IFSC Code of State Bank Of India, Tilpat Faridabad, Faridabad, Haryana — SBIN0061238

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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of State Bank Of India for its Tilpat Faridabad branch in Faridabad, Faridabad, or Haryana, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of State Bank Of India located in Faridabad or anywhere in Haryana can transfer funds instantly by using the correct IFSC Code SBIN0061238. 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, Tilpat Faridabad, Faridabad

Here are some of the key details that come with the IFSC Code SBIN0061238 of State Bank Of India for its branch located in Faridabad, within the district of Faridabad in the state of Haryana.

These details are crucial, not just for online banking users but also for businesses and individuals who use State Bank Of India in Faridabad for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0061238 for the Tilpat Faridabad 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 that is provided by the Reserve Bank of India. A unique IFSC like SBIN0061238 is given to every bank branch, including State Bank Of India located in Tilpat Faridabad, Faridabad, Haryana, 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 Faridabad.
• 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 Faridabad and Faridabad.
• 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 Haryana and the rest of India, which is why the IFSC Code ensures that transactions meant for State Bank Of India in Tilpat Faridabad doesn't end up at another location.

Format of the IFSC Code SBIN0061238

The format of the IFSC Code for banks, including State Bank Of India, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown of this:

• First 4 characters (AAAA): Represent the bank code. For State Bank Of India, these characters are the bank's short identifier.
• 5th character (0): Always zero which is reserved for future use.
• Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Tilpat Faridabad in Faridabad.

For example, the IFSC Code SBIN0061238 of State Bank Of India for the Tilpat Faridabad branch includes these elements, identifying the bank and the branch location in Faridabad and Haryana accurately.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0061238 of State Bank Of India for its Tilpat Faridabad branch located in Faridabad, 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 Faridabad and Faridabad, 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 Tilpat Faridabad or Faridabad to get the exact IFSC Code SBIN0061238.

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 Faridabad, you'll get the correct details.

How to Use IFSC Code SBIN0061238 for Online Transfers?

If you have the IFSC Code SBIN0061238 for the Tilpat Faridabad branch of State Bank Of India in Faridabad, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0061238. 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 SBIN0061238.

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 Tilpat Faridabad in Faridabad, it may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of State Bank Of India in Tilpat Faridabad, here are some of the ways 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.

Knowing both IFSC and MICR code can help account holders in Faridabad manage their online transfers and cheque clearances easily.