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 Icchewala Road, Ferozpur City branch in Ferozpur, Firozpur, 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 Ferozpur or anywhere in Punjab can easily transfer funds instantly by using the correct IFSC Code SBIN0051195. 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, Icchewala Road, Ferozpur City, Ferozpur
Below in the table are the key details related to IFSC Code SBIN0051195 of State Bank Of India for its branch located in Ferozpur, within the district of Firozpur in the state of Punjab.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0051195 |
| Branch | Icchewala Road, Ferozpur City |
| City | Ferozpur |
| District | Firozpur |
| State | Punjab |
| Address | Icchewala Roadoppbus Standferozpur Citypunjab 152002 |
These details are important not only for users using online banking but also for businesses and individuals who use State Bank Of India in Ferozpur for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0051195 for the Icchewala Road, Ferozpur City 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 Icchewala Road, Ferozpur City, Ferozpur, Punjab, is provided with a unique IFSC like SBIN0051195 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 Ferozpur.
- 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 Ferozpur and Firozpur.
- 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 Icchewala Road, Ferozpur City do not get mixed with another location.
Format of the IFSC Code SBIN0051195
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 Icchewala Road, Ferozpur City in Ferozpur.
For example, the IFSC Code SBIN0051195 of State Bank Of India for the Icchewala Road, Ferozpur City branch includes these elements, identifying the bank and the branch location in Ferozpur and Punjab accurately.
How to Find IFSC Code for State Bank Of India?
If you are trying to find the IFSC Code SBIN0051195 of State Bank Of India for its Icchewala Road, Ferozpur City branch located in Ferozpur, 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 Ferozpur and Firozpur, 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 Icchewala Road, Ferozpur City or Ferozpur to get the exact IFSC Code SBIN0051195.
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 Ferozpur, you'll get the correct details.
How to Use IFSC Code SBIN0051195 for Online Transfers?
Once you have the IFSC Code SBIN0051195 for the Icchewala Road, Ferozpur City branch of State Bank Of India in Ferozpur, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0051195. 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 SBIN0051195.
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 Icchewala Road, Ferozpur City in Ferozpur, 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 Icchewala Road, Ferozpur City, 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 Ferozpur manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0051195.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Icchewala Roadoppbus Standferozpur Citypunjab 152002 located in Ferozpur, Firozpur, Punjab.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.