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 Mulagaon branch in Bongaigaon, Mulagaon, or Assam, 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 Bongaigaon or anywhere in Assam can transfer funds instantly by using the correct IFSC Code SBIN0009437. 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, Mulagaon, Bongaigaon
Below in the table are the key details related to IFSC Code SBIN0009437 of State Bank Of India for its branch located in Bongaigaon, within the district of Mulagaon in the state of Assam.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0009437 |
| Branch | Mulagaon |
| City | Bongaigaon |
| District | Mulagaon |
| State | Assam |
| Address | Dist Bongaigaon,Assam 783380 |
These details helps users in online banking and for businesses and individuals who use State Bank Of India in Bongaigaon for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0009437 for the Mulagaon branch of State Bank Of India plays a vital 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, along with State Bank Of India located in Mulagaon, Bongaigaon, Assam, are allotted a unique IFSC like SBIN0009437 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Bongaigaon.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Bongaigaon and Mulagaon.
- 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 Mulagaon reaches the right place, even though there are thousands of branches in Assam and across India.
Format of the IFSC Code SBIN0009437
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 Mulagaon in Bongaigaon.
For example, the IFSC Code SBIN0009437 of State Bank Of India for the Mulagaon branch includes these elements, identifying the bank and the branch location in Bongaigaon and Assam correctly.
How to Find IFSC Code for State Bank Of India?
If you are looking for the IFSC Code SBIN0009437 of State Bank Of India for its Mulagaon branch located in Bongaigaon, 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 Bongaigaon and Mulagaon, 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 Mulagaon or Bongaigaon to get the exact IFSC Code SBIN0009437.
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 Bongaigaon, then it will provide you proper information.
How to Use IFSC Code SBIN0009437 for Online Transfers?
Once you have the IFSC Code SBIN0009437 for the Mulagaon branch of State Bank Of India in Bongaigaon, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0009437. 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 SBIN0009437.
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 Mulagaon in Bongaigaon, it can result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of State Bank Of India in Mulagaon, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official State Bank Of India website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Bongaigaon manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0009437.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Dist Bongaigaon,Assam 783380 located in Bongaigaon, Mulagaon, Assam.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.