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 Sbiintouch Shillong branch in East Khasi Hills, Shillong, Meghalaya, 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 East Khasi Hills or anywhere in Meghalaya can transfer funds instantly by using the correct IFSC Code SBIN0019040. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for State Bank Of India, Sbiintouch Shillong, East Khasi Hills
Below in the table are the key details related to IFSC Code SBIN0019040 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 | SBIN0019040 |
| Branch | Sbiintouch Shillong |
| City | East Khasi Hills |
| District | Shillong |
| State | Meghalaya |
| Address | M.G. Road, Adj To Gpo Shillong, Dist.East Khasi Hills, Meghalaya-793001 |
These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in East Khasi Hills for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0019040 for the Sbiintouch Shillong 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 that is provided by the Reserve Bank of India. A unique IFSC like SBIN0019040 is given to every bank branch, including State Bank Of India located in Sbiintouch Shillong, East Khasi Hills, Meghalaya, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the State Bank Of India branch in East Khasi Hills.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like East Khasi Hills and Shillong.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Meghalaya and the rest of India, which is why the IFSC Code ensures that transactions meant for State Bank Of India in Sbiintouch Shillong doesn't end up at another location.
Format of the IFSC Code SBIN0019040
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 Sbiintouch Shillong in East Khasi Hills.
For example, the IFSC Code SBIN0019040 of State Bank Of India for the Sbiintouch Shillong branch has these elements, identifying the bank and the branch location in East Khasi Hills and Meghalaya correctly.
How to Find IFSC Code for State Bank Of India?
If you are looking for the IFSC Code SBIN0019040 of State Bank Of India for its Sbiintouch Shillong 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 Sbiintouch Shillong or East Khasi Hills to get the exact IFSC Code SBIN0019040.
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 SBIN0019040 for Online Transfers?
Once you have the IFSC Code SBIN0019040 for the Sbiintouch Shillong branch of State Bank Of India in East Khasi Hills, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SBIN0019040. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 SBIN0019040.
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 Sbiintouch Shillong in East Khasi Hills, 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 Sbiintouch Shillong, 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 is SBIN0019040.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is M.G. Road, Adj To Gpo Shillong, Dist.East Khasi Hills, Meghalaya-793001 located in East Khasi Hills, Shillong, Meghalaya.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.