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 Parade Chouraha,Bhind branch in Bhind, Bhind, or Madhya Pradesh, 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 Bhind or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code SBIN0030093. 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, Parade Chouraha,Bhind, Bhind

Below in the table are the key details related to IFSC Code SBIN0030093 of State Bank Of India for its branch located in Bhind, within the district of Bhind in the state of Madhya Pradesh.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0030093
Branch Parade Chouraha,Bhind
City Bhind
District Bhind
State Madhya Pradesh
Address Etawah Road,Main Branch

These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in Bhind for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0030093 for the Parade Chouraha,Bhind branch of State Bank Of India plays 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 Parade Chouraha,Bhind, Bhind, Madhya Pradesh, is provided with a unique IFSC like SBIN0030093 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 Bhind.
  • 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 Bhind and Bhind.
  • 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 Madhya Pradesh and the rest of India and the IFSC Code ensures that transactions meant for State Bank Of India in Parade Chouraha,Bhind do not get mixed with another location.

Format of the IFSC Code SBIN0030093

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 Parade Chouraha,Bhind in Bhind.

For example, the IFSC Code SBIN0030093 of State Bank Of India for the Parade Chouraha,Bhind branch has these elements, identifying the bank and the branch location in Bhind and Madhya Pradesh correctly.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0030093 of State Bank Of India for its Parade Chouraha,Bhind branch located in Bhind, 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 Bhind and Bhind, 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 Parade Chouraha,Bhind or Bhind to get the exact IFSC Code SBIN0030093.

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 Bhind that will provide accurate information.

How to Use IFSC Code SBIN0030093 for Online Transfers?

Once you have the IFSC Code SBIN0030093 for the Parade Chouraha,Bhind branch of State Bank Of India in Bhind, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SBIN0030093. 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 SBIN0030093.

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 Parade Chouraha,Bhind in Bhind, 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 Parade Chouraha,Bhind, 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 Bhind manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India in Parade Chouraha,Bhind, Bhind?

The IFSC Code is SBIN0030093.

Is the IFSC Code SBIN0030093 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 Parade Chouraha,Bhind?

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 Parade Chouraha,Bhind branch?

The address of the branch is Etawah Road,Main Branch located in Bhind, Bhind, Madhya Pradesh.

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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