There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of State Bank Of India for its Nri Special Branch branch in Dungarpur, Sagwara, Rajasthan, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of State Bank Of India situated in Dungarpur or anywhere in Rajasthan can easily transfer funds instantly by using the correct IFSC Code SBIN0032435. You should 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, Nri Special Branch, Dungarpur

Here are some of the key details that come with the IFSC Code SBIN0032435 of State Bank Of India for its branch located in Dungarpur, within the district of Sagwara in the state of Rajasthan.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0032435
Branch Nri Special Branch
City Dungarpur
District Sagwara
State Rajasthan
Address Sampawat Vatika Dungarpur Road

These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in Dungarpur for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0032435 for the Nri Special Branch branch of State Bank Of India plays 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 Nri Special Branch, Dungarpur, Rajasthan, is provided with a unique IFSC like SBIN0032435 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 Dungarpur.
  • 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 Dungarpur and Sagwara.
  • 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 Rajasthan and the rest of India and the IFSC Code ensures that transactions meant for State Bank Of India in Nri Special Branch do not get mixed with another location.

Format of the IFSC Code SBIN0032435

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 Nri Special Branch in Dungarpur.

For example, the IFSC Code SBIN0032435 of State Bank Of India for the Nri Special Branch branch has these elements, identifying the bank and the branch location in Dungarpur and Rajasthan correctly.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0032435 of State Bank Of India for its Nri Special Branch branch located in Dungarpur, 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 Dungarpur and Sagwara, 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 Nri Special Branch or Dungarpur to get the exact IFSC Code SBIN0032435.

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 Dungarpur that will provide accurate information.

How to Use IFSC Code SBIN0032435 for Online Transfers?

If you have the IFSC Code SBIN0032435 for the Nri Special Branch branch of State Bank Of India in Dungarpur, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0032435. 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 SBIN0032435.

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 Nri Special Branch in Dungarpur, 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 Nri Special Branch, 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 Dungarpur 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 Nri Special Branch, Dungarpur?

The IFSC Code is SBIN0032435.

Is the IFSC Code SBIN0032435 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

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

Where can I find the IFSC Code of State Bank Of India Nri Special Branch?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Nri Special Branch branch?

The address of the branch is Sampawat Vatika Dungarpur Road located in Dungarpur, Sagwara, Rajasthan.

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.

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