The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of State Bank Of India for its R And Db Racc Hoshiarpur branch in Hoshiarpur, Hoshiarpur, Punjab, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of State Bank Of India located in Hoshiarpur or anywhere in Punjab can transfer funds instantly by using the correct IFSC Code SBIN0063444. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for State Bank Of India, R And Db Racc Hoshiarpur, Hoshiarpur
Here are some of the key details that come with the IFSC Code SBIN0063444 of State Bank Of India for its branch located in Hoshiarpur, within the district of Hoshiarpur in the state of Punjab.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0063444 |
| Branch | R And Db Racc Hoshiarpur |
| City | Hoshiarpur |
| District | Hoshiarpur |
| State | Punjab |
| Address | R And Db Racc, State Bank Of India, Opposite Green View Park, Hoshiarpur Pb |
These details are important not only for users using online banking but also for businesses and individuals who use State Bank Of India in Hoshiarpur for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0063444 for the R And Db Racc Hoshiarpur branch of State Bank Of India is vital.
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, including State Bank Of India located in R And Db Racc Hoshiarpur, Hoshiarpur, Punjab, is provided with a unique IFSC like SBIN0063444 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the State Bank Of India branch in Hoshiarpur.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Hoshiarpur and Hoshiarpur.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Punjab and the rest of India and the IFSC Code ensures that transactions meant for State Bank Of India in R And Db Racc Hoshiarpur do not get mixed with another location.
Format of the IFSC Code SBIN0063444
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 R And Db Racc Hoshiarpur in Hoshiarpur.
For example, the IFSC Code SBIN0063444 of State Bank Of India for the R And Db Racc Hoshiarpur branch includes these elements, identifying the bank and the branch location in Hoshiarpur and Punjab correctly.
How to Find IFSC Code for State Bank Of India?
To find the IFSC Code SBIN0063444 of State Bank Of India for its R And Db Racc Hoshiarpur branch located in Hoshiarpur, 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 Hoshiarpur and Hoshiarpur, 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 R And Db Racc Hoshiarpur or Hoshiarpur to find the exact IFSC Code SBIN0063444.
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 Hoshiarpur will provide accurate information.
How to Use IFSC Code SBIN0063444 for Online Transfers?
Once you have the IFSC Code SBIN0063444 for the R And Db Racc Hoshiarpur branch of State Bank Of India in Hoshiarpur, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0063444. 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 SBIN0063444.
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 R And Db Racc Hoshiarpur in Hoshiarpur, 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 R And Db Racc Hoshiarpur, 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 Hoshiarpur manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0063444.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is R And Db Racc, State Bank Of India, Opposite Green View Park, Hoshiarpur Pb located in Hoshiarpur, Hoshiarpur, Punjab.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.