IFSC Code of State Bank Of India, Maya Bazar, Faizabad, Uttar Pradesh — SBIN0013163

The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of State Bank Of India for its Maya Bazar branch in Faizabad, Faizabad, Uttar Pradesh, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of State Bank Of India located in Faizabad or anywhere in Uttar Pradesh can transfer funds instantly by using the correct IFSC Code SBIN0013163. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for State Bank Of India, Maya Bazar, Faizabad

Here are the key points that are associated with the IFSC Code SBIN0013163 of State Bank Of India for its branch located in Faizabad, within the district of Faizabad in the state of Uttar Pradesh.

These details are crucial, not just for online banking users but also for businesses and individuals who use State Bank Of India in Faizabad for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0013163 for the Maya Bazar 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 Maya Bazar, Faizabad, Uttar Pradesh, are allotted a unique IFSC like SBIN0013163 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Faizabad.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It prevents confusion between different branches of the same bank in places like Faizabad and Faizabad.
• 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 Maya Bazar reaches the right place, even though there are thousands of branches in Uttar Pradesh and across India.

Format of the IFSC Code SBIN0013163

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 Maya Bazar in Faizabad.

For example, the IFSC Code SBIN0013163 of State Bank Of India for the Maya Bazar branch has these elements, identifying the bank and the branch location in Faizabad and Uttar Pradesh correctly.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0013163 of State Bank Of India for its Maya Bazar branch located in Faizabad, 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

Most banks, including State Bank Of India branches in Faizabad and Faizabad, print the IFSC and MICR codes 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 Maya Bazar or Faizabad to get the exact IFSC Code SBIN0013163.

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 Faizabad, you'll get the correct details.

How to Use IFSC Code SBIN0013163 for Online Transfers?

Once you have the IFSC Code SBIN0013163 for the Maya Bazar branch of State Bank Of India in Faizabad, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SBIN0013163. 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 SBIN0013163.

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 Maya Bazar in Faizabad, 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 Maya Bazar, 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 Faizabad to handle online money transfers and get their cheques cleared smoothly.