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 Bilasipara branch in Goalpara, Goalpara, Assam, 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 Goalpara or anywhere in Assam can transfer funds instantly by using the correct IFSC Code SBIN0002024. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for State Bank Of India, Bilasipara, Goalpara
Here are the main details that are associated with the IFSC Code SBIN0002024 of State Bank Of India for its branch located in Goalpara, within the district of Goalpara in the state of Assam.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0002024 |
| Branch | Bilasipara |
| City | Goalpara |
| District | Goalpara |
| State | Assam |
| Address | Po,Bilasiparadistdhubriassam |
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 SBIN0002024 for the Bilasipara 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 SBIN0002024 is given to every bank branch, including State Bank Of India located in Bilasipara, 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 Goalpara.
- 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 Bilasipara doesn't end up at another location.
Format of the IFSC Code SBIN0002024
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 Bilasipara in Goalpara.
For example, the IFSC Code SBIN0002024 of State Bank Of India for the Bilasipara branch includes these elements, identifying the bank and the branch location in Goalpara and Assam correctly.
How to Find IFSC Code for State Bank Of India?
To find the IFSC Code SBIN0002024 of State Bank Of India for its Bilasipara branch located in Goalpara, 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 Goalpara and Goalpara, 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 Bilasipara or Goalpara to find the exact IFSC Code SBIN0002024.
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 Goalpara will provide accurate information.
How to Use IFSC Code SBIN0002024 for Online Transfers?
Once you have the IFSC Code SBIN0002024 for the Bilasipara branch of State Bank Of India in Goalpara, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SBIN0002024. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 SBIN0002024.
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 Bilasipara in Goalpara, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of State Bank Of India in Bilasipara, here are some of the ways 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.
Knowing both IFSC and MICR code can help account holders in Goalpara manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0002024.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Po,Bilasiparadistdhubriassam located in Goalpara, Goalpara, Assam.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.