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IFSC Code of State Bank Of India, Bathinda Milk Plant, Bathinda, Punjab — SBIN0050872

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 Bathinda Milk Plant branch in Htn, Bathinda, Punjab, 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 Htn or anywhere in Punjab can easily transfer funds instantly by using the correct IFSC Code SBIN0050872. 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, Bathinda Milk Plant, Htn

The table below shows the main details of the IFSC Code SBIN0050872 for the State Bank Of India branch in Htn, which falls under the Bathinda district in Punjab.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0050872
Branch Bathinda Milk Plant
City Htn
District Bathinda
State Punjab
Address Verka Milk Plantdist Bathinda151001

These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in Htn for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0050872 for the Bathinda Milk Plant 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 that is provided by the Reserve Bank of India. A unique IFSC like SBIN0050872 is given to every bank branch, including State Bank Of India located in Bathinda Milk Plant, Htn, Punjab, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the State Bank Of India branch in Htn.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any kind of confusion between multiple branches of the same bank across different places like Htn and Bathinda.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Punjab and the rest of India, which is why the IFSC Code ensures that transactions meant for State Bank Of India in Bathinda Milk Plant doesn't end up at another location.

Format of the IFSC Code SBIN0050872

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 Bathinda Milk Plant in Htn.

For example, the IFSC Code SBIN0050872 of State Bank Of India for the Bathinda Milk Plant branch has these elements, identifying the bank and the branch location in Htn and Punjab correctly.

How to Find IFSC Code for State Bank Of India?

To find the IFSC Code SBIN0050872 of State Bank Of India for its Bathinda Milk Plant branch located in Htn, 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 Htn and Bathinda, 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 Bathinda Milk Plant or Htn to find the exact IFSC Code SBIN0050872.

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 Htn will provide accurate information.

How to Use IFSC Code SBIN0050872 for Online Transfers?

Once you have the IFSC Code SBIN0050872 for the Bathinda Milk Plant branch of State Bank Of India in Htn, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SBIN0050872. 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 SBIN0050872.

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 Bathinda Milk Plant in Htn, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of State Bank Of India in Bathinda Milk Plant, here are some of the ways 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.

Knowing both IFSC and MICR code can help account holders in Htn manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India in Bathinda Milk Plant, Htn?

The IFSC Code is SBIN0050872.

Is the IFSC Code SBIN0050872 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

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

Where can I find the IFSC Code of State Bank Of India Bathinda Milk Plant?

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

What is the full address of the Bathinda Milk Plant branch?

The address of the branch is Verka Milk Plantdist Bathinda151001 located in Htn, Bathinda, Punjab.

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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