IFSC Code of State Bank Of India, Ghugumali, Siliguri, West Bengal- SBIN0012408

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 Ghugumali branch in Jalpaiguri, Siliguri, West Bengal, 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 Jalpaiguri or anywhere in West Bengal can transfer funds instantly by using the correct IFSC Code SBIN0012408. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for State Bank Of India, Ghugumali, Jalpaiguri

Here are the main details that are associated with the IFSC Code SBIN0012408 of State Bank Of India for its branch located in Jalpaiguri, within the district of Siliguri in the state of West Bengal.

These details are important not only for users using online banking but also for businesses and individuals who use State Bank Of India in Jalpaiguri for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0012408 for the Ghugumali branch of State Bank Of India is vital.

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 SBIN0012408 is given to every bank branch, including State Bank Of India located in Ghugumali, Jalpaiguri, West Bengal, 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 Jalpaiguri.
• 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 Jalpaiguri and Siliguri.
• 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 West Bengal and the rest of India, which is why the IFSC Code ensures that transactions meant for State Bank Of India in Ghugumali doesn't end up at another location.

Format of the IFSC Code SBIN0012408

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 Ghugumali in Jalpaiguri.

For example, the IFSC Code SBIN0012408 of State Bank Of India for the Ghugumali branch includes these elements, identifying the bank and the branch location in Jalpaiguri and West Bengal accurately.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0012408 of State Bank Of India for its Ghugumali branch located in Jalpaiguri, 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 Jalpaiguri and Siliguri, 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 Ghugumali or Jalpaiguri to get the exact IFSC Code SBIN0012408.

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 Jalpaiguri that will provide accurate information.

How to Use IFSC Code SBIN0012408 for Online Transfers?

Once you have the IFSC Code SBIN0012408 for the Ghugumali branch of State Bank Of India in Jalpaiguri, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SBIN0012408. 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 SBIN0012408.

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 Ghugumali in Jalpaiguri, 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 Ghugumali, 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 Jalpaiguri to handle online money transfers and get their cheques cleared smoothly.