The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of State Bank Of India for its Anuragh Colony, Gaya branch in Gaya, Gaya, Bihar, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of State Bank Of India located in Gaya or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code SBIN0003588. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for State Bank Of India, Anuragh Colony, Gaya, Gaya
Here are the main details that are associated with the IFSC Code SBIN0003588 of State Bank Of India for its branch located in Gaya, within the district of Gaya in the state of Bihar.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0003588 |
| Branch | Anuragh Colony, Gaya |
| City | Gaya |
| District | Gaya |
| State | Bihar |
| Address | Anugrahpuri.Colony,Gaya,Bihar,Pin.823001 |
These details help users in online banking and for businesses and individuals who use State Bank Of India in Gaya for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0003588 for the Anuragh Colony, Gaya branch of State Bank Of India has a very 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 Anuragh Colony, Gaya, Gaya, Bihar, are allotted a unique IFSC like SBIN0003588 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Gaya.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Gaya and Gaya.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to State Bank Of India in Anuragh Colony, Gaya reaches the right place, even though there are thousands of branches in Bihar and across India.
Format of the IFSC Code SBIN0003588
The format of the IFSC Code for banks, including State Bank Of India, has 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 Anuragh Colony, Gaya in Gaya.
For example, the IFSC Code SBIN0003588 of State Bank Of India for the Anuragh Colony, Gaya branch includes these elements, identifying the bank and the branch location in Gaya and Bihar correctly.
How to Find IFSC Code for State Bank Of India?
To find the IFSC Code SBIN0003588 of State Bank Of India for its Anuragh Colony, Gaya branch located in Gaya, 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 Gaya and Gaya, 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 Anuragh Colony, Gaya or Gaya to find the exact IFSC Code SBIN0003588.
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 Gaya will provide accurate information.
How to Use IFSC Code SBIN0003588 for Online Transfers?
If you have the IFSC Code SBIN0003588 for the Anuragh Colony, Gaya branch of State Bank Of India in Gaya, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0003588. Transfers are processed in batches. 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. Asks for the recipient's account details and State Bank Of India IFSC Code SBIN0003588.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for State Bank Of India Anuragh Colony, Gaya in Gaya, it may 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 Anuragh Colony, Gaya, 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 Gaya manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Anuragh Colony, Gaya Gaya branch is SBIN0003588.
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 Anugrahpuri.Colony,Gaya,Bihar,Pin.823001.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.