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 Dhaka branch in East Champaran, Purbi, Bihar, 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 East Champaran or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code SBIN0009345. 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, Dhaka, East Champaran
Below in the table are the key details related to IFSC Code SBIN0009345 of State Bank Of India for its branch located in East Champaran, within the district of Purbi in the state of Bihar.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0009345 |
| Branch | Dhaka |
| City | East Champaran |
| District | Purbi |
| State | Bihar |
| Address | Podhakadisteastchabihar |
These details help users in online banking and for businesses and individuals who use State Bank Of India in East Champaran for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0009345 for the Dhaka 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 Dhaka, East Champaran, Bihar, are given a unique IFSC like SBIN0009345 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in East Champaran.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like East Champaran and Purbi.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to State Bank Of India in Dhaka goes to the correct branch. This is important because State Bank Of India has thousands of branches in Bihar and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code SBIN0009345
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 Dhaka in East Champaran.
For example, the IFSC Code SBIN0009345 of State Bank Of India for the Dhaka branch has these elements, identifying the bank and the branch location in East Champaran and Bihar correctly.
How to Find IFSC Code for State Bank Of India?
If you are trying to find the IFSC Code SBIN0009345 of State Bank Of India for its Dhaka branch located in East Champaran, the following methods can help:
Cheque Book
The cheque book issued by State Bank Of India includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
You can easily find the IFSC and MICR codes because most banks, including State Bank Of India branches in East Champaran and Purbi, print them on the first page of your passbook.
Bank Website
Visit the official website of State Bank Of India and navigate to the branch locator section. Search for Dhaka or East Champaran to get the exact IFSC Code SBIN0009345.
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 keeps an updated list of all IFSC codes. If you search for State Bank Of India and East Champaran, you'll get the correct details.
How to Use IFSC Code SBIN0009345 for Online Transfers?
Once you have the IFSC Code SBIN0009345 for the Dhaka branch of State Bank Of India in East Champaran, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SBIN0009345. The transfer is completed in batches instead of instantly. It is useful for both 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 SBIN0009345.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the State Bank Of India Dhaka in East Champaran, your payment can get delayed or might not go through at all.
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 Dhaka, 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 East Champaran manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0009345.
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 Podhakadisteastchabihar located in East Champaran, Purbi, Bihar.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.