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 Tibbi branch in Hanumangarh, Tibbi, Rajasthan, 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 Hanumangarh or anywhere in Rajasthan can transfer funds instantly by using the correct IFSC Code SBIN0031301. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for State Bank Of India, Tibbi, Hanumangarh
The table below shows the main details of the IFSC Code SBIN0031301 for the State Bank Of India branch in Hanumangarh, which falls under the Tibbi district in Rajasthan.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0031301 |
| Branch | Tibbi |
| City | Hanumangarh |
| District | Tibbi |
| State | Rajasthan |
| Address | Distt Hanumangarh 335526 |
These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in Hanumangarh for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0031301 for the Tibbi 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including State Bank Of India located in Tibbi, Hanumangarh, Rajasthan, is provided a unique IFSC like SBIN0031301 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 Hanumangarh.
- 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 Hanumangarh and Tibbi.
- 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 Rajasthan and the rest of India, the IFSC Code ensures that transactions meant for State Bank Of India in Tibbi do not get misguided to another person.
Format of the IFSC Code SBIN0031301
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 Tibbi in Hanumangarh.
For example, the IFSC Code SBIN0031301 of State Bank Of India for the Tibbi branch includes these elements, identifying the bank and the branch location in Hanumangarh and Rajasthan correctly.
How to Find IFSC Code for State Bank Of India?
If you are trying to find the IFSC Code SBIN0031301 of State Bank Of India for its Tibbi branch located in Hanumangarh, the following methods can help:
Cheque Book
The cheque books that are issued by State Bank Of India include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including State Bank Of India branches in Hanumangarh and Tibbi, 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 find the branch locator section. Search for Tibbi or Hanumangarh to get the exact IFSC Code SBIN0031301.
Mobile Banking App
If you use State Bank Of India's mobile app, you can easily 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 to help you in searching for State Bank Of India and Hanumangarh that will provide accurate information.
How to Use IFSC Code SBIN0031301 for Online Transfers?
Once you have the IFSC Code SBIN0031301 for the Tibbi branch of State Bank Of India in Hanumangarh, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SBIN0031301. The transfer is completed in batches instead of instantly. It is useful for both 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 SBIN0031301.
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 Tibbi in Hanumangarh, 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 Tibbi, 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 Hanumangarh manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0031301.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Distt Hanumangarh 335526 located in Hanumangarh, Tibbi, Rajasthan.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.