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 Rbo Ferozepur branch in Ferozepur, Ferozepur, 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 SBIN0010351. 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, Rbo Ferozepur, Ferozepur
Here are the key points that are associated with the IFSC Code SBIN0010351 of State Bank Of India for its branch located in Ferozepur, within the district of Ferozepur in the state of Punjab.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0010351 |
| Branch | Rbo Ferozepur |
| City | Ferozepur |
| District | Ferozepur |
| State | Punjab |
| Address | Rbo Ferozepur,Church Road,Ferozepur Cantt,Dist 152001 |
These details are crucial, not just for online banking users but also for businesses and individuals who use State Bank Of India in Ferozepur for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0010351 for the Rbo Ferozepur 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, including State Bank Of India located in Rbo Ferozepur, Ferozepur, Punjab, is provided with a unique IFSC like SBIN0010351 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 Rbo Ferozepur do not get mixed with another location.
Format of the IFSC Code SBIN0010351
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): These represent the bank code. In State Bank Of India, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Rbo Ferozepur in Ferozepur.
For example, the IFSC Code SBIN0010351 of State Bank Of India for the Rbo Ferozepur branch has these elements, identifying the bank and the branch location in Ferozepur and Punjab correctly.
How to Find IFSC Code for State Bank Of India?
If you are trying to find the IFSC Code SBIN0010351 of State Bank Of India for its Rbo Ferozepur branch located in Ferozepur, 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 Ferozepur and Ferozepur, 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 Rbo Ferozepur or Ferozepur to get the exact IFSC Code SBIN0010351.
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 Ferozepur, you'll get the correct details.
How to Use IFSC Code SBIN0010351 for Online Transfers?
Once you have the IFSC Code SBIN0010351 for the Rbo 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 SBIN0010351. 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 SBIN0010351.
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 Rbo 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 Rbo 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.
Frequently Asked Questions (FAQs)
The IFSC Code of the Rbo Ferozepur Ferozepur branch is SBIN0010351.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Rbo Ferozepur,Church Road,Ferozepur Cantt,Dist 152001.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.