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 Shivdaspura Jaipur branch in Jaipur, Shivdaspura, Rajasthan, 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 Jaipur or anywhere in Rajasthan can easily transfer funds instantly by using the correct IFSC Code SBIN0032073. 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, Shivdaspura Jaipur, Jaipur

Here are the key points that are associated with the IFSC Code SBIN0032073 of State Bank Of India for its branch located in Jaipur, within the district of Shivdaspura in the state of Rajasthan.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0032073
Branch Shivdaspura Jaipur
City Jaipur
District Shivdaspura
State Rajasthan
Address Bus Stand,Shivdaspura,Distt Jaipur Pin 303903

These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in Jaipur for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0032073 for the Shivdaspura Jaipur 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 provided by the Reserve Bank of India. Every bank branch, including State Bank Of India located in Shivdaspura Jaipur, Jaipur, Rajasthan, is provided with a unique IFSC like SBIN0032073 to ensure that online payments reach the right destination.

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 errors or confusions between multiple branches of the same bank across different places like Jaipur and Shivdaspura.
  • It reduces errors in fund transfers and improves accuracy.
  • It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Rajasthan and the rest of India and the IFSC Code ensures that transactions meant for State Bank Of India in Shivdaspura Jaipur do not get mixed with another location.

Format of the IFSC Code SBIN0032073

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): Show the bank code. For State Bank Of India, these letters represent the bank's short name.
  • 5th character: Is always zero and is kept for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Shivdaspura Jaipur in Jaipur.

For example, the IFSC Code SBIN0032073 of State Bank Of India for the Shivdaspura Jaipur branch includes these elements, identifying the bank and the branch location in Jaipur and Rajasthan accurately.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0032073 of State Bank Of India for its Shivdaspura Jaipur branch located in Jaipur, 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 Jaipur and Shivdaspura, 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 Shivdaspura Jaipur or Jaipur to get the exact IFSC Code SBIN0032073.

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 Jaipur that will provide accurate information.

How to Use IFSC Code SBIN0032073 for Online Transfers?

If you have the IFSC Code SBIN0032073 for the Shivdaspura Jaipur branch of State Bank Of India in Jaipur, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0032073. Transfers are processed in batches. 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. Asks for the recipient's account details and State Bank Of India IFSC Code SBIN0032073.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for State Bank Of India Shivdaspura Jaipur in Jaipur, it 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 Shivdaspura Jaipur, 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 Jaipur 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 Shivdaspura Jaipur Jaipur?

The IFSC Code of the Shivdaspura Jaipur Jaipur branch is SBIN0032073.

Is IFSC Code SBIN0032073 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the State Bank Of India Shivdaspura Jaipur branch?

The branch is located at Bus Stand,Shivdaspura,Distt Jaipur Pin 303903.

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.