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 Chaubattia branch in Almora, Chaubattia, Uttarakhand, 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 Almora or anywhere in Uttarakhand can easily transfer funds instantly by using the correct IFSC Code SBIN0017343. 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, Chaubattia, Almora

Below in the table are the key details related to IFSC Code SBIN0017343 of State Bank Of India for its branch located in Almora, within the district of Chaubattia in the state of Uttarakhand.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0017343
Branch Chaubattia
City Almora
District Chaubattia
State Uttarakhand
Address Chaubattia Pathak Bhawan,Post Office Chaubattia,Tahsil Ranikhet,Distt.Almora.Uttarakhand 263651

These details are important not only for users using online banking but also for businesses and individuals who use State Bank Of India in Almora for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0017343 for the Chaubattia branch of State Bank Of India is vital.

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, along with State Bank Of India located in Chaubattia, Almora, Uttarakhand, are given a unique IFSC like SBIN0017343 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Almora.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents any kind of confusion between different branches of the same bank in places like Almora and Chaubattia.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to State Bank Of India in Chaubattia goes to the correct branch. This is important because State Bank Of India has thousands of branches in Uttarakhand and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code SBIN0017343

The format of the IFSC Code for banks, including State Bank Of India, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): These represent the bank code. In State Bank Of India, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Chaubattia in Almora.

For example, the IFSC Code SBIN0017343 of State Bank Of India for the Chaubattia branch has these elements, identifying the bank and the branch location in Almora and Uttarakhand correctly.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0017343 of State Bank Of India for its Chaubattia branch located in Almora, the following methods can help:

Cheque Book

The cheque book issued by State Bank Of India includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

Most banks, including State Bank Of India branches in Almora and Chaubattia, print the IFSC and MICR codes on the first page of your passbook.

Bank Website

Visit the official website of State Bank Of India and navigate to the branch locator section. Search for Chaubattia or Almora to get the exact IFSC Code SBIN0017343.

Mobile Banking App

If you use State Bank Of India's mobile app, you can check your account details to find your branch's IFSC code.

RBI Website

The Reserve Bank of India keeps an updated list of all IFSC codes. If you search for State Bank Of India and Almora, you'll get the correct details.

How to Use IFSC Code SBIN0017343 for Online Transfers?

Once you have the IFSC Code SBIN0017343 for the Chaubattia branch of State Bank Of India in Almora, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0017343. 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 SBIN0017343.

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 Chaubattia in Almora, it can result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of State Bank Of India in Chaubattia, here are some of the ways you can get 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.

Knowing both IFSC and MICR code can help account holders in Almora manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India Chaubattia Almora?

The IFSC Code of the Chaubattia Almora branch is SBIN0017343.

Is IFSC Code SBIN0017343 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the State Bank Of India Chaubattia branch?

The branch is located at Chaubattia Pathak Bhawan,Post Office Chaubattia,Tahsil Ranikhet,Distt.Almora.Uttarakhand 263651.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.