IFSC Code of State Bank Of India, Cac Fazilka, Fazilka, Chandigarh — SBIN0061959

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 Cac Fazilka branch in Fazilka, Fazilka, Chandigarh, 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 Fazilka or anywhere in Chandigarh can easily transfer funds instantly by using the correct IFSC Code SBIN0061959. 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, Cac Fazilka, Fazilka

Here are the key points that are associated with the IFSC Code SBIN0061959 of State Bank Of India for its branch located in Fazilka, within the district of Fazilka in the state of Chandigarh.

These details are important not only for users using online banking but also for businesses and individuals who use State Bank Of India in Fazilka for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0061959 for the Cac Fazilka 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 SBIN0061959 is given to every bank branch, including State Bank Of India located in Cac Fazilka, Fazilka, Chandigarh, 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 Fazilka.
• 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 Fazilka and Fazilka.
• 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 Chandigarh and the rest of India, which is why the IFSC Code ensures that transactions meant for State Bank Of India in Cac Fazilka doesn't end up at another location.

Format of the IFSC Code SBIN0061959

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

AAAA0CCCCCC

Here's the breakdown:

• First 4 characters (AAAA): Show the bank code. For State Bank Of India, these letters represent the bank's short name.
• 5th character: Is always zero and is kept for future use.
• Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Cac Fazilka in Fazilka.

For example, the IFSC Code SBIN0061959 of State Bank Of India for the Cac Fazilka branch includes these elements, identifying the bank and the branch location in Fazilka and Chandigarh correctly.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0061959 of State Bank Of India for its Cac Fazilka branch located in Fazilka, 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 Fazilka and Fazilka, 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 Cac Fazilka or Fazilka to get the exact IFSC Code SBIN0061959.

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 Fazilka, you'll get the correct details.

How to Use IFSC Code SBIN0061959 for Online Transfers?

Once you have the IFSC Code SBIN0061959 for the Cac Fazilka branch of State Bank Of India in Fazilka, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0061959. 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 SBIN0061959.

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 Cac Fazilka in Fazilka, 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 Cac Fazilka, here are some ways that 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.

If you know both IFSC and MICR codes, then it can help account holders in Fazilka manage online transfers as well as cheque clearances with ease.