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 Main Road,Bhitarwar branch in Gwalior, Bhitarwar, Madhya Pradesh, 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 Gwalior or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code SBIN0030151. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for State Bank Of India, Main Road,Bhitarwar, Gwalior

The table below shows the main details of the IFSC Code SBIN0030151 for the State Bank Of India branch in Gwalior, which falls under the Bhitarwar district in Madhya Pradesh.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0030151
Branch Main Road,Bhitarwar
City Gwalior
District Bhitarwar
State Madhya Pradesh
Address Main Road,Bhitarwar

These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in Gwalior for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0030151 for the Main Road,Bhitarwar branch of State Bank Of India plays an 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, including State Bank Of India located in Main Road,Bhitarwar, Gwalior, Madhya Pradesh, is provided with a unique IFSC like SBIN0030151 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the State Bank Of India branch in Gwalior.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any errors or confusions between multiple branches of the same bank across different places like Gwalior and Bhitarwar.
  • It reduces errors in fund transfers and improves accuracy.
  • It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Madhya Pradesh and the rest of India and the IFSC Code ensures that transactions meant for State Bank Of India in Main Road,Bhitarwar do not get mixed with another location.

Format of the IFSC Code SBIN0030151

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

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For State Bank Of India, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Main Road,Bhitarwar in Gwalior.

For example, the IFSC Code SBIN0030151 of State Bank Of India for the Main Road,Bhitarwar branch includes these elements, identifying the bank and the branch location in Gwalior and Madhya Pradesh accurately.

How to Find IFSC Code for State Bank Of India?

If you are looking for the IFSC Code SBIN0030151 of State Bank Of India for its Main Road,Bhitarwar branch located in Gwalior, 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 Gwalior and Bhitarwar, 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 Main Road,Bhitarwar or Gwalior to get the exact IFSC Code SBIN0030151.

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 Gwalior, then it will provide you proper information.

How to Use IFSC Code SBIN0030151 for Online Transfers?

Once you have the IFSC Code SBIN0030151 for the Main Road,Bhitarwar branch of State Bank Of India in Gwalior, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0030151. Transfers are processed in batches. This is 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. Requires the recipient's account details and State Bank Of India IFSC Code SBIN0030151.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for State Bank Of India Main Road,Bhitarwar in Gwalior may result in delayed or failed transactions.

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 Main Road,Bhitarwar, 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 Gwalior manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India Main Road,Bhitarwar Gwalior?

The IFSC Code of the Main Road,Bhitarwar Gwalior branch is SBIN0030151.

Is IFSC Code SBIN0030151 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the State Bank Of India Main Road,Bhitarwar branch?

The branch is located at Main Road,Bhitarwar.

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.