SBI Bank IFSC Code List - Summary
IFSC (Indian Financial System Code) is an important 11-digit alphanumeric code that helps identify different bank branches for online fund transfers. This includes transfers made through NEFT (National Electronic Funds Transfer), IMPS (Immediate Payment Service), or RTGS (Real Time Gross Settlement). The SBI IFSC Code list has been updated as of 15th May 2021.
Importance of SBI Bank IFSC Code
The SBI Bank IFSC Code plays a crucial role in electronic payment systems. It is necessary for processes like real-time gross settlement (RTGS), NEFT, and Centralized Funds Management System (CFMS). This code is essential for safely transferring funds from one bank account to another.
How to Use the SBI Bank IFSC Code
To ensure your money reaches the right destination, always check the IFSC code before making a transaction. An incorrect code can delay your payment or send your money to the wrong account.
Download the SBI Bank IFSC Code List in PDF format using the link given below or an alternative link.