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 Dsh Fimm Banda branch in Banda, Banda, Uttar Pradesh, 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 Banda or anywhere in Uttar Pradesh can transfer funds instantly by using the correct IFSC Code SBIN0063131. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for State Bank Of India, Dsh Fimm Banda, Banda
Below in the table are the key details related to IFSC Code SBIN0063131 of State Bank Of India for its branch located in Banda, within the district of Banda in the state of Uttar Pradesh.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0063131 |
| Branch | Dsh Fimm Banda |
| City | Banda |
| District | Banda |
| State | Uttar Pradesh |
| Address | Amar Cinema Complex, Near Babulal Chauraha, Goolar Naka, Banda 210001 |
These details are important not only for users using online banking but also for businesses and individuals who use State Bank Of India in Banda for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0063131 for the Dsh Fimm Banda 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, including State Bank Of India located in Dsh Fimm Banda, Banda, Uttar Pradesh, is provided with a unique IFSC like SBIN0063131 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 Banda.
- 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 Banda and Banda.
- 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 Uttar Pradesh and the rest of India and the IFSC Code ensures that transactions meant for State Bank Of India in Dsh Fimm Banda do not get mixed with another location.
Format of the IFSC Code SBIN0063131
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 Dsh Fimm Banda in Banda.
For example, the IFSC Code SBIN0063131 of State Bank Of India for the Dsh Fimm Banda branch includes these elements, identifying the bank and the branch location in Banda and Uttar Pradesh accurately.
How to Find IFSC Code for State Bank Of India?
To find the IFSC Code SBIN0063131 of State Bank Of India for its Dsh Fimm Banda branch located in Banda, the following methods can help you out:
Cheque Book
The cheque book issued by State Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including State Bank Of India branches in Banda and Banda, 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 go to the branch locator section. Then search for Dsh Fimm Banda or Banda to find the exact IFSC Code SBIN0063131.
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 maintains an updated database of all IFSC codes. Searching for State Bank Of India and Banda will provide accurate information.
How to Use IFSC Code SBIN0063131 for Online Transfers?
Once you have the IFSC Code SBIN0063131 for the Dsh Fimm Banda branch of State Bank Of India in Banda, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SBIN0063131. 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 SBIN0063131.
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 Dsh Fimm Banda in Banda, 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 Dsh Fimm Banda, 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 Banda manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0063131.
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 Amar Cinema Complex, Near Babulal Chauraha, Goolar Naka, Banda 210001 located in Banda, Banda, Uttar Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.