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 Sipajhar branch in Goalpara, Darrangiri, 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 SBIN0017221. 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, Sipajhar, Goalpara

Here are the main details that are associated with the IFSC Code SBIN0017221 of State Bank Of India for its branch located in Goalpara, within the district of Darrangiri in the state of Assam.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0017221
Branch Sipajhar
City Goalpara
District Darrangiri
State Assam
Address Vill. Satgharia P.O. Sipajhar Distt. Darrang. Assam784145

These details helps users in online banking and for businesses and individuals who use State Bank Of India in Goalpara for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0017221 for the Sipajhar branch of State Bank Of India plays a vital 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 Sipajhar, Goalpara, Assam, are allotted a unique IFSC like SBIN0017221 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Goalpara.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Goalpara and Darrangiri.
  • 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 Sipajhar reaches the right place, even though there are thousands of branches in Assam and across India.

Format of the IFSC Code SBIN0017221

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 Sipajhar in Goalpara.

For example, the IFSC Code SBIN0017221 of State Bank Of India for the Sipajhar 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?

To find the IFSC Code SBIN0017221 of State Bank Of India for its Sipajhar 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 Darrangiri, 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 Sipajhar or Goalpara to find the exact IFSC Code SBIN0017221.

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 SBIN0017221 for Online Transfers?

Once you have the IFSC Code SBIN0017221 for the Sipajhar 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 SBIN0017221. 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 SBIN0017221.

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 Sipajhar in Goalpara, 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 Sipajhar, 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 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 Sipajhar, Goalpara?

The IFSC Code is SBIN0017221.

Is the IFSC Code SBIN0017221 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

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

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Sipajhar branch?

The address of the branch is Vill. Satgharia P.O. Sipajhar Distt. Darrang. Assam784145 located in Goalpara, Darrangiri, 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.