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 Bolpur Fimm Dsh branch in Bolpur, Bolpur, West Bengal, 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 Bolpur or anywhere in West Bengal can easily transfer funds instantly by using the correct IFSC Code SBIN0062945. 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, Bolpur Fimm Dsh, Bolpur
Here are the main details that are associated with the IFSC Code SBIN0062945 of State Bank Of India for its branch located in Bolpur, within the district of Bolpur in the state of West Bengal.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0062945 |
| Branch | Bolpur Fimm Dsh |
| City | Bolpur |
| District | Bolpur |
| State | West Bengal |
| Address | Santiniketan Road, Chitra More, Bolpur, Dist Birbhum, West Bengal 731204 |
These details are crucial, not just for online banking users but also for businesses and individuals who use State Bank Of India in Bolpur for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0062945 for the Bolpur Fimm Dsh branch of State Bank Of India has an important role.
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 Bolpur Fimm Dsh, Bolpur, West Bengal, is provided a unique IFSC like SBIN0062945 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 Bolpur.
- 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 Bolpur and Bolpur.
- 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 West Bengal and the rest of India, the IFSC Code ensures that transactions meant for State Bank Of India in Bolpur Fimm Dsh do not get misguided to another person.
Format of the IFSC Code SBIN0062945
The format of the IFSC Code for banks, including State Bank Of India, has an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For State Bank Of India, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Bolpur Fimm Dsh in Bolpur.
For example, the IFSC Code SBIN0062945 of State Bank Of India for the Bolpur Fimm Dsh branch includes these elements, identifying the bank and the branch location in Bolpur and West Bengal correctly.
How to Find IFSC Code for State Bank Of India?
If you are trying to find the IFSC Code SBIN0062945 of State Bank Of India for its Bolpur Fimm Dsh branch located in Bolpur, 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 Bolpur and Bolpur, 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 Bolpur Fimm Dsh or Bolpur to get the exact IFSC Code SBIN0062945.
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 Bolpur, you'll get the correct details.
How to Use IFSC Code SBIN0062945 for Online Transfers?
If you have the IFSC Code SBIN0062945 for the Bolpur Fimm Dsh branch of State Bank Of India in Bolpur, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0062945. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. Asks for the recipient's account details and State Bank Of India IFSC Code SBIN0062945.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for State Bank Of India Bolpur Fimm Dsh in Bolpur, it may 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 Bolpur Fimm Dsh, 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 Bolpur manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0062945.
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 Santiniketan Road, Chitra More, Bolpur, Dist Birbhum, West Bengal 731204 located in Bolpur, Bolpur, West Bengal.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.