IFSC Code SBIN0016940, Kajalgaon, State Bank Of India - Find IFSC Code

IFSC is an abbreviation of the Indian Financial System Code. IFSC code is a unique eleven-digit number that is made using a combination of alphabets and numerals.

It is used to transfer funds online for NEFT, IMPS and RTGS transactions

IFSC code is the base of the Bank because It is must require for online fund transfer done via NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement) and IMPS (Immediate Payment Service). So, whenever you transfer funds online, make sure you must have the IFSC code of the beneficiary’s bank along with the required details.

Normally, the IFSC code can be found on your cheque-book provided by the bank

Usually, Bank IFSC code can be found on the top of a cheque-book, bank account statement or passbook issued by the particular bank near the bank account number. If you can not find your cheque-book, bank account statement or passbook, you can use the drop-down menu given on the top of this page to find the Bank IFSC Code for any branch

Enter ifsc code in textbox you will get full details with branch name

You can not find the IFSC code using a bank account number since both are different things. IFSC represents a branch and the account number represents an account. If you have a cheque-book, bank account statement or passbook of your account then you can get the IFSC code from there

The IFSC code is used to transfer funds using three electronic fund transfer modes such as NEFT, RTGS and IMPS. These types of electronic fund transfers enable customers to easily transfer funds from one account to another. This can be done through online banking platforms, e-commerce websites and financial institutions. Customers need to know the IFSC code of the bank in which they are making the transaction and the RCBC, HSBC, YES Bank, or Mybank account number of the recipient.

These NEFT, RTGS and IMPS methods are used for online money transfer using IFSC code.