IFSC Code SBIN0020588 - State Bank of India-KAILASH COLONY NEW DELHI-New Delhi

Detail Information
IFSC Code SBIN0020588
Bank Name State Bank of India
Address ARDRCOLEX36ELITEHOSE
District New delhi
State Delhi
Branch Kailash colony new delhi
Contact +911129231580
Centre Available
IMPS Available
UPI Available
MICR 110002660
RTGS 1
NEFT Not Available
ISO3166 IN-DL
Bankcode SBIN

Overview of SBIN0020588

The IFSC code SBIN0020588 is associated with the New Delhi KAILASH COLONY NEW DELHI Branch of State Bank of India. Located in the bustling city of New Delhi, DELHI, 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 SBIN0020588 represents State Bank of India Bank, while 0020588 signifies the unique branch code for KAILASH COLONY NEW DELHI.

Significance of IFSC Code for Banking Transactions

The importance of the IFSC code, like SBIN0020588, for the KAILASH COLONY NEW DELHI Branch, cannot be overstated. It acts as an address that identifies both the State Bank of India and its specific branch in New Delhi. 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 SBIN0020588

The IFSC code SBIN0020588 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 New Delhi. Let's break down the details:

  • IFSC Code (SBIN0020588): 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 "0020588" are a unique identifier for the KAILASH COLONY NEW DELHI 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 (ARDRCOLEX36ELITEHOSE): This specific address pinpoints the exact location of the branch, ensuring that customers can easily find it for their banking needs.
  • City & State (New Delhi, DELHI): The branch is situated in the heart of New Delhi, the capital city of DELHI. A city known for its [CITY_FEATURES].
  • Branch (KAILASH COLONY NEW DELHI): The [AREA_NAME] area in New Delhi is a hub of activity, and the State Bank of India branch here caters to both individual and business banking needs.
  • Phone Number (+911129231580): 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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