For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of State Bank Of India for its Kathyatbara branch in Bageshwar, Bageshwar, Uttarakhand, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of State Bank Of India located in Bageshwar or anywhere in Uttarakhand can transfer funds instantly by using the correct IFSC Code SBIN0017075. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for State Bank Of India, Kathyatbara, Bageshwar
Here are the key points that are associated with the IFSC Code SBIN0017075 of State Bank Of India for its branch located in Bageshwar, within the district of Bageshwar in the state of Uttarakhand.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0017075 |
| Branch | Kathyatbara |
| City | Bageshwar |
| District | Bageshwar |
| State | Uttarakhand |
| Address | Pindari Road,Kathyat Bara,Bageshwar,Distt.Bageshwar.Uttarakhand 263642 |
These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in Bageshwar for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0017075 for the Kathyatbara 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 that is provided by the Reserve Bank of India. A unique IFSC like SBIN0017075 is given to every bank branch, including State Bank Of India located in Kathyatbara, Bageshwar, Uttarakhand, 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 Bageshwar.
- 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 Bageshwar and Bageshwar.
- 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 Uttarakhand and the rest of India, which is why the IFSC Code ensures that transactions meant for State Bank Of India in Kathyatbara doesn't end up at another location.
Format of the IFSC Code SBIN0017075
This is the format of the IFSC Code for banks, including State Bank Of India, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For State Bank Of India, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Kathyatbara in Bageshwar.
For example, the IFSC Code SBIN0017075 of State Bank Of India for the Kathyatbara branch includes these elements, identifying the bank and the branch location in Bageshwar and Uttarakhand accurately.
How to Find IFSC Code for State Bank Of India?
If you are looking for the IFSC Code SBIN0017075 of State Bank Of India for its Kathyatbara branch located in Bageshwar, the following methods can help:
Cheque Book
The cheque book that is issued by State Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including State Bank Of India branches in Bageshwar and Bageshwar, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of State Bank Of India and look for the branch locator section, then search for Kathyatbara or Bageshwar to get the exact IFSC Code SBIN0017075.
Mobile Banking App
If you use State Bank Of India's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for State Bank Of India and Bageshwar, then it will provide you proper information.
How to Use IFSC Code SBIN0017075 for Online Transfers?
Once you have the IFSC Code SBIN0017075 for the Kathyatbara branch of State Bank Of India in Bageshwar, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SBIN0017075. 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 SBIN0017075.
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 Kathyatbara in Bageshwar, your payment can get delayed or might not go through at all.
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 Kathyatbara, 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 Bageshwar manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0017075.
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 Pindari Road,Kathyat Bara,Bageshwar,Distt.Bageshwar.Uttarakhand 263642 located in Bageshwar, Bageshwar, Uttarakhand.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.