For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of State Bank Of India for its Bhadgaon branch in Jalgaon, Bhadgaon, Maharashtra, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of State Bank Of India located in Jalgaon or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code SBIN0011153. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for State Bank Of India, Bhadgaon, Jalgaon
Here are some of the key details that come with the IFSC Code SBIN0011153 of State Bank Of India for its branch located in Jalgaon, within the district of Bhadgaon in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0011153 |
| Branch | Bhadgaon |
| City | Jalgaon |
| District | Bhadgaon |
| State | Maharashtra |
| Address | Bus Stand,Bhadgaontal Bhadgaon,Jalgaonmaharashtra 424 105 |
These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in Jalgaon for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0011153 for the Bhadgaon 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, along with State Bank Of India located in Bhadgaon, Jalgaon, Maharashtra, are allotted a unique IFSC like SBIN0011153 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Jalgaon.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Jalgaon and Bhadgaon.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to State Bank Of India in Bhadgaon reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code SBIN0011153
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 Bhadgaon in Jalgaon.
For example, the IFSC Code SBIN0011153 of State Bank Of India for the Bhadgaon branch has these elements, identifying the bank and the branch location in Jalgaon and Maharashtra correctly.
How to Find IFSC Code for State Bank Of India?
To find the IFSC Code SBIN0011153 of State Bank Of India for its Bhadgaon branch located in Jalgaon, 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 Jalgaon and Bhadgaon, 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 Bhadgaon or Jalgaon to find the exact IFSC Code SBIN0011153.
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 Jalgaon will provide accurate information.
How to Use IFSC Code SBIN0011153 for Online Transfers?
Once you have the IFSC Code SBIN0011153 for the Bhadgaon branch of State Bank Of India in Jalgaon, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SBIN0011153. 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 SBIN0011153.
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 Bhadgaon in Jalgaon, your payment can get delayed or might not go through at all.
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 Bhadgaon, 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 Jalgaon manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0011153.
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 Bus Stand,Bhadgaontal Bhadgaon,Jalgaonmaharashtra 424 105 located in Jalgaon, Bhadgaon, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.