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 Dungla branch in Chittaurgarh, Doongla, or Rajasthan, 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 Chittaurgarh or anywhere in Rajasthan can transfer funds instantly by using the correct IFSC Code SBIN0031243. 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, Dungla, Chittaurgarh
Here are the main details that are associated with the IFSC Code SBIN0031243 of State Bank Of India for its branch located in Chittaurgarh, within the district of Doongla in the state of Rajasthan.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0031243 |
| Branch | Dungla |
| City | Chittaurgarh |
| District | Doongla |
| State | Rajasthan |
| Address | Distt Chittorgarh 312402 |
These details help users in online banking and for businesses and individuals who use State Bank Of India in Chittaurgarh for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0031243 for the Dungla 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 Dungla, Chittaurgarh, Rajasthan, is provided a unique IFSC like SBIN0031243 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 Chittaurgarh.
- 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 Chittaurgarh and Doongla.
- 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 Rajasthan and the rest of India, the IFSC Code ensures that transactions meant for State Bank Of India in Dungla do not get misguided to another person.
Format of the IFSC Code SBIN0031243
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 Dungla in Chittaurgarh.
For example, the IFSC Code SBIN0031243 of State Bank Of India for the Dungla branch includes these elements, identifying the bank and the branch location in Chittaurgarh and Rajasthan accurately.
How to Find IFSC Code for State Bank Of India?
To find the IFSC Code SBIN0031243 of State Bank Of India for its Dungla branch located in Chittaurgarh, 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 Chittaurgarh and Doongla, 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 Dungla or Chittaurgarh to find the exact IFSC Code SBIN0031243.
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 Chittaurgarh will provide accurate information.
How to Use IFSC Code SBIN0031243 for Online Transfers?
Once you have the IFSC Code SBIN0031243 for the Dungla branch of State Bank Of India in Chittaurgarh, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0031243. 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 SBIN0031243.
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 Dungla in Chittaurgarh 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 Dungla, 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 Chittaurgarh manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Dungla Chittaurgarh branch is SBIN0031243.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Distt Chittorgarh 312402.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.