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 Pirpainti branch in Bhagalpur, Bhagalpur, Bihar, 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 Bhagalpur or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code SBIN0002994. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for State Bank Of India, Pirpainti, Bhagalpur
Here are the key points that are associated with the IFSC Code SBIN0002994 of State Bank Of India for its branch located in Bhagalpur, within the district of Bhagalpur in the state of Bihar.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0002994 |
| Branch | Pirpainti |
| City | Bhagalpur |
| District | Bhagalpur |
| State | Bihar |
| Address | Dist,Bhagalpurstate,Biharpin,813209,0 |
These details are important not only for users using online banking but also for businesses and individuals who use State Bank Of India in Bhagalpur for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0002994 for the Pirpainti 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, along with State Bank Of India located in Pirpainti, Bhagalpur, Bihar, are allotted a unique IFSC like SBIN0002994 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Bhagalpur.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Bhagalpur and Bhagalpur.
- 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 Pirpainti reaches the right place, even though there are thousands of branches in Bihar and across India.
Format of the IFSC Code SBIN0002994
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 Pirpainti in Bhagalpur.
For example, the IFSC Code SBIN0002994 of State Bank Of India for the Pirpainti branch includes these elements, identifying the bank and the branch location in Bhagalpur and Bihar accurately.
How to Find IFSC Code for State Bank Of India?
If you are trying to find the IFSC Code SBIN0002994 of State Bank Of India for its Pirpainti branch located in Bhagalpur, the following methods can help:
Cheque Book
The cheque book issued by State Bank Of India includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
You can easily find the IFSC and MICR codes because most banks, including State Bank Of India branches in Bhagalpur and Bhagalpur, print them on the first page of your passbook.
Bank Website
Visit the official website of State Bank Of India and navigate to the branch locator section. Search for Pirpainti or Bhagalpur to get the exact IFSC Code SBIN0002994.
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 keeps an updated list of all IFSC codes. If you search for State Bank Of India and Bhagalpur, you'll get the correct details.
How to Use IFSC Code SBIN0002994 for Online Transfers?
Once you have the IFSC Code SBIN0002994 for the Pirpainti branch of State Bank Of India in Bhagalpur, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0002994. 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 SBIN0002994.
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 Pirpainti in Bhagalpur, 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 Pirpainti, 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 Bhagalpur manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0002994.
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 Dist,Bhagalpurstate,Biharpin,813209,0 located in Bhagalpur, Bhagalpur, Bihar.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.