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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of State Bank Of India for its Singhrawan branch in Hazaribagh, Singhrawan, Jharkhand, then this guide will give you detailed information.

The banking system has evolved significantly 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 SBIN0006025. 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, Singhrawan, Hazaribagh

The table below shows the main details of the IFSC Code SBIN0006025 for the State Bank Of India branch in Hazaribagh, which falls under the Singhrawan district in Jharkhand.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0006025
Branch Singhrawan
City Hazaribagh
District Singhrawan
State Jharkhand
Address Singhrawan

These details helps users in online banking and for businesses and individuals who use State Bank Of India in Hazaribagh for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0006025 for the Singhrawan 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with State Bank Of India located in Singhrawan, Hazaribagh, Jharkhand, are allotted a unique IFSC like SBIN0006025 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Hazaribagh.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Hazaribagh and Singhrawan.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It makes sure that money sent to State Bank Of India in Singhrawan reaches the right place, even though there are thousands of branches in Jharkhand and across India.

Format of the IFSC Code SBIN0006025

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 Singhrawan in Hazaribagh.

For example, the IFSC Code SBIN0006025 of State Bank Of India for the Singhrawan branch has these elements, identifying the bank and the branch location in Hazaribagh and Jharkhand correctly.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0006025 of State Bank Of India for its Singhrawan branch located in Hazaribagh, the following methods can help:

Cheque Book

The cheque book issued by State Bank Of India includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

Most banks, including State Bank Of India branches in Hazaribagh and Singhrawan, print the IFSC and MICR codes on the first page of your passbook.

Bank Website

Visit the official website of State Bank Of India and navigate to the branch locator section. Search for Singhrawan or Hazaribagh to get the exact IFSC Code SBIN0006025.

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 keeps an updated list of all IFSC codes. If you search for State Bank Of India and Hazaribagh, you'll get the correct details.

How to Use IFSC Code SBIN0006025 for Online Transfers?

Once you have the IFSC Code SBIN0006025 for the Singhrawan 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 SBIN0006025. 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 SBIN0006025.

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 Singhrawan in Hazaribagh, 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 Singhrawan, here are some ways to obtain 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.

Having both the IFSC and MICR codes makes it easy for account holders in Hazaribagh to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India in Singhrawan, Hazaribagh?

The IFSC Code is SBIN0006025.

Is the IFSC Code SBIN0006025 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of State Bank Of India Singhrawan?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Singhrawan branch?

The address of the branch is Singhrawan located in Hazaribagh, Singhrawan, Jharkhand.

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.