For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of State Bank Of India for its Jharkhand Rajya Gramin Bank branch in Dumka, Ranchi, Jharkhand, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of State Bank Of India located in Dumka or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code SBIN0RRVCGB. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for State Bank Of India, Jharkhand Rajya Gramin Bank, Dumka
Here are the key points that are associated with the IFSC Code SBIN0RRVCGB of State Bank Of India for its branch located in Dumka, within the district of Ranchi in the state of Jharkhand.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0RRVCGB |
| Branch | Jharkhand Rajya Gramin Bank |
| City | Dumka |
| District | Ranchi |
| State | Jharkhand |
| Address | Rajendra Place, 5,Main Road, Near Over Bridge, Ranchi, Jharkhand Pin- 834001 |
These details are crucial, not just for online banking users but also for businesses and individuals who use State Bank Of India in Dumka for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0RRVCGB for the Jharkhand Rajya Gramin Bank 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including State Bank Of India located in Jharkhand Rajya Gramin Bank, Dumka, Jharkhand, is provided a unique IFSC like SBIN0RRVCGB 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 Dumka.
- 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 Dumka and Ranchi.
- 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 Jharkhand Rajya Gramin Bank do not get misguided to another person.
Format of the IFSC Code SBIN0RRVCGB
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 Jharkhand Rajya Gramin Bank in Dumka.
For example, the IFSC Code SBIN0RRVCGB of State Bank Of India for the Jharkhand Rajya Gramin Bank branch includes these elements, identifying the bank and the branch location in Dumka and Jharkhand accurately.
How to Find IFSC Code for State Bank Of India?
If you are looking for the IFSC Code SBIN0RRVCGB of State Bank Of India for its Jharkhand Rajya Gramin Bank branch located in Dumka, the following methods can help:
Cheque Book
The cheque book that is issued by State Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including State Bank Of India branches in Dumka and Ranchi, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of State Bank Of India and look for the branch locator section, then search for Jharkhand Rajya Gramin Bank or Dumka to get the exact IFSC Code SBIN0RRVCGB.
Mobile Banking App
If you use State Bank Of India's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for State Bank Of India and Dumka, then it will provide you proper information.
How to Use IFSC Code SBIN0RRVCGB for Online Transfers?
If you have the IFSC Code SBIN0RRVCGB for the Jharkhand Rajya Gramin Bank branch of State Bank Of India in Dumka, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0RRVCGB. Transfers are processed in batches. 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. Asks for the recipient's account details and State Bank Of India IFSC Code SBIN0RRVCGB.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for State Bank Of India Jharkhand Rajya Gramin Bank in Dumka, it 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 Jharkhand Rajya Gramin Bank, 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 Dumka to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0RRVCGB.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Rajendra Place, 5,Main Road, Near Over Bridge, Ranchi, Jharkhand Pin- 834001 located in Dumka, Ranchi, Jharkhand.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.