For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of State Bank Of India for its Jagatpur branch in Gondia, Huglichinsurah, Westbengal, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of State Bank Of India located in Gondia or anywhere in Westbengal can transfer funds instantly by using the correct IFSC Code SBIN0008725. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for State Bank Of India, Jagatpur, Gondia
Here are the key points that are associated with the IFSC Code SBIN0008725 of State Bank Of India for its branch located in Gondia, within the district of Huglichinsurah in the state of Westbengal.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0008725 |
| Branch | Jagatpur |
| City | Gondia |
| District | Huglichinsurah |
| State | Westbengal |
| Address | Dist Hoogly,West Bengal 712417 |
These details are important not only for users using online banking but also for businesses and individuals who use State Bank Of India in Gondia for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0008725 for the Jagatpur 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 SBIN0008725 is given to every bank branch, including State Bank Of India located in Jagatpur, Gondia, Westbengal, 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 Gondia.
- 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 Gondia and Huglichinsurah.
- 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 Westbengal and the rest of India, which is why the IFSC Code ensures that transactions meant for State Bank Of India in Jagatpur doesn't end up at another location.
Format of the IFSC Code SBIN0008725
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 Jagatpur in Gondia.
For example, the IFSC Code SBIN0008725 of State Bank Of India for the Jagatpur branch includes these elements, identifying the bank and the branch location in Gondia and Westbengal accurately.
How to Find IFSC Code for State Bank Of India?
If you are looking for the IFSC Code SBIN0008725 of State Bank Of India for its Jagatpur branch located in Gondia, the following methods can help:
Cheque Book
The cheque book that is issued by State Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including State Bank Of India branches in Gondia and Huglichinsurah, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of State Bank Of India and look for the branch locator section, then search for Jagatpur or Gondia to get the exact IFSC Code SBIN0008725.
Mobile Banking App
If you use State Bank Of India's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for State Bank Of India and Gondia, then it will provide you proper information.
How to Use IFSC Code SBIN0008725 for Online Transfers?
Once you have the IFSC Code SBIN0008725 for the Jagatpur branch of State Bank Of India in Gondia, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0008725. 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 SBIN0008725.
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 Jagatpur in Gondia, 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 Jagatpur, 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 Gondia manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0008725.
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 Dist Hoogly,West Bengal 712417 located in Gondia, Huglichinsurah, Westbengal.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.