IFSC Code SBIN0001596 - State Bank of India-MACHILIPATNAM BAZAR, MACHILIPATNAM-Machilipatnam
| Detail | Information |
|---|---|
| IFSC Code | SBIN0001596 |
| Bank Name | State Bank of India |
| Address | D NO 25 BY 300 KENNEDY ROAD,BUTTAAYAPETA, MACHIL DIST KRISHNA, ANDHRA PRADESH 521001 |
| District | Krishna |
| State | ANDHRA PRADESH |
| Branch | Machilipatnam bazar, machilipatnam |
| Contact | |
| Centre | Available |
| IMPS | Available |
| UPI | Available |
| MICR | 520002403 |
| RTGS | 1 |
| NEFT | Not Available |
| ISO3166 | IN-AP |
| Bankcode | SBIN |
Overview of SBIN0001596
The IFSC code SBIN0001596 is associated with the Machilipatnam MACHILIPATNAM BAZAR, MACHILIPATNAM Branch of State Bank of India. Located in the bustling city of Machilipatnam, ANDHRA PRADESH, this branch is one of the many State Bank of India branches that cater to the banking needs of the local residents. The code "SBIN" in SBIN0001596 represents State Bank of India Bank, while 0001596 signifies the unique branch code for MACHILIPATNAM BAZAR, MACHILIPATNAM.
Significance of IFSC Code for Banking Transactions
The importance of the IFSC code, like SBIN0001596, for the MACHILIPATNAM BAZAR, MACHILIPATNAM Branch, cannot be overstated. It acts as an address that identifies both the State Bank of India and its specific branch in Machilipatnam. This ensures that when you're transferring money or setting up a beneficiary for future transactions, your funds are directed to the correct bank branch. Without the IFSC code, the chances of errors in electronic fund transfers would be significantly higher, leading to potential financial losses and administrative hassles.
Deep Dive into SBIN0001596
The IFSC code SBIN0001596 is not just a random combination of letters and numbers. It holds significance in the banking world, especially for those who bank with State Bank of India in Machilipatnam. Let's break down the details:
- IFSC Code (SBIN0001596): This unique code is essential for electronic fund transfers. The first four characters "SBIN" represent the bank's name, State Bank of India. The last six characters "0001596" are a unique identifier for the MACHILIPATNAM BAZAR, MACHILIPATNAM branch.
- Bank Name (State Bank of India): One of [country]'s leading banks, State Bank of India offers a wide range of banking products and financial services to its vast customer base.
- Address (D NO 25 BY 300 KENNEDY ROAD,BUTTAAYAPETA, MACHIL DIST KRISHNA, ANDHRA PRADESH 521001): This specific address pinpoints the exact location of the branch, ensuring that customers can easily find it for their banking needs.
- City & State (Machilipatnam, ANDHRA PRADESH): The branch is situated in the heart of Machilipatnam, the capital city of ANDHRA PRADESH. A city known for its [CITY_FEATURES].
- Branch (MACHILIPATNAM BAZAR, MACHILIPATNAM): The [AREA_NAME] area in Machilipatnam is a hub of activity, and the State Bank of India branch here caters to both individual and business banking needs.
- Phone Number (): A direct line to the branch, this number ensures that customers can reach out for any queries, concerns, or banking assistance.