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 Barikul branch in Bankura, Bankura, West Bengal, 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 Bankura or anywhere in West Bengal can easily transfer funds instantly by using the correct IFSC Code SBIN0017989. 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, Barikul, Bankura

Here are some of the key details that come with the IFSC Code SBIN0017989 of State Bank Of India for its branch located in Bankura, within the district of Bankura in the state of West Bengal.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0017989
Branch Barikul
City Bankura
District Bankura
State West Bengal
Address Barikulgrampanchayatpopsbarikulblockranibandhbankurapin722162Westbengal

These details helps users in online banking and for businesses and individuals who use State Bank Of India in Bankura for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0017989 for the Barikul branch of State Bank Of India plays a vital 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, along with State Bank Of India located in Barikul, Bankura, West Bengal, are allotted a unique IFSC like SBIN0017989 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Bankura.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Bankura and Bankura.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It makes sure that money sent to State Bank Of India in Barikul reaches the right place, even though there are thousands of branches in West Bengal and across India.

Format of the IFSC Code SBIN0017989

The format of the IFSC Code for banks, including State Bank Of India, follows 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 Barikul in Bankura.

For example, the IFSC Code SBIN0017989 of State Bank Of India for the Barikul branch includes these elements, identifying the bank and the branch location in Bankura and West Bengal accurately.

How to Find IFSC Code for State Bank Of India?

To find the IFSC Code SBIN0017989 of State Bank Of India for its Barikul branch located in Bankura, 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 Bankura and Bankura, 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 Barikul or Bankura to find the exact IFSC Code SBIN0017989.

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 Bankura will provide accurate information.

How to Use IFSC Code SBIN0017989 for Online Transfers?

Once you have the IFSC Code SBIN0017989 for the Barikul branch of State Bank Of India in Bankura, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SBIN0017989. 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 SBIN0017989.

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 Barikul in Bankura, 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 Barikul, 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 Bankura manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India in Barikul, Bankura?

The IFSC Code is SBIN0017989.

Is the IFSC Code SBIN0017989 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of State Bank Of India Barikul?

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

What is the full address of the Barikul branch?

The address of the branch is Barikulgrampanchayatpopsbarikulblockranibandhbankurapin722162Westbengal located in Bankura, Bankura, West Bengal.

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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