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 Manasarovar, Jaipur branch in Jaipur, Jaipur, Rajasthan, 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 Jaipur or anywhere in Rajasthan can transfer funds instantly by using the correct IFSC Code SBIN0060423. 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, Manasarovar, Jaipur, Jaipur
The table below shows the main details of the IFSC Code SBIN0060423 for the State Bank Of India branch in Jaipur, which falls under the Jaipur district in Rajasthan.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0060423 |
| Branch | Manasarovar, Jaipur |
| City | Jaipur |
| District | Jaipur |
| State | Rajasthan |
| Address | Jaipur |
These details help users in online banking and for businesses and individuals who use State Bank Of India in Jaipur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0060423 for the Manasarovar, Jaipur branch of State Bank Of India has a very 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 SBIN0060423 is given to every bank branch, including State Bank Of India located in Manasarovar, Jaipur, Jaipur, Rajasthan, 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 Jaipur.
- 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 Jaipur and Jaipur.
- 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 Rajasthan and the rest of India, which is why the IFSC Code ensures that transactions meant for State Bank Of India in Manasarovar, Jaipur doesn't end up at another location.
Format of the IFSC Code SBIN0060423
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 Manasarovar, Jaipur in Jaipur.
For example, the IFSC Code SBIN0060423 of State Bank Of India for the Manasarovar, Jaipur branch has these elements, identifying the bank and the branch location in Jaipur and Rajasthan correctly.
How to Find IFSC Code for State Bank Of India?
To find the IFSC Code SBIN0060423 of State Bank Of India for its Manasarovar, Jaipur branch located in Jaipur, 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 Jaipur and Jaipur, 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 Manasarovar, Jaipur or Jaipur to find the exact IFSC Code SBIN0060423.
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 Jaipur will provide accurate information.
How to Use IFSC Code SBIN0060423 for Online Transfers?
Once you have the IFSC Code SBIN0060423 for the Manasarovar, Jaipur branch of State Bank Of India in Jaipur, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0060423. 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 SBIN0060423.
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 Manasarovar, Jaipur in Jaipur may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of State Bank Of India in Manasarovar, Jaipur, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official State Bank Of India website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Jaipur manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0060423.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Jaipur located in Jaipur, Jaipur, Rajasthan.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
