The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of State Bank Of India for its Panuria branch in Bardhaman, Barddhaman, West Bengal, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of State Bank Of India located in Bardhaman or anywhere in West Bengal can transfer funds instantly by using the correct IFSC Code SBIN0008543. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for State Bank Of India, Panuria, Bardhaman

The table below shows the main details of the IFSC Code SBIN0008543 for the State Bank Of India branch in Bardhaman, which falls under the Barddhaman district in West Bengal.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0008543
Branch Panuria
City Bardhaman
District Barddhaman
State West Bengal
Address Dist Burdwan,West Bengal 713359

These details help users in online banking and for businesses and individuals who use State Bank Of India in Bardhaman for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0008543 for the Panuria branch of State Bank Of India has a very 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, along with State Bank Of India located in Panuria, Bardhaman, West Bengal, are given a unique IFSC like SBIN0008543 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

It helps ensure that any money sent to State Bank Of India in Panuria goes to the correct branch. This is important because State Bank Of India has thousands of branches in West Bengal and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code SBIN0008543

The format of the IFSC Code for banks, including State Bank Of India, has 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 Panuria in Bardhaman.

For example, the IFSC Code SBIN0008543 of State Bank Of India for the Panuria branch includes these elements, identifying the bank and the branch location in Bardhaman and West Bengal correctly.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0008543 of State Bank Of India for its Panuria branch located in Bardhaman, the following methods can help:

Cheque Book

The cheque books that are issued by State Bank Of India include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including State Bank Of India branches in Bardhaman and Barddhaman, 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 find the branch locator section. Search for Panuria or Bardhaman to get the exact IFSC Code SBIN0008543.

Mobile Banking App

If you use State Bank Of India's mobile app, you can easily 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 to help you in searching for State Bank Of India and Bardhaman that will provide accurate information.

How to Use IFSC Code SBIN0008543 for Online Transfers?

If you have the IFSC Code SBIN0008543 for the Panuria branch of State Bank Of India in Bardhaman, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0008543. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. Asks for the recipient's account details and State Bank Of India IFSC Code SBIN0008543.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for State Bank Of India Panuria in Bardhaman, it may 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 Panuria, 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 Bardhaman 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 in Panuria, Bardhaman?

The IFSC Code is SBIN0008543.

Is the IFSC Code SBIN0008543 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

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

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

What is the full address of the Panuria branch?

The address of the branch is Dist Burdwan,West Bengal 713359 located in Bardhaman, Barddhaman, 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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