IFSC Code SBIN0016576 - State Bank of India-SPECIALISED MID CORPORATE BRANCH, VIJAYAWADA-Vijayawada
| Detail | Information |
|---|---|
| IFSC Code | SBIN0016576 |
| Bank Name | State Bank of India |
| Address | DNO.48 10 20, VEERAMACHANENI RESIDENCY, NEAR NTR MEDICAL UNIVERSITY, RAMAVARAPPADU RING ROAD, VIJAYAWADA, DIST KRISHNA, ANDHRA PRADESH520008. |
| District | Krishna |
| State | ANDHRA PRADESH |
| Branch | Specialised mid corporate branch, vijayawada |
| Contact | |
| Centre | Available |
| IMPS | Available |
| UPI | Available |
| MICR | 520002044 |
| RTGS | 1 |
| NEFT | Not Available |
| ISO3166 | IN-AP |
| Bankcode | SBIN |
Overview of SBIN0016576
The IFSC code SBIN0016576 is associated with the Vijayawada SPECIALISED MID CORPORATE BRANCH, VIJAYAWADA Branch of State Bank of India. Located in the bustling city of Vijayawada, 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 SBIN0016576 represents State Bank of India Bank, while 0016576 signifies the unique branch code for SPECIALISED MID CORPORATE BRANCH, VIJAYAWADA.
Significance of IFSC Code for Banking Transactions
The importance of the IFSC code, like SBIN0016576, for the SPECIALISED MID CORPORATE BRANCH, VIJAYAWADA Branch, cannot be overstated. It acts as an address that identifies both the State Bank of India and its specific branch in Vijayawada. 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 SBIN0016576
The IFSC code SBIN0016576 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 Vijayawada. Let's break down the details:
- IFSC Code (SBIN0016576): 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 "0016576" are a unique identifier for the SPECIALISED MID CORPORATE BRANCH, VIJAYAWADA 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 (DNO.48 10 20, VEERAMACHANENI RESIDENCY, NEAR NTR MEDICAL UNIVERSITY, RAMAVARAPPADU RING ROAD, VIJAYAWADA, DIST KRISHNA, ANDHRA PRADESH520008.): This specific address pinpoints the exact location of the branch, ensuring that customers can easily find it for their banking needs.
- City & State (Vijayawada, ANDHRA PRADESH): The branch is situated in the heart of Vijayawada, the capital city of ANDHRA PRADESH. A city known for its [CITY_FEATURES].
- Branch (SPECIALISED MID CORPORATE BRANCH, VIJAYAWADA): The [AREA_NAME] area in Vijayawada 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.