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 Assar branch in Doda, Assar, or Jammu And Kashmir, 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 Doda or anywhere in Jammu And Kashmir can transfer funds instantly by using the correct IFSC Code SBIN0005659. 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, Assar, Doda
Here are the key points that are associated with the IFSC Code SBIN0005659 of State Bank Of India for its branch located in Doda, within the district of Assar in the state of Jammu And Kashmir.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0005659 |
| Branch | Assar |
| City | Doda |
| District | Assar |
| State | Jammu And Kashmir |
| Address | Doda Jammu And Kashmir 182200 |
These details are crucial, not just for online banking users but also for businesses and individuals who use State Bank Of India in Doda for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0005659 for the Assar 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 Assar, Doda, Jammu And Kashmir, is provided with a unique IFSC like SBIN0005659 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 Doda.
- 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 Doda and Assar.
- 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 Jammu And Kashmir and the rest of India and the IFSC Code ensures that transactions meant for State Bank Of India in Assar do not get mixed with another location.
Format of the IFSC Code SBIN0005659
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 Assar in Doda.
For example, the IFSC Code SBIN0005659 of State Bank Of India for the Assar branch includes these elements, identifying the bank and the branch location in Doda and Jammu And Kashmir accurately.
How to Find IFSC Code for State Bank Of India?
If you are trying to find the IFSC Code SBIN0005659 of State Bank Of India for its Assar branch located in Doda, 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 Doda and Assar, 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 Assar or Doda to get the exact IFSC Code SBIN0005659.
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 Doda that will provide accurate information.
How to Use IFSC Code SBIN0005659 for Online Transfers?
Once you have the IFSC Code SBIN0005659 for the Assar branch of State Bank Of India in Doda, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0005659. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and State Bank Of India IFSC Code SBIN0005659.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for State Bank Of India Assar in Doda, it can 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 Assar, 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 Doda manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0005659.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Doda Jammu And Kashmir 182200 located in Doda, Assar, Jammu And Kashmir.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.