IFSC Code of State Bank of India, College Road, Hospet Branch, Karnataka

Below are the complete branch details for State Bank of India, COLLEGE ROAD, HOSPET branch, located in HOSPET, KARNATAKA. The IFSC assigned by the Reserve Bank of India to this branch is SBIN0011347. Whether you want to transfer money, add a beneficiary, verify a cheque or simply confirm the branch address, you will find authentic, up-to-date information on this page that has been cross-checked against the bank's branch directory and the RBI's master list of participants in the National Electronic Funds Transfer system.

The IFSC code is one of the most frequently asked-for pieces of information when somebody wants to send you money or set up a recurring credit such as a salary, EMI auto-debit or supplier payment. Knowing exactly which IFSC belongs to your branch — in this case SBIN0011347 for State Bank of India – COLLEGE ROAD, HOSPET — saves you from rejected transfers, returned credits and the back-and-forth that follows them.

The Indian Financial System Code, popularly known as IFSC, is an 11-digit alphanumeric code that the RBI assigns to every bank branch participating in online interbank settlement. Without this code, an electronic transfer simply cannot reach its destination branch.

The IFSC for State Bank of India – COLLEGE ROAD, HOSPET is SBIN0011347. The first four letters SBIN are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 011347 map to this branch in HOSPET, KARNATAKA.

About the bank

State Bank of India serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its College Road, Hospet branch in Hospet, Karnataka is part of this network and uses the IFSC code SBIN0011347 for all electronic settlement.

Branch details at a glance

College Road, Hospet branch overview

Located at COLLEGE ROAD,HOSPET,PARWAZ PLAZA,V N COLLEGE ROD,HOSPET,DISTBELLARY583201, the College Road, Hospet branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC SBIN0011347 is required for all interbank electronic transfers routed through this branch.

Why every State Bank of India branch has a unique IFSC

Before electronic settlement systems went live in India, money transfers between banks relied heavily on demand drafts, mail transfers and telegraphic transfers. These older instruments routinely took days to clear and were prone to misrouting because there was no single machine-readable identifier for a branch. The Reserve Bank of India solved this by issuing each participating branch — including COLLEGE ROAD, HOSPET of State Bank of India — its own 11-character IFSC. The code SBIN0011347 is therefore not just an internal reference; it is the digital postcode that lets the RBI's NEFT, RTGS and IMPS rails route funds straight to the right branch ledger without any human intervention.

Today, almost every salary credit, vendor payment, refund and EMI deduction in the country flows through this network, which is exactly why a correct IFSC matters so much. A wrong character can either bounce the transfer or send it to the wrong branch, and reversing such a credit is a manual, time-consuming process. Treat IFSC SBIN0011347 the same way you would treat your account number — verify it once and save it carefully for future use.

Products and account variants supported

Every account opened at the College Road, Hospet branch is mapped to IFSC SBIN0011347 on the RBI payments network. The branch generally supports the full retail product catalogue of State Bank of India, including:

• Resident savings accounts and salary accounts
• Current accounts for businesses and professionals
• Fixed deposits, recurring deposits and tax-saver deposits
• Demand drafts, banker's cheques and pay orders
• Retail loans — personal, vehicle, education, gold and home
• Credit cards and overdraft facilities (subject to eligibility)
• Third-party investment products such as mutual funds and insurance (through tie-ups)

Whichever product you choose, the IFSC for incoming credits remains SBIN0011347.

Products and services

Customers walking into the College Road, Hospet branch can access most of State Bank of India's standard product suite, including:

• Account opening – savings, current, NRI, salary
• Term deposits and recurring deposits
• Retail and small-business loans
• Insurance and mutual-fund tie-ups
• Locker, safe deposit and ATM card services
• Online and mobile banking activation
• Electronic transfers via IFSC SBIN0011347

How to transfer money using IFSC SBIN0011347

Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC SBIN0011347 across all three.

How to use IFSC SBIN0011347 for an NEFT transfer

NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to State Bank of India's COLLEGE ROAD, HOSPET branch. NEFT now settles on a 24x7 basis in half-hourly batches and has no upper limit for retail customers (individual banks may impose their own caps).

1. Log in to your internet banking or mobile banking app.
2. Choose Add Beneficiary and select NEFT / Other Bank.
3. Enter the beneficiary name, account number and the IFSC SBIN0011347.
4. Confirm the bank name auto-populates as State Bank of India and the branch as COLLEGE ROAD, HOSPET.
5. Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.

