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 Patuli Station Bazar branch in Burdwan, Patuli Station Bazar, 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 SBIN0015934. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for State Bank Of India, Patuli Station Bazar, Burdwan
Below in the table are the key details related to IFSC Code SBIN0015934 of State Bank Of India for its branch located in Burdwan, within the district of Patuli Station Bazar in the state of West Bengal.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0015934 |
| Branch | Patuli Station Bazar |
| City | Burdwan |
| District | Patuli Station Bazar |
| State | West Bengal |
| Address | P.O. Patuli Station Bazar, Dist Burdwan, West Bengal 713512 |
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 SBIN0015934 for the Patuli Station 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with State Bank Of India located in Patuli Station Bazar, Burdwan, West Bengal, are given a unique IFSC like SBIN0015934 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Burdwan.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Burdwan and Patuli Station Bazar.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to State Bank Of India in Patuli Station Bazar goes to the correct branch. This is important because State Bank Of India has thousands of branches in West Bengal and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code SBIN0015934
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 Patuli Station Bazar in Burdwan.
For example, the IFSC Code SBIN0015934 of State Bank Of India for the Patuli Station 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 SBIN0015934 of State Bank Of India for its Patuli Station Bazar branch located in Burdwan, 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 Burdwan and Patuli Station Bazar, 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 Patuli Station Bazar or Burdwan to get the exact IFSC Code SBIN0015934.
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 Burdwan that will provide accurate information.
How to Use IFSC Code SBIN0015934 for Online Transfers?
Once you have the IFSC Code SBIN0015934 for the Patuli Station Bazar branch of State Bank Of India in Burdwan, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0015934. Transfers are processed in batches. This is 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. Requires the recipient's account details and State Bank Of India IFSC Code SBIN0015934.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for State Bank Of India Patuli Station Bazar in Burdwan 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 Patuli Station Bazar, 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 Burdwan manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0015934.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is P.O. Patuli Station Bazar, Dist Burdwan, West Bengal 713512 located in Burdwan, Patuli Station Bazar, West Bengal.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.