IFSC Code of State Bank Of India, Tiwari Chowk, Deoghar, Jharkhand — SBIN0016663

The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of State Bank Of India for its Tiwari Chowk branch in Deoghar, Deoghar, Jharkhand, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of State Bank Of India located in Deoghar or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code SBIN0016663. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for State Bank Of India, Tiwari Chowk, Deoghar

The table below shows the main details of the IFSC Code SBIN0016663 for the State Bank Of India branch in Deoghar, which falls under the Deoghar district in Jharkhand.

These details help users in online banking and for businesses and individuals who use State Bank Of India in Deoghar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0016663 for the Tiwari Chowk 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 Tiwari Chowk, Deoghar, Jharkhand, is provided a unique IFSC like SBIN0016663 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 Deoghar.
• 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 Deoghar and Deoghar.
• 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 Jharkhand and the rest of India, the IFSC Code ensures that transactions meant for State Bank Of India in Tiwari Chowk do not get misguided to another person.

Format of the IFSC Code SBIN0016663

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): 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 Tiwari Chowk in Deoghar.

For example, the IFSC Code SBIN0016663 of State Bank Of India for the Tiwari Chowk branch includes these elements, identifying the bank and the branch location in Deoghar and Jharkhand accurately.

How to Find IFSC Code for State Bank Of India?

To find the IFSC Code SBIN0016663 of State Bank Of India for its Tiwari Chowk branch located in Deoghar, 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 Deoghar and Deoghar, 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 Tiwari Chowk or Deoghar to find the exact IFSC Code SBIN0016663.

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 Deoghar will provide accurate information.

How to Use IFSC Code SBIN0016663 for Online Transfers?

Once you have the IFSC Code SBIN0016663 for the Tiwari Chowk branch of State Bank Of India in Deoghar, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SBIN0016663. 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 SBIN0016663.

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 Tiwari Chowk in Deoghar, 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 Tiwari Chowk, 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 Deoghar manage online transfers as well as cheque clearances with ease.