Real-Time Gross Settlement to COLLEGE ROAD, HOSPET

If you need to transfer ₹2 lakh or more in one go to an account at State Bank of India's COLLEGE ROAD, HOSPET branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC SBIN0011347 while initiating the transfer and the credit will appear within minutes.

IMPS to State Bank of India COLLEGE ROAD, HOSPET (IFSC SBIN0011347)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC SBIN0011347 in your mobile or internet banking app, and the money is credited to the COLLEGE ROAD, HOSPET branch account within seconds.

NEFT vs RTGS vs IMPS — which one should you use?

All three modes accept the IFSC SBIN0011347 for State Bank of India – COLLEGE ROAD, HOSPET, but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.

For most retail customers crediting the College Road, Hospet branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.

UPI payments and IFSC SBIN0011347

UPI (Unified Payments Interface) has become the default way for individuals to send money in India. While most UPI transactions are addressed using a Virtual Payment Address (VPA) like name@bank, the underlying account at State Bank of India – COLLEGE ROAD, HOSPET is still mapped to IFSC SBIN0011347. When a customer links a savings or current account to a UPI app for the first time, the app silently looks up this IFSC against the account number to verify the account exists. The VPA acts as a friendly alias on top of the same plumbing.

If a UPI transfer to or from this branch fails, the most common reasons are an inactive UPI handle, a daily limit breach or a temporary outage at one of the participating banks — not the IFSC. You can always fall back to NEFT or IMPS using the IFSC SBIN0011347 and the beneficiary's account number to complete the transfer.

Online banking and IFSC SBIN0011347

State Bank of India customers can register for net banking and the bank's official mobile app once their account at the COLLEGE ROAD, HOSPET branch is active. Net banking lets you view balances, download statements, open fixed deposits, request cheque books and initiate NEFT/RTGS/IMPS transfers — all without setting foot in the branch. The IFSC SBIN0011347 is pre-filled by the bank for transfers originating from your own account, and you only need to enter it manually when adding an external beneficiary or sharing your account details with a third party.

MICR & cheque-truncation details

Cheques drawn on the College Road, Hospet branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC SBIN0011347 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

Things to verify before sending money

Banking errors are usually small typos that snowball into delayed credits and customer-care follow-ups. Use this short checklist before you confirm any transfer to State Bank of India – COLLEGE ROAD, HOSPET:

• The IFSC is exactly SBIN0011347 with no extra spaces.
• The beneficiary's account number matches what they shared, digit for digit.
• The portal auto-fills State Bank of India as the bank name and COLLEGE ROAD, HOSPET as the branch.
• The amount and the purpose of payment are correct.
• You have a valid OTP-verifying mobile number on hand.

A 30-second review here saves hours of reconciliation later.

How to reach the College Road, Hospet branch

The branch is located at COLLEGE ROAD,HOSPET,PARWAZ PLAZA,V N COLLEGE ROD,HOSPET,DISTBELLARY583201, which puts it inside Hospet, the broader Bellary district, and the state of Karnataka. To plan your visit:

1. Open Google Maps on your phone and search for “State Bank of India College Road, Hospet branch” — the verified location pin for IFSC SBIN0011347 should appear at the top of the results.
2. Confirm the branch is open by calling the branch contact number before stepping out, especially around public holidays.
3. Carry photo ID and any account-related documents you may need for the transaction you plan to do.

Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC SBIN0011347 and your account number.

Other ways to verify the IFSC code

While this page already lists the verified IFSC SBIN0011347 for State Bank of India – COLLEGE ROAD, HOSPET, you can cross-check the code from any of these sources before initiating a high-value transfer:

• The front of the cheque book issued by the branch – the IFSC is printed at the top of every leaf.
• The first page of your passbook.
• The bank's official website under the branch locator.
• The Reserve Bank of India's IFSC search portal.
• Net banking dashboards usually display the home-branch IFSC under account details.

Branch banking hours and holidays

Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The College Road, Hospet branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC SBIN0011347, however, work 24x7.

Branch address & contact

Frequently asked questions

Final notes

To recap: SBIN0011347 is the IFSC code of State Bank of India, COLLEGE ROAD, HOSPET branch, in HOSPET, KARNATAKA. It is required for every electronic transfer to an account held at this branch. We keep this page updated with the latest address and contact details, so you can rely on the information here for your day-to-day banking needs.