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 Thanlon branch in Churachandpur, Thanlon, Manipur, 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 Churachandpur or anywhere in Manipur can transfer funds instantly by using the correct IFSC Code SBIN0015429. 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, Thanlon, Churachandpur

The table below shows the main details of the IFSC Code SBIN0015429 for the State Bank Of India branch in Churachandpur, which falls under the Thanlon district in Manipur.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0015429
Branch Thanlon
City Churachandpur
District Thanlon
State Manipur
Address Thanlon Bazar,Churachandpur,Pin Code795143, Manipur

These details helps users in online banking and for businesses and individuals who use State Bank Of India in Churachandpur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0015429 for the Thanlon branch of State Bank Of India plays a vital 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 Thanlon, Churachandpur, Manipur, is provided a unique IFSC like SBIN0015429 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 Churachandpur.
  • 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 Churachandpur and Thanlon.
  • 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 Manipur and the rest of India, the IFSC Code ensures that transactions meant for State Bank Of India in Thanlon do not get misguided to another person.

Format of the IFSC Code SBIN0015429

The format of the IFSC Code for banks, including State Bank Of India, has 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 Thanlon in Churachandpur.

For example, the IFSC Code SBIN0015429 of State Bank Of India for the Thanlon branch includes these elements, identifying the bank and the branch location in Churachandpur and Manipur correctly.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0015429 of State Bank Of India for its Thanlon branch located in Churachandpur, 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

You can easily find the IFSC and MICR codes because most banks, including State Bank Of India branches in Churachandpur and Thanlon, print them 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 Thanlon or Churachandpur to get the exact IFSC Code SBIN0015429.

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 Churachandpur, you'll get the correct details.

How to Use IFSC Code SBIN0015429 for Online Transfers?

Once you have the IFSC Code SBIN0015429 for the Thanlon branch of State Bank Of India in Churachandpur, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0015429. 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 SBIN0015429.

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 Thanlon in Churachandpur 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 Thanlon, 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 Churachandpur 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 Thanlon, Churachandpur?

The IFSC Code is SBIN0015429.

Is the IFSC Code SBIN0015429 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 Thanlon?

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 Thanlon branch?

The address of the branch is Thanlon Bazar,Churachandpur,Pin Code795143, Manipur located in Churachandpur, Thanlon, Manipur.

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.