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 Mini Racpc Imphal branch in Imphal, Babupara, Manipur, 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 Imphal or anywhere in Manipur can transfer funds instantly by using the correct IFSC Code SBIN0064120. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for State Bank Of India, Mini Racpc Imphal, Imphal

Here are the main details that are associated with the IFSC Code SBIN0064120 of State Bank Of India for its branch located in Imphal, within the district of Babupara in the state of Manipur.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0064120
Branch Mini Racpc Imphal
City Imphal
District Babupara
State Manipur
Address C/O State Bank Of India Rbo Imphal Old Building Dc Lane Babupara,Imphal West Manipur 795001

These details helps users in online banking and for businesses and individuals who use State Bank Of India in Imphal for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0064120 for the Mini Racpc Imphal 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 that is provided by the Reserve Bank of India. A unique IFSC like SBIN0064120 is given to every bank branch, including State Bank Of India located in Mini Racpc 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 Babupara.
  • 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 Mini Racpc Imphal doesn't end up at another location.

Format of the IFSC Code SBIN0064120

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 Mini Racpc Imphal in Imphal.

For example, the IFSC Code SBIN0064120 of State Bank Of India for the Mini Racpc 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?

To find the IFSC Code SBIN0064120 of State Bank Of India for its Mini Racpc Imphal branch located in Imphal, 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 Imphal and Babupara, 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 Mini Racpc Imphal or Imphal to find the exact IFSC Code SBIN0064120.

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 Imphal will provide accurate information.

How to Use IFSC Code SBIN0064120 for Online Transfers?

Once you have the IFSC Code SBIN0064120 for the Mini Racpc Imphal branch of State Bank Of India in Imphal, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SBIN0064120. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 SBIN0064120.

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 Mini Racpc Imphal in Imphal, your payment can get delayed or might not go through at all.

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 Mini Racpc Imphal, 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 Imphal 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 Mini Racpc Imphal, Imphal?

The IFSC Code is SBIN0064120.

Is the IFSC Code SBIN0064120 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 Mini Racpc Imphal?

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 Mini Racpc Imphal branch?

The address of the branch is C/O State Bank Of India Rbo Imphal Old Building Dc Lane Babupara,Imphal West Manipur 795001 located in Imphal, Babupara, Manipur.

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.