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 Paravadi branch in Bhavnagar, Paravadi, Gujarat, 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 Bhavnagar or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code SBIN0013475. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for State Bank Of India, Paravadi, Bhavnagar

Below in the table are the key details related to IFSC Code SBIN0013475 of State Bank Of India for its branch located in Bhavnagar, within the district of Paravadi in the state of Gujarat.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0013475
Branch Paravadi
City Bhavnagar
District Paravadi
State Gujarat
Address Taluka Gariyadhar,Dist Bhavnagar 364275

These details are important not only for users using online banking but also for businesses and individuals who use State Bank Of India in Bhavnagar for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0013475 for the Paravadi branch of State Bank Of India is vital.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including State Bank Of India located in Paravadi, Bhavnagar, Gujarat, is provided a unique IFSC like SBIN0013475 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the State Bank Of India branch in Bhavnagar.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Bhavnagar and Paravadi.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Gujarat and the rest of India, the IFSC Code ensures that transactions meant for State Bank Of India in Paravadi do not get misguided to another person.

Format of the IFSC Code SBIN0013475

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): These represent the bank code. In State Bank Of India, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Paravadi in Bhavnagar.

For example, the IFSC Code SBIN0013475 of State Bank Of India for the Paravadi branch has these elements, identifying the bank and the branch location in Bhavnagar and Gujarat correctly.

How to Find IFSC Code for State Bank Of India?

If you are looking for the IFSC Code SBIN0013475 of State Bank Of India for its Paravadi branch located in Bhavnagar, 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 Bhavnagar and Paravadi, 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 Paravadi or Bhavnagar to get the exact IFSC Code SBIN0013475.

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 Bhavnagar, then it will provide you proper information.

How to Use IFSC Code SBIN0013475 for Online Transfers?

Once you have the IFSC Code SBIN0013475 for the Paravadi branch of State Bank Of India in Bhavnagar, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0013475. 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 SBIN0013475.

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 Paravadi in Bhavnagar, 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 Paravadi, 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 Bhavnagar 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 Paravadi, Bhavnagar?

The IFSC Code is SBIN0013475.

Is the IFSC Code SBIN0013475 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 Paravadi?

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 Paravadi branch?

The address of the branch is Taluka Gariyadhar,Dist Bhavnagar 364275 located in Bhavnagar, Paravadi, Gujarat.

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.