There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of State Bank Of India for its Khatla branch in Aizawl, Aizawl, Mizoram, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of State Bank Of India situated in Aizawl or anywhere in Mizoram can easily transfer funds instantly by using the correct IFSC Code SBIN0017397. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for State Bank Of India, Khatla, Aizawl
Here are the key points that are associated with the IFSC Code SBIN0017397 of State Bank Of India for its branch located in Aizawl, within the district of Aizawl in the state of Mizoram.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0017397 |
| Branch | Khatla |
| City | Aizawl |
| District | Aizawl |
| State | Mizoram |
| Address | State Bank Of India Khatla Khatla Kawn Aizawl Disttaizawl Mizoram796001 |
These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in Aizawl for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0017397 for the Khatla branch of State Bank Of India plays an important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including State Bank Of India located in Khatla, Aizawl, Mizoram, is provided with a unique IFSC like SBIN0017397 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the State Bank Of India branch in Aizawl.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Aizawl and Aizawl.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Mizoram and the rest of India and the IFSC Code ensures that transactions meant for State Bank Of India in Khatla do not get mixed with another location.
Format of the IFSC Code SBIN0017397
The format of the IFSC Code for banks, including State Bank Of India, has an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For State Bank Of India, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Khatla in Aizawl.
For example, the IFSC Code SBIN0017397 of State Bank Of India for the Khatla branch includes these elements, identifying the bank and the branch location in Aizawl and Mizoram correctly.
How to Find IFSC Code for State Bank Of India?
If you are trying to find the IFSC Code SBIN0017397 of State Bank Of India for its Khatla branch located in Aizawl, the following methods can help:
Cheque Book
The cheque books that are issued by State Bank Of India include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including State Bank Of India branches in Aizawl and Aizawl, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of State Bank Of India and find the branch locator section. Search for Khatla or Aizawl to get the exact IFSC Code SBIN0017397.
Mobile Banking App
If you use State Bank Of India's mobile app, you can easily check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for State Bank Of India and Aizawl that will provide accurate information.
How to Use IFSC Code SBIN0017397 for Online Transfers?
Once you have the IFSC Code SBIN0017397 for the Khatla branch of State Bank Of India in Aizawl, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0017397. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and State Bank Of India IFSC Code SBIN0017397.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for State Bank Of India Khatla in Aizawl, it can result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of State Bank Of India in Khatla, here are some ways to obtain it:
- Check the bottom of your cheque leaf.
- Refer to the first page of your passbook.
- Visit the official State Bank Of India website.
- Search the RBI portal.
Having both the IFSC and MICR codes makes it easy for account holders in Aizawl to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0017397.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is State Bank Of India Khatla Khatla Kawn Aizawl Disttaizawl Mizoram796001 located in Aizawl, Aizawl, Mizoram.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.