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 Pirawa branch in Jhalawar, Pirawa, 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 Jhalawar or anywhere in Rajasthan can easily transfer funds instantly by using the correct IFSC Code SBIN0031274. 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, Pirawa, Jhalawar
The table below shows the main details of the IFSC Code SBIN0031274 for the State Bank Of India branch in Jhalawar, which falls under the Pirawa district in Rajasthan.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0031274 |
| Branch | Pirawa |
| City | Jhalawar |
| District | Pirawa |
| State | Rajasthan |
| Address | Distt Jhalawar 326034 |
These details help users in online banking and for businesses and individuals who use State Bank Of India in Jhalawar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0031274 for the Pirawa 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with State Bank Of India located in Pirawa, Jhalawar, Rajasthan, are allotted a unique IFSC like SBIN0031274 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Jhalawar.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Jhalawar and Pirawa.
- 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 Pirawa reaches the right place, even though there are thousands of branches in Rajasthan and across India.
Format of the IFSC Code SBIN0031274
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 Pirawa in Jhalawar.
For example, the IFSC Code SBIN0031274 of State Bank Of India for the Pirawa branch includes these elements, identifying the bank and the branch location in Jhalawar and Rajasthan accurately.
How to Find IFSC Code for State Bank Of India?
If you are trying to find the IFSC Code SBIN0031274 of State Bank Of India for its Pirawa branch located in Jhalawar, 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 Jhalawar and Pirawa, 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 Pirawa or Jhalawar to get the exact IFSC Code SBIN0031274.
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 Jhalawar that will provide accurate information.
How to Use IFSC Code SBIN0031274 for Online Transfers?
Once you have the IFSC Code SBIN0031274 for the Pirawa branch of State Bank Of India in Jhalawar, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SBIN0031274. 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 SBIN0031274.
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 Pirawa in Jhalawar, 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 Pirawa, 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 Jhalawar manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0031274.
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 Distt Jhalawar 326034 located in Jhalawar, Pirawa, Rajasthan.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.