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 Sihora branch in Jabalpur, Sihora, Madhya Pradesh, 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 Jabalpur or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code SBIN0000487. 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, Sihora, Jabalpur
Below in the table are the key details related to IFSC Code SBIN0000487 of State Bank Of India for its branch located in Jabalpur, within the district of Sihora in the state of Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0000487 |
| Branch | Sihora |
| City | Jabalpur |
| District | Sihora |
| State | Madhya Pradesh |
| Address | Distjabalpur Madhya Pradesh 483225 |
These details helps users in online banking and for businesses and individuals who use State Bank Of India in Jabalpur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0000487 for the Sihora 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 provided by the Reserve Bank of India. Every bank branch, along with State Bank Of India located in Sihora, Jabalpur, Madhya Pradesh, are given a unique IFSC like SBIN0000487 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Jabalpur.
- 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 Jabalpur and Sihora.
- 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 Sihora goes to the correct branch. This is important because State Bank Of India has thousands of branches in Madhya Pradesh and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code SBIN0000487
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 Sihora in Jabalpur.
For example, the IFSC Code SBIN0000487 of State Bank Of India for the Sihora branch includes these elements, identifying the bank and the branch location in Jabalpur and Madhya Pradesh accurately.
How to Find IFSC Code for State Bank Of India?
If you are trying to find the IFSC Code SBIN0000487 of State Bank Of India for its Sihora branch located in Jabalpur, 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 Jabalpur and Sihora, 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 Sihora or Jabalpur to get the exact IFSC Code SBIN0000487.
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 Jabalpur that will provide accurate information.
How to Use IFSC Code SBIN0000487 for Online Transfers?
Once you have the IFSC Code SBIN0000487 for the Sihora branch of State Bank Of India in Jabalpur, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SBIN0000487. 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 SBIN0000487.
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 Sihora in Jabalpur, 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 Sihora, 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 Jabalpur to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0000487.
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 Distjabalpur Madhya Pradesh 483225 located in Jabalpur, Sihora, Madhya Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.