IFSC Code of State Bank Of India, Raina, Raina, West Bengal — SBIN0016378

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 Raina branch in Burdwan, Raina, or West Bengal, 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 Burdwan or anywhere in West Bengal can transfer funds instantly by using the correct IFSC Code SBIN0016378. 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, Raina, Burdwan

The table below shows the main details of the IFSC Code SBIN0016378 for the State Bank Of India branch in Burdwan, which falls under the Raina district in West Bengal.

These details are important not only for users using online banking but also for businesses and individuals who use State Bank Of India in Burdwan for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0016378 for the Raina 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, including State Bank Of India located in Raina, Burdwan, West Bengal, is provided with a unique IFSC like SBIN0016378 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It uniquely identifies the State Bank Of India branch in Burdwan.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It avoids any errors or confusions between multiple branches of the same bank across different places like Burdwan and Raina.
• It reduces errors in fund transfers and improves accuracy.
• It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across West Bengal and the rest of India and the IFSC Code ensures that transactions meant for State Bank Of India in Raina do not get mixed with another location.

Format of the IFSC Code SBIN0016378

This is the format of the IFSC Code for banks, including State Bank Of India, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

• First 4 characters (AAAA): This is the bank code. For State Bank Of India, these characters are the bank's short identifier.
• 5th character (0): This stays zero till there is any future use.
• Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Raina in Burdwan.

For example, the IFSC Code SBIN0016378 of State Bank Of India for the Raina 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?

To find the IFSC Code SBIN0016378 of State Bank Of India for its Raina branch located in Burdwan, the following methods can help you out:

Cheque Book

The cheque book issued by State Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.

Passbook

Most banks, including State Bank Of India branches in Burdwan and Raina, 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 go to the branch locator section. Then search for Raina or Burdwan to find the exact IFSC Code SBIN0016378.

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 maintains an updated database of all IFSC codes. Searching for State Bank Of India and Burdwan will provide accurate information.

How to Use IFSC Code SBIN0016378 for Online Transfers?

If you have the IFSC Code SBIN0016378 for the Raina 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 SBIN0016378. 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 SBIN0016378.

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 Raina in Burdwan, it may 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 Raina, 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 Burdwan manage online transfers as well as cheque clearances with ease.