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 D C Complex Fazilka branch in Fazilka, Fazilka, Punjab, 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 Fazilka or anywhere in Punjab can transfer funds instantly by using the correct IFSC Code SBIN0017017. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for State Bank Of India, D C Complex Fazilka, Fazilka
Here are some of the key details that come with the IFSC Code SBIN0017017 of State Bank Of India for its branch located in Fazilka, within the district of Fazilka in the state of Punjab.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0017017 |
| Branch | D C Complex Fazilka |
| City | Fazilka |
| District | Fazilka |
| State | Punjab |
| Address | Boarder Rd,Near Hanuman Mandir And Gurudawara Sahib,Boarder Rd,Fazilka,Dist.Fazilka.Punjab 152123 |
These details are crucial, not just for online banking users but also for businesses and individuals who use State Bank Of India in Fazilka for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0017017 for the D C Complex Fazilka 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 D C Complex Fazilka, Fazilka, Punjab, are given a unique IFSC like SBIN0017017 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Fazilka.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Fazilka and Fazilka.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to State Bank Of India in D C Complex Fazilka goes to the correct branch. This is important because State Bank Of India has thousands of branches in Punjab and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code SBIN0017017
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): 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 D C Complex Fazilka in Fazilka.
For example, the IFSC Code SBIN0017017 of State Bank Of India for the D C Complex Fazilka branch includes these elements, identifying the bank and the branch location in Fazilka and Punjab accurately.
How to Find IFSC Code for State Bank Of India?
To find the IFSC Code SBIN0017017 of State Bank Of India for its D C Complex Fazilka branch located in Fazilka, 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 Fazilka and Fazilka, 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 D C Complex Fazilka or Fazilka to find the exact IFSC Code SBIN0017017.
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 Fazilka will provide accurate information.
How to Use IFSC Code SBIN0017017 for Online Transfers?
Once you have the IFSC Code SBIN0017017 for the D C Complex Fazilka branch of State Bank Of India in Fazilka, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SBIN0017017. The transfer is completed in batches instead of instantly. It is useful for both 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. Requires the recipient's account details and State Bank Of India IFSC Code SBIN0017017.
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 D C Complex Fazilka in Fazilka, your payment can get delayed or might not go through at all.
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 D C Complex Fazilka, 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 Fazilka manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0017017.
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 Boarder Rd,Near Hanuman Mandir And Gurudawara Sahib,Boarder Rd,Fazilka,Dist.Fazilka.Punjab 152123 located in Fazilka, Fazilka, Punjab.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.