State Bank of India IFSC Code Karnataka | Available Online

About the Bank

The State Bank of India is one of the topmost leading bank in India. It is an Indian multinational, public sector banking and financial services company. It is Government-owned corporation. The bank has its headquarters in Mumbai, Maharashtra.

As per the current database record, the bank has a wide network of 24, 000 branches and 59, 000 ATMs. It has 198 offices in 37 countries, 301 correspondents in 72 countries. The company is ranked 232nd on the Fortune Global 500.

Products and Services Offered by the Bank

The bank provides a wide range of products and services for its customers. The following are the different products and services offered by the bank:

• Credit cards 
• Consumer Banking 
• Corporate Banking 
• Finance and Insurance 
• Investment Banking 
• Mortgage Loans 
• Private Equity and 
• Wealth Management 

State Bank of India IFSC Codes

The State Bank of India, Karnataka offers different ways to transfer funds from one account to another. Some of the methods for bank funds transfer are NEFT, RTGS, IMPS etc. The RTGS stands for the Real Time Gross Settlement and National Electronic Fund Transfer (NEFT). These methods are quick and safe. The transactions that are performed by these use an IFSC Code that is unique in nature and is different to each and every bank branch. Hence, the IFSC Codes plays a very vital role in case of the online transactions.

The IFSC Codes of State Bank of India Karnataka

The full form of IFSC is Indian Financial System Code. These codes are 11-digit alpha-numeric unique codes which is used to identify the bank branch of India. The codes are found in the cheque books of an individuals, corporates, and firms etc. and during the making of the online fund transfers.

These codes are used to making fund transfers through NEFT and RTGS. The first four characters of the code are in the alphabets and denotes the bank name, the fifth character is set as default “0” this character is kept for future purpose, and the last six digit numbers represents the bank branch.

You can easily get the IFSC Code of any bank branch if you have the following required information: 

• Name of the bank 
• Name of the State 
• Name of the District 
• Branch Name 

The IFSC Codes of SBI Karnataka, Bengaluru (District) of RBO R3 NW1Branch is SBIN0015172.