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IFSC Code of State Bank Of India, Rbo Aurangabad, Aurangabad, Bihar — SBIN0063921

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 Rbo Aurangabad branch in Aurangabad, Aurangabad, Bihar, 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 Aurangabad or anywhere in Bihar can easily transfer funds instantly by using the correct IFSC Code SBIN0063921. 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, Rbo Aurangabad, Aurangabad

Below in the table are the key details related to IFSC Code SBIN0063921 of State Bank Of India for its branch located in Aurangabad, within the district of Aurangabad in the state of Bihar.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0063921
Branch Rbo Aurangabad
City Aurangabad
District Aurangabad
State Bihar
Address Sbi Auranagabad Bazar Branch, Near Dharmshala,Old Gt Road, Aurangabad, Pin-824101

These details are crucial, not just for online banking users but also for businesses and individuals who use State Bank Of India in Aurangabad for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0063921 for the Rbo Aurangabad branch of State Bank Of India has an important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like SBIN0063921 is given to every bank branch, including State Bank Of India located in Rbo Aurangabad, Aurangabad, Bihar, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the State Bank Of India branch in Aurangabad.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any kind of confusion between multiple branches of the same bank across different places like Aurangabad and Aurangabad.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Bihar and the rest of India, which is why the IFSC Code ensures that transactions meant for State Bank Of India in Rbo Aurangabad doesn't end up at another location.

Format of the IFSC Code SBIN0063921

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

AAAA0CCCCCC

Here's the breakdown of this:

  • First 4 characters (AAAA): Represent the bank code. For State Bank Of India, these characters are the bank's short identifier.
  • 5th character (0): Always zero which is reserved for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Rbo Aurangabad in Aurangabad.

For example, the IFSC Code SBIN0063921 of State Bank Of India for the Rbo Aurangabad branch includes these elements, identifying the bank and the branch location in Aurangabad and Bihar accurately.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0063921 of State Bank Of India for its Rbo Aurangabad branch located in Aurangabad, 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 Aurangabad and Aurangabad, 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 Rbo Aurangabad or Aurangabad to get the exact IFSC Code SBIN0063921.

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 Aurangabad, you'll get the correct details.

How to Use IFSC Code SBIN0063921 for Online Transfers?

Once you have the IFSC Code SBIN0063921 for the Rbo Aurangabad branch of State Bank Of India in Aurangabad, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SBIN0063921. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 SBIN0063921.

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 Rbo Aurangabad in Aurangabad, your payment can get delayed or might not go through at all.

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 Rbo Aurangabad, 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 Aurangabad to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India Rbo Aurangabad Aurangabad?

The IFSC Code of the Rbo Aurangabad Aurangabad branch is SBIN0063921.

Is IFSC Code SBIN0063921 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 Rbo Aurangabad branch?

The branch is located at Sbi Auranagabad Bazar Branch, Near Dharmshala,Old Gt Road, Aurangabad, Pin-824101.

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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