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 Pbb Hazaribagh(Matwari) branch in Hazaribagh, Hazaribag, or Jharkhand, 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 Hazaribagh or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code SBIN0010779. 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, Pbb Hazaribagh(Matwari), Hazaribagh
The table below shows the main details of the IFSC Code SBIN0010779 for the State Bank Of India branch in Hazaribagh, which falls under the Hazaribag district in Jharkhand.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0010779 |
| Branch | Pbb Hazaribagh(Matwari) |
| City | Hazaribagh |
| District | Hazaribag |
| State | Jharkhand |
| Address | Dist.Hazaribaghstate.Jharkhandpin.825301. |
These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in Hazaribagh for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0010779 for the Pbb Hazaribagh(Matwari) 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 Pbb Hazaribagh(Matwari), Hazaribagh, Jharkhand, is provided a unique IFSC like SBIN0010779 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 Hazaribagh.
- 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 Hazaribagh and Hazaribag.
- 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 Jharkhand and the rest of India, the IFSC Code ensures that transactions meant for State Bank Of India in Pbb Hazaribagh(Matwari) do not get misguided to another person.
Format of the IFSC Code SBIN0010779
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 Pbb Hazaribagh(Matwari) in Hazaribagh.
For example, the IFSC Code SBIN0010779 of State Bank Of India for the Pbb Hazaribagh(Matwari) branch includes these elements, identifying the bank and the branch location in Hazaribagh and Jharkhand accurately.
How to Find IFSC Code for State Bank Of India?
If you are looking for the IFSC Code SBIN0010779 of State Bank Of India for its Pbb Hazaribagh(Matwari) branch located in Hazaribagh, 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 Hazaribagh and Hazaribag, 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 Pbb Hazaribagh(Matwari) or Hazaribagh to get the exact IFSC Code SBIN0010779.
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 Hazaribagh, then it will provide you proper information.
How to Use IFSC Code SBIN0010779 for Online Transfers?
Once you have the IFSC Code SBIN0010779 for the Pbb Hazaribagh(Matwari) branch of State Bank Of India in Hazaribagh, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0010779. 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 SBIN0010779.
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 Pbb Hazaribagh(Matwari) in Hazaribagh, it can result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of State Bank Of India in Pbb Hazaribagh(Matwari), you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official State Bank Of India website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Hazaribagh manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0010779.
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 Dist.Hazaribaghstate.Jharkhandpin.825301. located in Hazaribagh, Hazaribag, Jharkhand.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.