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 Nanowal branch in Fatehgarh Saheb, Fatehgarh Sahib, Punjab, 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 Fatehgarh Saheb or anywhere in Punjab can easily transfer funds instantly by using the correct IFSC Code SBIN0007189. 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, Nanowal, Fatehgarh Saheb
Here are the key points that are associated with the IFSC Code SBIN0007189 of State Bank Of India for its branch located in Fatehgarh Saheb, within the district of Fatehgarh Sahib in the state of Punjab.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0007189 |
| Branch | Nanowal |
| City | Fatehgarh Saheb |
| District | Fatehgarh Sahib |
| State | Punjab |
| Address | Fatehgarh Sahib Pb 141125 |
These details are important not only for users using online banking but also for businesses and individuals who use State Bank Of India in Fatehgarh Saheb for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0007189 for the Nanowal branch of State Bank Of India is vital.
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 SBIN0007189 is given to every bank branch, including State Bank Of India located in Nanowal, Fatehgarh Saheb, Punjab, 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 Fatehgarh Saheb.
- 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 Fatehgarh Saheb and Fatehgarh Sahib.
- 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 Punjab and the rest of India, which is why the IFSC Code ensures that transactions meant for State Bank Of India in Nanowal doesn't end up at another location.
Format of the IFSC Code SBIN0007189
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 Nanowal in Fatehgarh Saheb.
For example, the IFSC Code SBIN0007189 of State Bank Of India for the Nanowal branch includes these elements, identifying the bank and the branch location in Fatehgarh Saheb and Punjab accurately.
How to Find IFSC Code for State Bank Of India?
To find the IFSC Code SBIN0007189 of State Bank Of India for its Nanowal branch located in Fatehgarh Saheb, the following methods can help you out:
Cheque Book
The cheque book issued by State Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including State Bank Of India branches in Fatehgarh Saheb and Fatehgarh Sahib, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of State Bank Of India and go to the branch locator section. Then search for Nanowal or Fatehgarh Saheb to find the exact IFSC Code SBIN0007189.
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 maintains an updated database of all IFSC codes. Searching for State Bank Of India and Fatehgarh Saheb will provide accurate information.
How to Use IFSC Code SBIN0007189 for Online Transfers?
Once you have the IFSC Code SBIN0007189 for the Nanowal branch of State Bank Of India in Fatehgarh Saheb, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0007189. 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 SBIN0007189.
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 Nanowal in Fatehgarh Saheb, it can result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of State Bank Of India in Nanowal, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official State Bank Of India website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Fatehgarh Saheb manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0007189.
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 Fatehgarh Sahib Pb 141125 located in Fatehgarh Saheb, Fatehgarh Sahib, Punjab.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.