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 Rohtak Gate, Bhiwani branch in Bhiwani, Bhiwani, Haryana, 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 Bhiwani or anywhere in Haryana can easily transfer funds instantly by using the correct IFSC Code SBIN0016673. 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, Rohtak Gate, Bhiwani, Bhiwani
The table below shows the main details of the IFSC Code SBIN0016673 for the State Bank Of India branch in Bhiwani, which falls under the Bhiwani district in Haryana.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0016673 |
| Branch | Rohtak Gate, Bhiwani |
| City | Bhiwani |
| District | Bhiwani |
| State | Haryana |
| Address | 248 A, Ward No.6, Main Road, Near Rohtak Gate, Dist Bhiwani, Haryana 127021 |
These details help users in online banking and for businesses and individuals who use State Bank Of India in Bhiwani for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0016673 for the Rohtak Gate, Bhiwani 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, including State Bank Of India located in Rohtak Gate, Bhiwani, Bhiwani, Haryana, is provided with a unique IFSC like SBIN0016673 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 Bhiwani.
- 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 Bhiwani and Bhiwani.
- 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 Haryana and the rest of India and the IFSC Code ensures that transactions meant for State Bank Of India in Rohtak Gate, Bhiwani do not get mixed with another location.
Format of the IFSC Code SBIN0016673
The format of the IFSC Code for banks, including State Bank Of India, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For State Bank Of India, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Rohtak Gate, Bhiwani in Bhiwani.
For example, the IFSC Code SBIN0016673 of State Bank Of India for the Rohtak Gate, Bhiwani branch includes these elements, identifying the bank and the branch location in Bhiwani and Haryana accurately.
How to Find IFSC Code for State Bank Of India?
If you are trying to find the IFSC Code SBIN0016673 of State Bank Of India for its Rohtak Gate, Bhiwani branch located in Bhiwani, 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 Bhiwani and Bhiwani, 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 Rohtak Gate, Bhiwani or Bhiwani to get the exact IFSC Code SBIN0016673.
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 Bhiwani that will provide accurate information.
How to Use IFSC Code SBIN0016673 for Online Transfers?
Once you have the IFSC Code SBIN0016673 for the Rohtak Gate, Bhiwani branch of State Bank Of India in Bhiwani, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0016673. 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 SBIN0016673.
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 Rohtak Gate, Bhiwani in Bhiwani, 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 Rohtak Gate, Bhiwani, 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 Bhiwani to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0016673.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is 248 A, Ward No.6, Main Road, Near Rohtak Gate, Dist Bhiwani, Haryana 127021 located in Bhiwani, Bhiwani, Haryana.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.