State Bank of India — VIDYA NAGAR Branch
DAVANGERE, KARNATAKA
Available Services
Branch Details
| Bank Name | State Bank of India |
|---|---|
| Branch Name | VIDYA NAGAR |
| IFSC Code | SBIN0040948 |
| MICR Code | 577002506 |
| SWIFT Code | N/A |
| Address | SITE NO 30 2ND CROSS MITRA LAY OUT VIDYANAGAR LAYOUT DAVANAGERE |
| City | DAVANGERE |
| District | DAVANGERE |
| State | KARNATAKA |
| Contact Number | +918194224818 |
How to Use SBIN0040948 for Money Transfers
The IFSC code SBIN0040948 is specifically assigned to the VIDYA NAGAR branch of State Bank of India located in DAVANGERE, KARNATAKA. This unique code is mandatory for routing electronic payments correctly within India.
NEFT Transfer
Use SBIN0040948 when adding this branch as a beneficiary in NEFT transactions. NEFT operates in half-hourly batches from 12:30 AM to 12:00 AM on all days. Enter the IFSC, account number, and account holder name carefully to ensure successful transfer.
RTGS Transfer
For high-value transactions above ₹2 lakh, RTGS offers real-time gross settlement. Use SBIN0040948 along with the beneficiary's exact account number. RTGS is available on working days from 7:00 AM to 6:00 PM.
IMPS & UPI
IMPS and UPI allow instant 24×7 transfers. While UPI apps often auto-resolve the IFSC from the VPA, mobile banking apps require SBIN0040948 when registering a new beneficiary.
Always double-check the account number before confirming any transfer — the IFSC routes funds to the correct branch, but the account number specifies the exact recipient.
About State Bank of India VIDYA NAGAR Branch
The VIDYA NAGAR branch of State Bank of India is situated in DAVANGERE, KARNATAKA. The branch address is SITE NO 30 2ND CROSS MITRA LAY OUT VIDYANAGAR LAYOUT DAVANAGERE. This branch supports electronic payment services including NEFT, RTGS, IMPS, and UPI. You can contact this branch at +918194224818. Always use the IFSC code SBIN0040948 when making any online fund transfer to an account held at this branch.
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