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IFSC Code of State Bank Of India, Grain Market Fazilka, Fazilka, Punjab — SBIN0014646

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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of State Bank Of India for its Grain Market Fazilka branch in Ferozepur, Fazilka, Punjab, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of State Bank Of India located in Ferozepur or anywhere in Punjab can transfer funds instantly by using the correct IFSC Code SBIN0014646. 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, Grain Market Fazilka, Ferozepur

The table below shows the main details of the IFSC Code SBIN0014646 for the State Bank Of India branch in Ferozepur, which falls under the Fazilka district in Punjab.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0014646
Branch Grain Market Fazilka
City Ferozepur
District Fazilka
State Punjab
Address Distt Ferozepur152123

These details helps users in online banking and for businesses and individuals who use State Bank Of India in Ferozepur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0014646 for the Grain Market Fazilka branch of State Bank Of India plays a vital role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including State Bank Of India located in Grain Market Fazilka, Ferozepur, Punjab, is provided a unique IFSC like SBIN0014646 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the State Bank Of India branch in Ferozepur.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Ferozepur and Fazilka.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Punjab and the rest of India, the IFSC Code ensures that transactions meant for State Bank Of India in Grain Market Fazilka do not get misguided to another person.

Format of the IFSC Code SBIN0014646

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 Grain Market Fazilka in Ferozepur.

For example, the IFSC Code SBIN0014646 of State Bank Of India for the Grain Market Fazilka branch includes these elements, identifying the bank and the branch location in Ferozepur and Punjab accurately.

How to Find IFSC Code for State Bank Of India?

If you are looking for the IFSC Code SBIN0014646 of State Bank Of India for its Grain Market Fazilka branch located in Ferozepur, the following methods can help:

Cheque Book

The cheque book that is issued by State Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

Most of the banks, including State Bank Of India branches in Ferozepur and Fazilka, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

You can visit the official website of State Bank Of India and look for the branch locator section, then search for Grain Market Fazilka or Ferozepur to get the exact IFSC Code SBIN0014646.

Mobile Banking App

If you use State Bank Of India's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for State Bank Of India and Ferozepur, then it will provide you proper information.

How to Use IFSC Code SBIN0014646 for Online Transfers?

Once you have the IFSC Code SBIN0014646 for the Grain Market Fazilka branch of State Bank Of India in Ferozepur, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0014646. Transfers are processed in batches. This is 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. Requires the recipient's account details and State Bank Of India IFSC Code SBIN0014646.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for State Bank Of India Grain Market Fazilka in Ferozepur may 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 Grain Market 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 Ferozepur manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India in Grain Market Fazilka, Ferozepur?

The IFSC Code is SBIN0014646.

Is the IFSC Code SBIN0014646 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of State Bank Of India Grain Market Fazilka?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Grain Market Fazilka branch?

The address of the branch is Distt Ferozepur152123 located in Ferozepur, Fazilka, Punjab.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

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