of State Bank Of India for its branch located in West Godavari, within the district of Bangalore in the state of Karnataka.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0008577 |
| Branch | Ssi Kumara Park |
| City | West Godavari |
| District | Bangalore |
| State | Karnataka |
| Address | Ssi Kumara Park,No 179,S C Road,Seshadripuram,Kumara Park West,Bangalore |
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 SBIN0008577 for the Ssi Kumara Park 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 Ssi Kumara Park, West Godavari, Karnataka, are given a unique IFSC like SBIN0008577 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 Bangalore.
- 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 Ssi Kumara Park goes to the correct branch. This is important because State Bank Of India has thousands of branches in Karnataka and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code SBIN0008577
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 Ssi Kumara Park in West Godavari.
For example, the IFSC Code SBIN0008577 of State Bank Of India for the Ssi Kumara Park branch includes these elements, identifying the bank and the branch location in West Godavari and Karnataka accurately.
How to Find IFSC Code for State Bank Of India?
If you are looking for the IFSC Code SBIN0008577 of State Bank Of India for its Ssi Kumara Park branch located in West Godavari, 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 West Godavari and Bangalore, 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 Ssi Kumara Park or West Godavari to get the exact IFSC Code SBIN0008577.
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 West Godavari, then it will provide you proper information.
How to Use IFSC Code SBIN0008577 for Online Transfers?
Once you have the IFSC Code SBIN0008577 for the Ssi Kumara Park branch of State Bank Of India in West Godavari, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SBIN0008577. 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 SBIN0008577.
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 Ssi Kumara Park in West Godavari, 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 Ssi Kumara Park, 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 West Godavari manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0008577.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Ssi Kumara Park,No 179,S C Road,Seshadripuram,Kumara Park West,Bangalore located in West Godavari, Bangalore, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.