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 Bagribari branch in Goalpara, Bagribari, Assam, 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 Goalpara or anywhere in Assam can transfer funds instantly by using the correct IFSC Code SBIN0007373. 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, Bagribari, Goalpara

Here are the key points that are associated with the IFSC Code SBIN0007373 of State Bank Of India for its branch located in Goalpara, within the district of Bagribari in the state of Assam.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0007373
Branch Bagribari
City Goalpara
District Bagribari
State Assam
Address Dist,Goalpara,Assam,783349

These details are important not only for users using online banking but also for businesses and individuals who use State Bank Of India in Goalpara for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0007373 for the Bagribari 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 that is provided by the Reserve Bank of India. A unique IFSC like SBIN0007373 is given to every bank branch, including State Bank Of India located in Bagribari, Goalpara, Assam, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the State Bank Of India branch in Goalpara.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any kind of confusion between multiple branches of the same bank across different places like Goalpara and Bagribari.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Assam and the rest of India, which is why the IFSC Code ensures that transactions meant for State Bank Of India in Bagribari doesn't end up at another location.

Format of the IFSC Code SBIN0007373

The format of the IFSC Code for banks, including State Bank Of India, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown of this:

  • First 4 characters (AAAA): Represent the bank code. For State Bank Of India, these characters are the bank's short identifier.
  • 5th character (0): Always zero which is reserved for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Bagribari in Goalpara.

For example, the IFSC Code SBIN0007373 of State Bank Of India for the Bagribari branch includes these elements, identifying the bank and the branch location in Goalpara and Assam accurately.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0007373 of State Bank Of India for its Bagribari branch located in Goalpara, 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

Most banks, including State Bank Of India branches in Goalpara and Bagribari, print the IFSC and MICR codes 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 Bagribari or Goalpara to get the exact IFSC Code SBIN0007373.

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 Goalpara, you'll get the correct details.

How to Use IFSC Code SBIN0007373 for Online Transfers?

Once you have the IFSC Code SBIN0007373 for the Bagribari branch of State Bank Of India in Goalpara, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0007373. 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 SBIN0007373.

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 Bagribari in Goalpara, it can 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 Bagribari, 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 Goalpara 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 Bagribari, Goalpara?

The IFSC Code is SBIN0007373.

Is the IFSC Code SBIN0007373 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of State Bank Of India Bagribari?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Bagribari branch?

The address of the branch is Dist,Goalpara,Assam,783349 located in Goalpara, Bagribari, Assam.

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.