SBIN0017055 IFSC Code, STATE BANK OF INDIA, AKHADA BALAPUR

IFSC Code of State Bank Of India, Akhada Balapur, Maharashtra IFSC CODE & MICR CODE

STATE BANK OF INDIA, AKHADA BALAPUR - SBIN0017055

  • Bank name: STATE BANK OF INDIA

Bank Address: Shubhada Commercial Complex, Plot No 1 2, Hingoli Nanded Road, At Post Akhada Balapur, Distt.hingoli. Maharashtra 431701

  • IFSC Code sbin0017055
  • Bank Code SBIN
  • Bank name STATE BANK OF INDIA
  • Bank contact number
  • Bank branch AKHADA BALAPUR
  • Bank ISO3166 Code IN-MH
  • Bank Center HINGOLI
  • MICR Code 431002502
  • State name MAHARASHTRA
  • District name HINGOLI
  • City name AKHADA BALAPUR
  • Swift Swift not provided
  • IMPS No
  • NEFT No
  • UPI No
  • RTGS No

What is an IFSC Code?

The Indian Financial System Code (IFSC) is an 11-character alphanumeric code used to uniquely identify a bank branch for online fund transfers. The IFSC code for STATE BANK OF INDIA, AKHADA BALAPUR branch is SBIN0017055, ensures that your transactions are directed to the correct branch.

How to Use SBIN0017055 for Transactions?

  • NEFT: Use the IFSC code to transfer funds quickly to accounts in other banks.
  • RTGS: For high-value transactions, the IFSC code ensures your payment is processed instantly.
  • IMPS: The IFSC code allows 24/7 fund transfers, including weekends and holidays.

What is a MICR Code?

The Magnetic Ink Character Recognition (MICR) code is a 9-digit code used for processing paper-based transactions, such as cheques. For the AKHADA BALAPUR branch, this code complements the IFSC code for efficient banking operations.

Benefits of Using the Correct IFSC Code

  • Accuracy: Ensures your funds are directed to the right branch.
  • Security: Prevents fraudulent transactions by uniquely identifying each branch.