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 Namrup Thermal Power Project branch in Dibrugarh, Dibrugarh, Assam, 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 Dibrugarh or anywhere in Assam can transfer funds instantly by using the correct IFSC Code SBIN0003402. 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, Namrup Thermal Power Project, Dibrugarh
Here are the main details that are associated with the IFSC Code SBIN0003402 of State Bank Of India for its branch located in Dibrugarh, within the district of Dibrugarh in the state of Assam.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0003402 |
| Branch | Namrup Thermal Power Project |
| City | Dibrugarh |
| District | Dibrugarh |
| State | Assam |
| Address | Distdibrugarhassam |
These details help users in online banking and for businesses and individuals who use State Bank Of India in Dibrugarh for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0003402 for the Namrup Thermal Power Project 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with State Bank Of India located in Namrup Thermal Power Project, Dibrugarh, Assam, are allotted a unique IFSC like SBIN0003402 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Dibrugarh.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Dibrugarh and Dibrugarh.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to State Bank Of India in Namrup Thermal Power Project reaches the right place, even though there are thousands of branches in Assam and across India.
Format of the IFSC Code SBIN0003402
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 Namrup Thermal Power Project in Dibrugarh.
For example, the IFSC Code SBIN0003402 of State Bank Of India for the Namrup Thermal Power Project branch has these elements, identifying the bank and the branch location in Dibrugarh and Assam correctly.
How to Find IFSC Code for State Bank Of India?
To find the IFSC Code SBIN0003402 of State Bank Of India for its Namrup Thermal Power Project branch located in Dibrugarh, 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 Dibrugarh and Dibrugarh, 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 Namrup Thermal Power Project or Dibrugarh to find the exact IFSC Code SBIN0003402.
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 Dibrugarh will provide accurate information.
How to Use IFSC Code SBIN0003402 for Online Transfers?
Once you have the IFSC Code SBIN0003402 for the Namrup Thermal Power Project branch of State Bank Of India in Dibrugarh, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0003402. 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 SBIN0003402.
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 Namrup Thermal Power Project in Dibrugarh may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of State Bank Of India in Namrup Thermal Power Project, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official State Bank Of India website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Dibrugarh manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0003402.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Distdibrugarhassam located in Dibrugarh, Dibrugarh, Assam.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
