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 Wednesday Market branch in West Godavari, Bhimavaram, 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 West Godavari or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code SBIN0006556. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

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

Here are some of the key details that come with the IFSC Code SBIN0006556 of State Bank Of India for its branch located in West Godavari, within the district of Bhimavaram in the state of Andhra Pradesh.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0006556
Branch Wednesday Market
City West Godavari
District Bhimavaram
State Andhra Pradesh
Address D No.16-17-17,Surinidivar Street, Bhimavaram, West Godavari, A.P., Pin-534201

These details help users in online banking and for businesses and individuals who use State Bank Of India in West Godavari for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0006556 for the Wednesday Market branch of State Bank Of India has a very 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 Wednesday Market, West Godavari, Andhra Pradesh, is provided a unique IFSC like SBIN0006556 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 West Godavari.
  • 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 West Godavari and Bhimavaram.
  • 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 Andhra Pradesh and the rest of India, the IFSC Code ensures that transactions meant for State Bank Of India in Wednesday Market do not get misguided to another person.

Format of the IFSC Code SBIN0006556

This is the format of the IFSC Code for banks, including State Bank Of India, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For State Bank Of India, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Wednesday Market in West Godavari.

For example, the IFSC Code SBIN0006556 of State Bank Of India for the Wednesday Market branch includes these elements, identifying the bank and the branch location in West Godavari and Andhra Pradesh accurately.

How to Find IFSC Code for State Bank Of India?

To find the IFSC Code SBIN0006556 of State Bank Of India for its Wednesday Market 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 Bhimavaram, 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 Wednesday Market or West Godavari to find the exact IFSC Code SBIN0006556.

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 SBIN0006556 for Online Transfers?

If you have the IFSC Code SBIN0006556 for the Wednesday Market branch of State Bank Of India in West Godavari, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0006556. Transfers are processed in batches. 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. Asks for the recipient's account details and State Bank Of India IFSC Code SBIN0006556.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for State Bank Of India Wednesday Market in West Godavari, it 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 Wednesday Market, 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)

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

The IFSC Code is SBIN0006556.

Is the IFSC Code SBIN0006556 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of State Bank Of India Wednesday Market?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Wednesday Market branch?

The address of the branch is D No.16-17-17,Surinidivar Street, Bhimavaram, West Godavari, A.P., Pin-534201 located in West Godavari, Bhimavaram, 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.

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