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 Chalkari branch in Bokaro, Chalkari, Jharkhand, 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 Bokaro or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code SBIN0007264. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for State Bank Of India, Chalkari, Bokaro

Below in the table are the key details related to IFSC Code SBIN0007264 of State Bank Of India for its branch located in Bokaro, within the district of Chalkari in the state of Jharkhand.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0007264
Branch Chalkari
City Bokaro
District Chalkari
State Jharkhand
Address Pochalkari,Dt Bokaro,Jharkhand 829127

These details are important not only for users using online banking but also for businesses and individuals who use State Bank Of India in Bokaro for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0007264 for the Chalkari 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 Chalkari, Bokaro, Jharkhand, are allotted a unique IFSC like SBIN0007264 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Bokaro.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Bokaro and Chalkari.
  • 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 Chalkari reaches the right place, even though there are thousands of branches in Jharkhand and across India.

Format of the IFSC Code SBIN0007264

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 Chalkari in Bokaro.

For example, the IFSC Code SBIN0007264 of State Bank Of India for the Chalkari branch has these elements, identifying the bank and the branch location in Bokaro and Jharkhand correctly.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0007264 of State Bank Of India for its Chalkari branch located in Bokaro, 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

Most banks, including State Bank Of India branches in Bokaro and Chalkari, print the IFSC and MICR codes 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 Chalkari or Bokaro to get the exact IFSC Code SBIN0007264.

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 Bokaro, you'll get the correct details.

How to Use IFSC Code SBIN0007264 for Online Transfers?

Once you have the IFSC Code SBIN0007264 for the Chalkari branch of State Bank Of India in Bokaro, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0007264. 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 SBIN0007264.

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 Chalkari in Bokaro, 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 Chalkari, 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 Bokaro 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 Chalkari, Bokaro?

The IFSC Code is SBIN0007264.

Is the IFSC Code SBIN0007264 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

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

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Chalkari branch?

The address of the branch is Pochalkari,Dt Bokaro,Jharkhand 829127 located in Bokaro, Chalkari, Jharkhand.

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.