IFSC Code of State Bank of India, VIDYA NAGAR, DAVANGERE

SBIN0040948

BankState Bank of India
IFSC CodeSBIN0040948
Branch Code040948 (last six characters of IFSC)
BranchVIDYA NAGAR
City / DistrictDAVANGERE
StateKARNATAKA

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State Bank of India VIDYA NAGAR IFSC Code

The VIDYA NAGAR branch of State Bank of India located in DAVANGERE, KARNATAKA is identified by the IFSC code SBIN0040948. This 11-character code is issued by the Reserve Bank of India (RBI) and is required for electronic fund transfers such as NEFT, RTGS, IMPS and UPI.

How to transfer money using SBIN0040948

  1. Log in to your bank’s net banking or mobile banking app.
  2. Choose the NEFT, RTGS or IMPS transfer option.
  3. Add the beneficiary with account number and branch name.
  4. Enter IFSC code SBIN0040948 to identify the VIDYA NAGAR branch.
  5. Enter the amount and confirm the transaction.

Difference between IFSC and MICR

AspectIFSC
Full formIndian Financial System Code
PurposeOnline money transfer (NEFT / RTGS / IMPS)
Format11-character alphanumeric
Issued byReserve Bank of India (RBI)

Frequently asked questions

What is the IFSC code of State Bank of India, VIDYA NAGAR?
The IFSC code is SBIN0040948.

What is the branch code?
The branch code is 040948, the last six characters of the IFSC code.