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 Cac Banka branch in Banka, Banka, or Bihar, 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 Banka or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code SBIN0062155. 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, Cac Banka, Banka
The table below shows the main details of the IFSC Code SBIN0062155 for the State Bank Of India branch in Banka, which falls under the Banka district in Bihar.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0062155 |
| Branch | Cac Banka |
| City | Banka |
| District | Banka |
| State | Bihar |
| Address | Cac Banka,State Bank Of India Sakuntala Market Banka,813102 |
These details are crucial, not just for online banking users but also for businesses and individuals who use State Bank Of India in Banka for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0062155 for the Cac Banka 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 provided by the Reserve Bank of India. Every bank branch, including State Bank Of India located in Cac Banka, Banka, Bihar, is provided with a unique IFSC like SBIN0062155 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 Banka.
- 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 Banka and Banka.
- 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 Bihar and the rest of India and the IFSC Code ensures that transactions meant for State Bank Of India in Cac Banka do not get mixed with another location.
Format of the IFSC Code SBIN0062155
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 Cac Banka in Banka.
For example, the IFSC Code SBIN0062155 of State Bank Of India for the Cac Banka branch includes these elements, identifying the bank and the branch location in Banka and Bihar accurately.
How to Find IFSC Code for State Bank Of India?
If you are looking for the IFSC Code SBIN0062155 of State Bank Of India for its Cac Banka branch located in Banka, 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 Banka and Banka, 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 Cac Banka or Banka to get the exact IFSC Code SBIN0062155.
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 Banka, then it will provide you proper information.
How to Use IFSC Code SBIN0062155 for Online Transfers?
Once you have the IFSC Code SBIN0062155 for the Cac Banka branch of State Bank Of India in Banka, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0062155. 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 SBIN0062155.
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 Cac Banka in Banka, it can result in delayed or failed transactions.
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 Cac Banka, here are some ways that 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.
If you know both IFSC and MICR codes, then it can help account holders in Banka manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0062155.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Cac Banka,State Bank Of India Sakuntala Market Banka,813102 located in Banka, Banka, Bihar.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.