There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of State Bank Of India for its Siwani branch in Hissar, Hisar, Haryana, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of State Bank Of India situated in Hissar or anywhere in Haryana can easily transfer funds instantly by using the correct IFSC Code SBIN0002486. You should 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, Siwani, Hissar

Here are some of the key details that come with the IFSC Code SBIN0002486 of State Bank Of India for its branch located in Hissar, within the district of Hisar in the state of Haryana.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0002486
Branch Siwani
City Hissar
District Hisar
State Haryana
Address Railway Road, Distt. Bhiwani, Haryana-127046

These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in Hissar for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0002486 for the Siwani 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, along with State Bank Of India located in Siwani, Hissar, Haryana, are given a unique IFSC like SBIN0002486 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

It helps ensure that any money sent to State Bank Of India in Siwani goes to the correct branch. This is important because State Bank Of India has thousands of branches in Haryana and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code SBIN0002486

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 Siwani in Hissar.

For example, the IFSC Code SBIN0002486 of State Bank Of India for the Siwani branch includes these elements, identifying the bank and the branch location in Hissar and Haryana accurately.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0002486 of State Bank Of India for its Siwani branch located in Hissar, 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 Hissar and Hisar, 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 Siwani or Hissar to get the exact IFSC Code SBIN0002486.

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 Hissar that will provide accurate information.

How to Use IFSC Code SBIN0002486 for Online Transfers?

Once you have the IFSC Code SBIN0002486 for the Siwani branch of State Bank Of India in Hissar, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0002486. 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 SBIN0002486.

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 Siwani in Hissar, 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 Siwani, 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 Hissar manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India in Siwani, Hissar?

The IFSC Code is SBIN0002486.

Is the IFSC Code SBIN0002486 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

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

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Siwani branch?

The address of the branch is Railway Road, Distt. Bhiwani, Haryana-127046 located in Hissar, Hisar, Haryana.

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.

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