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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of State Bank Of India for its Lala Bazar branch in Hailakandi, Lala Bazar, or Assam, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of State Bank Of India located in Hailakandi or anywhere in Assam can transfer funds instantly by using the correct IFSC Code SBIN0013250. 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, Lala Bazar, Hailakandi
The table below shows the main details of the IFSC Code SBIN0013250 for the State Bank Of India branch in Hailakandi, which falls under the Lala Bazar district in Assam.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0013250 |
| Branch | Lala Bazar |
| City | Hailakandi |
| District | Lala Bazar |
| State | Assam |
| Address | N.S.Road,Lala Bazar,Hailakandi District,Assam 788163 |
These details helps users in online banking and for businesses and individuals who use State Bank Of India in Hailakandi for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0013250 for the Lala Bazar 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including State Bank Of India located in Lala Bazar, Hailakandi, Assam, is provided a unique IFSC like SBIN0013250 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the State Bank Of India branch in Hailakandi.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Hailakandi and Lala Bazar.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Assam and the rest of India, the IFSC Code ensures that transactions meant for State Bank Of India in Lala Bazar do not get misguided to another person.
Format of the IFSC Code SBIN0013250
The format of the IFSC Code for banks, including State Bank Of India, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): These represent the bank code. In State Bank Of India, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Lala Bazar in Hailakandi.
For example, the IFSC Code SBIN0013250 of State Bank Of India for the Lala Bazar branch has these elements, identifying the bank and the branch location in Hailakandi and Assam correctly.
How to Find IFSC Code for State Bank Of India?
To find the IFSC Code SBIN0013250 of State Bank Of India for its Lala Bazar branch located in Hailakandi, 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 Hailakandi and Lala Bazar, 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 Lala Bazar or Hailakandi to find the exact IFSC Code SBIN0013250.
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 Hailakandi will provide accurate information.
How to Use IFSC Code SBIN0013250 for Online Transfers?
Once you have the IFSC Code SBIN0013250 for the Lala Bazar branch of State Bank Of India in Hailakandi, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SBIN0013250. 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 SBIN0013250.
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 Lala Bazar in Hailakandi, your payment can get delayed or might not go through at all.
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 Lala Bazar, 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 Hailakandi manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0013250.
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 N.S.Road,Lala Bazar,Hailakandi District,Assam 788163 located in Hailakandi, Lala Bazar, Assam.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.