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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of State Bank Of India for its Jhabua branch in Jhabua, Jhabua, or Madhya Pradesh, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of State Bank Of India located in Jhabua or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code SBIN0000396. 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, Jhabua, Jhabua
Below in the table are the key details related to IFSC Code SBIN0000396 of State Bank Of India for its branch located in Jhabua, within the district of Jhabua in the state of Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0000396 |
| Branch | Jhabua |
| City | Jhabua |
| District | Jhabua |
| State | Madhya Pradesh |
| Address | Dist Jhabua,Madhya Pradesh 457661 |
These details helps users in online banking and for businesses and individuals who use State Bank Of India in Jhabua for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0000396 for the Jhabua 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 Jhabua, Jhabua, Madhya Pradesh, are allotted a unique IFSC like SBIN0000396 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Jhabua.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Jhabua and Jhabua.
- 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 Jhabua reaches the right place, even though there are thousands of branches in Madhya Pradesh and across India.
Format of the IFSC Code SBIN0000396
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 Jhabua in Jhabua.
For example, the IFSC Code SBIN0000396 of State Bank Of India for the Jhabua branch has these elements, identifying the bank and the branch location in Jhabua and Madhya Pradesh correctly.
How to Find IFSC Code for State Bank Of India?
If you are trying to find the IFSC Code SBIN0000396 of State Bank Of India for its Jhabua branch located in Jhabua, 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 Jhabua and Jhabua, 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 Jhabua or Jhabua to get the exact IFSC Code SBIN0000396.
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 Jhabua that will provide accurate information.
How to Use IFSC Code SBIN0000396 for Online Transfers?
Once you have the IFSC Code SBIN0000396 for the Jhabua branch of State Bank Of India in Jhabua, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SBIN0000396. 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 SBIN0000396.
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 Jhabua in Jhabua, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of State Bank Of India in Jhabua, here are some of the ways you can get 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.
Knowing both IFSC and MICR code can help account holders in Jhabua manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0000396.
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 Dist Jhabua,Madhya Pradesh 457661 located in Jhabua, Jhabua, Madhya Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
