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 Acc Jamul branch in Durg, Bhilainagar, Chandigarh, 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 Durg or anywhere in Chandigarh can easily transfer funds instantly by using the correct IFSC Code SBIN0010217. 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, Acc Jamul, Durg
Here are the main details that are associated with the IFSC Code SBIN0010217 of State Bank Of India for its branch located in Durg, within the district of Bhilainagar in the state of Chandigarh.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0010217 |
| Branch | Acc Jamul |
| City | Durg |
| District | Bhilainagar |
| State | Chandigarh |
| Address | Acc Jamul Campus, Bhilai, T Durg Chattisgarh 490020 |
These details are important not only for users using online banking but also for businesses and individuals who use State Bank Of India in Durg for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0010217 for the Acc Jamul branch of State Bank Of India is vital.
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 Acc Jamul, Durg, Chandigarh, is provided with a unique IFSC like SBIN0010217 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 Durg.
- 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 Durg and Bhilainagar.
- 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 Chandigarh and the rest of India and the IFSC Code ensures that transactions meant for State Bank Of India in Acc Jamul do not get mixed with another location.
Format of the IFSC Code SBIN0010217
The format of the IFSC Code for banks, including State Bank Of India, has 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 Acc Jamul in Durg.
For example, the IFSC Code SBIN0010217 of State Bank Of India for the Acc Jamul branch includes these elements, identifying the bank and the branch location in Durg and Chandigarh correctly.
How to Find IFSC Code for State Bank Of India?
If you are looking for the IFSC Code SBIN0010217 of State Bank Of India for its Acc Jamul branch located in Durg, 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 Durg and Bhilainagar, 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 Acc Jamul or Durg to get the exact IFSC Code SBIN0010217.
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 Durg, then it will provide you proper information.
How to Use IFSC Code SBIN0010217 for Online Transfers?
If you have the IFSC Code SBIN0010217 for the Acc Jamul branch of State Bank Of India in Durg, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0010217. 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 SBIN0010217.
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 Acc Jamul in Durg, 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 Acc Jamul, 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 Durg manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Acc Jamul Durg branch is SBIN0010217.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Acc Jamul Campus, Bhilai, T Durg Chattisgarh 490020.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.