The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of State Bank Of India for its Thandla branch in Jhabua, Thandla, Madhya Pradesh, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of State Bank Of India located in Jhabua or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code SBIN0030050. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for State Bank Of India, Thandla, Jhabua

Here are some of the key details that come with the IFSC Code SBIN0030050 of State Bank Of India for its branch located in Jhabua, within the district of Thandla in the state of Madhya Pradesh.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0030050
Branch Thandla
City Jhabua
District Thandla
State Madhya Pradesh
Address M.G.Road,Thandla

These details help 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 SBIN0030050 for the Thandla 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including State Bank Of India located in Thandla, Jhabua, Madhya Pradesh, is provided a unique IFSC like SBIN0030050 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the State Bank Of India branch in Jhabua.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Jhabua and Thandla.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Madhya Pradesh and the rest of India, the IFSC Code ensures that transactions meant for State Bank Of India in Thandla do not get misguided to another person.

Format of the IFSC Code SBIN0030050

This is the format of the IFSC Code for banks, including State Bank Of India, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For State Bank Of India, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Thandla in Jhabua.

For example, the IFSC Code SBIN0030050 of State Bank Of India for the Thandla branch includes these elements, identifying the bank and the branch location in Jhabua and Madhya Pradesh accurately.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0030050 of State Bank Of India for its Thandla 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 Thandla, 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 Thandla or Jhabua to get the exact IFSC Code SBIN0030050.

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 SBIN0030050 for Online Transfers?

If you have the IFSC Code SBIN0030050 for the Thandla branch of State Bank Of India in Jhabua, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0030050. 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 SBIN0030050.

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 Thandla in Jhabua, it may result in delayed or failed transactions.

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 Thandla, 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)

What is the IFSC Code of State Bank Of India in Thandla, Jhabua?

The IFSC Code is SBIN0030050.

Is the IFSC Code SBIN0030050 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of State Bank Of India Thandla?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Thandla branch?

The address of the branch is M.G.Road,Thandla located in Jhabua, Thandla, Madhya Pradesh.

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.