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 Inay branch in Darbangha, Inay, Bihar, 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 Darbangha or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code SBIN0017438. 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, Inay, Darbangha

The table below shows the main details of the IFSC Code SBIN0017438 for the State Bank Of India branch in Darbangha, which falls under the Inay district in Bihar.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0017438
Branch Inay
City Darbangha
District Inay
State Bihar
Address H By O Tej Narayan Singh,At Inay,Po Inay,Via Baheri Distt.Darbhanga.Bihar 847105

These details are crucial, not just for online banking users but also for businesses and individuals who use State Bank Of India in Darbangha for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0017438 for the Inay branch of State Bank Of India has 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 Inay, Darbangha, Bihar, is provided with a unique IFSC like SBIN0017438 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 Darbangha.
  • 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 Darbangha and Inay.
  • 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 Bihar and the rest of India and the IFSC Code ensures that transactions meant for State Bank Of India in Inay do not get mixed with another location.

Format of the IFSC Code SBIN0017438

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 Inay in Darbangha.

For example, the IFSC Code SBIN0017438 of State Bank Of India for the Inay branch includes these elements, identifying the bank and the branch location in Darbangha and Bihar accurately.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0017438 of State Bank Of India for its Inay branch located in Darbangha, 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 Darbangha and Inay, 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 Inay or Darbangha to get the exact IFSC Code SBIN0017438.

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 Darbangha that will provide accurate information.

How to Use IFSC Code SBIN0017438 for Online Transfers?

Once you have the IFSC Code SBIN0017438 for the Inay branch of State Bank Of India in Darbangha, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SBIN0017438. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 SBIN0017438.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the State Bank Of India Inay in Darbangha, your payment can get delayed or might not go through at all.

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 Inay, 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 Darbangha manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India in Inay, Darbangha?

The IFSC Code is SBIN0017438.

Is the IFSC Code SBIN0017438 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

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

Where can I find the IFSC Code of State Bank Of India Inay?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Inay branch?

The address of the branch is H By O Tej Narayan Singh,At Inay,Po Inay,Via Baheri Distt.Darbhanga.Bihar 847105 located in Darbangha, Inay, Bihar.

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.