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IFSC Code of State Bank Of India, Pbb Ashok Nagar, Ashoknagar, Madhya Pradesh — SBIN0061548

Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of State Bank Of India for its Pbb Ashok Nagar branch in Ashoknagar, Ashoknagar, or Madhya Pradesh, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of State Bank Of India located in Ashoknagar or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code SBIN0061548. You should definitely 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, Pbb Ashok Nagar, Ashoknagar

Below in the table are the key details related to IFSC Code SBIN0061548 of State Bank Of India for its branch located in Ashoknagar, within the district of Ashoknagar in the state of Madhya Pradesh.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0061548
Branch Pbb Ashok Nagar
City Ashoknagar
District Ashoknagar
State Madhya Pradesh
Address In Front Of Fci Godown ,Collectorate Road, Ashoknagar, Distt - Ashoknagar-473331

These details are important not only for users using online banking but also for businesses and individuals who use State Bank Of India in Ashoknagar for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0061548 for the Pbb Ashok Nagar 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 Pbb Ashok Nagar, Ashoknagar, Madhya Pradesh, are given a unique IFSC like SBIN0061548 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Ashoknagar.
  • 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 Ashoknagar and Ashoknagar.
  • 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 Pbb Ashok Nagar goes to the correct branch. This is important because State Bank Of India has thousands of branches in Madhya Pradesh and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code SBIN0061548

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 Pbb Ashok Nagar in Ashoknagar.

For example, the IFSC Code SBIN0061548 of State Bank Of India for the Pbb Ashok Nagar branch includes these elements, identifying the bank and the branch location in Ashoknagar and Madhya Pradesh correctly.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0061548 of State Bank Of India for its Pbb Ashok Nagar branch located in Ashoknagar, 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 Ashoknagar and Ashoknagar, 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 Pbb Ashok Nagar or Ashoknagar to get the exact IFSC Code SBIN0061548.

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 Ashoknagar that will provide accurate information.

How to Use IFSC Code SBIN0061548 for Online Transfers?

Once you have the IFSC Code SBIN0061548 for the Pbb Ashok Nagar branch of State Bank Of India in Ashoknagar, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SBIN0061548. The transfer is completed in batches instead of instantly. It is useful for both personal and business payments.

RTGS

Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. Requires the recipient's account details and State Bank Of India IFSC Code SBIN0061548.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the State Bank Of India Pbb Ashok Nagar in Ashoknagar, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of State Bank Of India in Pbb Ashok Nagar, you can find it by any of the following ways:

  • Check the bottom of your cheque leaf.
  • Go to the first page of your passbook.
  • Visit the official State Bank Of India website.
  • Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Ashoknagar manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India in Pbb Ashok Nagar, Ashoknagar?

The IFSC Code is SBIN0061548.

Is the IFSC Code SBIN0061548 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of State Bank Of India Pbb Ashok Nagar?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Pbb Ashok Nagar branch?

The address of the branch is In Front Of Fci Godown ,Collectorate Road, Ashoknagar, Distt - Ashoknagar-473331 located in Ashoknagar, Ashoknagar, Madhya Pradesh.

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.

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