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 Bhoilymbong branch in East Khasi Hills, Shillong, Meghalaya, 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 East Khasi Hills or anywhere in Meghalaya can easily transfer funds instantly by using the correct IFSC Code SBIN0018512. 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, Bhoilymbong, East Khasi Hills
Below in the table are the key details related to IFSC Code SBIN0018512 of State Bank Of India for its branch located in East Khasi Hills, within the district of Shillong in the state of Meghalaya.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0018512 |
| Branch | Bhoilymbong |
| City | East Khasi Hills |
| District | Shillong |
| State | Meghalaya |
| Address | Bhoirymbong, Bhoirymbong Main Road, Lumdaitkhla, Bhoirymbong, Distt.Ri Bhoi. Meghalaya-793116 |
These details are crucial, not just for online banking users but also for businesses and individuals who use State Bank Of India in East Khasi Hills for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0018512 for the Bhoilymbong 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, along with State Bank Of India located in Bhoilymbong, East Khasi Hills, Meghalaya, are allotted a unique IFSC like SBIN0018512 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 Khasi Hills.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like East Khasi Hills and Shillong.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to State Bank Of India in Bhoilymbong reaches the right place, even though there are thousands of branches in Meghalaya and across India.
Format of the IFSC Code SBIN0018512
This is the format of the IFSC Code for banks, including State Bank Of India, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For State Bank Of India, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Bhoilymbong in East Khasi Hills.
For example, the IFSC Code SBIN0018512 of State Bank Of India for the Bhoilymbong branch includes these elements, identifying the bank and the branch location in East Khasi Hills and Meghalaya accurately.
How to Find IFSC Code for State Bank Of India?
If you are looking for the IFSC Code SBIN0018512 of State Bank Of India for its Bhoilymbong branch located in East Khasi Hills, 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 East Khasi Hills and Shillong, 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 Bhoilymbong or East Khasi Hills to get the exact IFSC Code SBIN0018512.
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 East Khasi Hills, then it will provide you proper information.
How to Use IFSC Code SBIN0018512 for Online Transfers?
Once you have the IFSC Code SBIN0018512 for the Bhoilymbong branch of State Bank Of India in East Khasi Hills, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0018512. 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 SBIN0018512.
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 Bhoilymbong in East Khasi Hills, 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 Bhoilymbong, 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 East Khasi Hills to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Bhoilymbong East Khasi Hills branch is SBIN0018512.
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 Bhoirymbong, Bhoirymbong Main Road, Lumdaitkhla, Bhoirymbong, Distt.Ri Bhoi. Meghalaya-793116.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.