IFSC Code of State Bank Of India, Burnpur Bazar, Durgapur, West Bengal- SBIN0016770

For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of State Bank Of India for its Burnpur Bazar branch in Burdwan, Durgapur, West Bengal, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of State Bank Of India located in Burdwan or anywhere in West Bengal can transfer funds instantly by using the correct IFSC Code SBIN0016770. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for State Bank Of India, Burnpur Bazar, Burdwan

Below in the table are the key details related to IFSC Code SBIN0016770 of State Bank Of India for its branch located in Burdwan, within the district of Durgapur in the state of West Bengal.

These details help users in online banking and for businesses and individuals who use State Bank Of India in Burdwan for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0016770 for the Burnpur Bazar 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including State Bank Of India located in Burnpur Bazar, Burdwan, West Bengal, is provided a unique IFSC like SBIN0016770 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 Burdwan.
• 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 Burdwan and Durgapur.
• 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 Burnpur Bazar do not get misguided to another person.

Format of the IFSC Code SBIN0016770

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): 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 Burnpur Bazar in Burdwan.

For example, the IFSC Code SBIN0016770 of State Bank Of India for the Burnpur Bazar branch includes these elements, identifying the bank and the branch location in Burdwan and West Bengal accurately.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0016770 of State Bank Of India for its Burnpur Bazar branch located in Burdwan, 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 Burdwan and Durgapur, 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 Burnpur Bazar or Burdwan to get the exact IFSC Code SBIN0016770.

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 Burdwan, you'll get the correct details.

How to Use IFSC Code SBIN0016770 for Online Transfers?

If you have the IFSC Code SBIN0016770 for the Burnpur Bazar branch of State Bank Of India in Burdwan, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0016770. 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 SBIN0016770.

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 Burnpur Bazar in Burdwan, 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 Burnpur Bazar, 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 Burdwan to handle online money transfers and get their cheques cleared smoothly.