IFSC Code of State Bank Of India, Racpc Ferozepur, Ferozepur, Punjab — SBIN0064106

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 Racpc Ferozepur branch in Ferozepur, Ferozepur, 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 Ferozepur or anywhere in Punjab can easily transfer funds instantly by using the correct IFSC Code SBIN0064106. 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, Racpc Ferozepur, Ferozepur

Here are some of the key details that come with the IFSC Code SBIN0064106 of State Bank Of India for its branch located in Ferozepur, within the district of Ferozepur in the state of Punjab.

These details are important not only for users using online banking but also for businesses and individuals who use State Bank Of India in Ferozepur for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0064106 for the Racpc Ferozepur 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 provided by the Reserve Bank of India. Every bank branch, including State Bank Of India located in Racpc Ferozepur, Ferozepur, Punjab, is provided with a unique IFSC like SBIN0064106 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It uniquely identifies the State Bank Of India branch in Ferozepur.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It avoids any errors or confusions between multiple branches of the same bank across different places like Ferozepur and Ferozepur.
• It reduces errors in fund transfers and improves accuracy.
• It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Punjab and the rest of India and the IFSC Code ensures that transactions meant for State Bank Of India in Racpc Ferozepur do not get mixed with another location.

Format of the IFSC Code SBIN0064106

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 Racpc Ferozepur in Ferozepur.

For example, the IFSC Code SBIN0064106 of State Bank Of India for the Racpc Ferozepur 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 SBIN0064106 of State Bank Of India for its Racpc Ferozepur 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 Ferozepur, 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 Racpc Ferozepur or Ferozepur to get the exact IFSC Code SBIN0064106.

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 SBIN0064106 for Online Transfers?

Once you have the IFSC Code SBIN0064106 for the Racpc Ferozepur branch of State Bank Of India in Ferozepur, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SBIN0064106. 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 SBIN0064106.

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 Racpc Ferozepur in Ferozepur, your payment can get delayed or might not go through at all.

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 Racpc Ferozepur, here are some ways to obtain 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.

Having both the IFSC and MICR codes makes it easy for account holders in Ferozepur to handle online money transfers and get their cheques cleared smoothly.