IFSC Code SBIN0012838 - State Bank of India-LALITHANAGAR-Visakhapatnam

Detail Information
IFSC Code SBIN0012838
Bank Name State Bank of India
Address SANKARAMATHAM ROAD,LALITHANAGAR,VISAKHAPATNAM 530016
District Visakhapatnam
State ANDHRA PRADESH
Branch Lalithanagar
Contact
Centre Available
IMPS Available
UPI Available
MICR 530002055
RTGS 1
NEFT Not Available
ISO3166 IN-AP
Bankcode SBIN

Overview of SBIN0012838

The IFSC code SBIN0012838 is associated with the Visakhapatnam LALITHANAGAR Branch of State Bank of India. Located in the bustling city of Visakhapatnam, 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 SBIN0012838 represents State Bank of India Bank, while 0012838 signifies the unique branch code for LALITHANAGAR.

Significance of IFSC Code for Banking Transactions

The importance of the IFSC code, like SBIN0012838, for the LALITHANAGAR Branch, cannot be overstated. It acts as an address that identifies both the State Bank of India and its specific branch in Visakhapatnam. 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 SBIN0012838

The IFSC code SBIN0012838 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 Visakhapatnam. Let's break down the details:

  • IFSC Code (SBIN0012838): 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 "0012838" are a unique identifier for the LALITHANAGAR 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 (SANKARAMATHAM ROAD,LALITHANAGAR,VISAKHAPATNAM 530016): This specific address pinpoints the exact location of the branch, ensuring that customers can easily find it for their banking needs.
  • City & State (Visakhapatnam, ANDHRA PRADESH): The branch is situated in the heart of Visakhapatnam, the capital city of ANDHRA PRADESH. A city known for its [CITY_FEATURES].
  • Branch (LALITHANAGAR): The [AREA_NAME] area in Visakhapatnam 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.

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