IFSC Code of State Bank Of India, Mayang Imphal, Mayang Imphal, Manipur — SBIN0016014

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 Mayang Imphal branch in Imphal, Mayang Imphal, Manipur, 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 Imphal or anywhere in Manipur can transfer funds instantly by using the correct IFSC Code SBIN0016014. 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, Mayang Imphal, Imphal

Here are the key points that are associated with the IFSC Code SBIN0016014 of State Bank Of India for its branch located in Imphal, within the district of Mayang Imphal in the state of Manipur.

These details are important not only for users using online banking but also for businesses and individuals who use State Bank Of India in Imphal for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0016014 for the Mayang Imphal 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 that is provided by the Reserve Bank of India. A unique IFSC like SBIN0016014 is given to every bank branch, including State Bank Of India located in Mayang Imphal, Imphal, Manipur, 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 Imphal.
• 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 Imphal and Mayang Imphal.
• 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 Manipur and the rest of India, which is why the IFSC Code ensures that transactions meant for State Bank Of India in Mayang Imphal doesn't end up at another location.

Format of the IFSC Code SBIN0016014

This is the format of the IFSC Code for banks, including State Bank Of India, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

• First 4 characters (AAAA): This is the bank code. For State Bank Of India, these characters are the bank's short identifier.
• 5th character (0): This stays zero till there is any future use.
• Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Mayang Imphal in Imphal.

For example, the IFSC Code SBIN0016014 of State Bank Of India for the Mayang Imphal branch includes these elements, identifying the bank and the branch location in Imphal and Manipur accurately.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0016014 of State Bank Of India for its Mayang Imphal branch located in Imphal, 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

You can easily find the IFSC and MICR codes because most banks, including State Bank Of India branches in Imphal and Mayang Imphal, print them 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 Mayang Imphal or Imphal to get the exact IFSC Code SBIN0016014.

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 Imphal, you'll get the correct details.

How to Use IFSC Code SBIN0016014 for Online Transfers?

Once you have the IFSC Code SBIN0016014 for the Mayang Imphal branch of State Bank Of India in Imphal, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0016014. Transfers are processed in batches. This is suitable for 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 SBIN0016014.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for State Bank Of India Mayang Imphal in Imphal may 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 Mayang Imphal, 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 Imphal manage online transfers as well as cheque clearances with ease.