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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of State Bank Of India for its Forest Camp Midc, Chandrapur branch in Chandrapur, Chandrapur, Maharashtra, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of State Bank Of India located in Chandrapur or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code SBIN0007676. 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, Forest Camp Midc, Chandrapur, Chandrapur

The table below shows the main details of the IFSC Code SBIN0007676 for the State Bank Of India branch in Chandrapur, which falls under the Chandrapur district in Maharashtra.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0007676
Branch Forest Camp Midc, Chandrapur
City Chandrapur
District Chandrapur
State Maharashtra
Address Dist Chandrapur, Maharashtra 442 406

These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in Chandrapur for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0007676 for the Forest Camp Midc, Chandrapur branch of State Bank Of India plays an 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, including State Bank Of India located in Forest Camp Midc, Chandrapur, Chandrapur, Maharashtra, is provided with a unique IFSC like SBIN0007676 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 Chandrapur.
  • 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 Chandrapur and Chandrapur.
  • 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 Maharashtra and the rest of India and the IFSC Code ensures that transactions meant for State Bank Of India in Forest Camp Midc, Chandrapur do not get mixed with another location.

Format of the IFSC Code SBIN0007676

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): These represent the bank code. In State Bank Of India, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Forest Camp Midc, Chandrapur in Chandrapur.

For example, the IFSC Code SBIN0007676 of State Bank Of India for the Forest Camp Midc, Chandrapur branch has these elements, identifying the bank and the branch location in Chandrapur and Maharashtra correctly.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0007676 of State Bank Of India for its Forest Camp Midc, Chandrapur branch located in Chandrapur, 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 Chandrapur and Chandrapur, 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 Forest Camp Midc, Chandrapur or Chandrapur to get the exact IFSC Code SBIN0007676.

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 Chandrapur, you'll get the correct details.

How to Use IFSC Code SBIN0007676 for Online Transfers?

Once you have the IFSC Code SBIN0007676 for the Forest Camp Midc, Chandrapur branch of State Bank Of India in Chandrapur, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0007676. 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 SBIN0007676.

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 Forest Camp Midc, Chandrapur in Chandrapur 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 Forest Camp Midc, Chandrapur, 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 Chandrapur to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India in Forest Camp Midc, Chandrapur, Chandrapur?

The IFSC Code is SBIN0007676.

Is the IFSC Code SBIN0007676 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of State Bank Of India Forest Camp Midc, Chandrapur?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Forest Camp Midc, Chandrapur branch?

The address of the branch is Dist Chandrapur, Maharashtra 442 406 located in Chandrapur, Chandrapur, Maharashtra.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

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