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 Barua Sagar Jhansi branch in Jhansi, Jhansi, Uttar Pradesh, 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 Jhansi or anywhere in Uttar Pradesh can easily transfer funds instantly by using the correct IFSC Code SBIN0017229. 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, Barua Sagar Jhansi, Jhansi
Here are the main details that are associated with the IFSC Code SBIN0017229 of State Bank Of India for its branch located in Jhansi, within the district of Jhansi in the state of Uttar Pradesh.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0017229 |
| Branch | Barua Sagar Jhansi |
| City | Jhansi |
| District | Jhansi |
| State | Uttar Pradesh |
| Address | Near Nagar Palika Parishad,Baruasagar,Distt Jhansi,Uttar Pradesh 284201 |
These details are crucial, not just for online banking users but also for businesses and individuals who use State Bank Of India in Jhansi for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0017229 for the Barua Sagar Jhansi branch of State Bank Of India has 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, including State Bank Of India located in Barua Sagar Jhansi, Jhansi, Uttar Pradesh, is provided with a unique IFSC like SBIN0017229 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the State Bank Of India branch in Jhansi.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Jhansi and Jhansi.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Uttar Pradesh and the rest of India and the IFSC Code ensures that transactions meant for State Bank Of India in Barua Sagar Jhansi do not get mixed with another location.
Format of the IFSC Code SBIN0017229
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 Barua Sagar Jhansi in Jhansi.
For example, the IFSC Code SBIN0017229 of State Bank Of India for the Barua Sagar Jhansi branch has these elements, identifying the bank and the branch location in Jhansi and Uttar Pradesh correctly.
How to Find IFSC Code for State Bank Of India?
To find the IFSC Code SBIN0017229 of State Bank Of India for its Barua Sagar Jhansi branch located in Jhansi, 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 Jhansi and Jhansi, 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 Barua Sagar Jhansi or Jhansi to find the exact IFSC Code SBIN0017229.
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 Jhansi will provide accurate information.
How to Use IFSC Code SBIN0017229 for Online Transfers?
Once you have the IFSC Code SBIN0017229 for the Barua Sagar Jhansi branch of State Bank Of India in Jhansi, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0017229. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and State Bank Of India IFSC Code SBIN0017229.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for State Bank Of India Barua Sagar Jhansi in Jhansi, it can 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 Barua Sagar Jhansi, 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 Jhansi manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0017229.
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 Near Nagar Palika Parishad,Baruasagar,Distt Jhansi,Uttar Pradesh 284201 located in Jhansi, Jhansi, Uttar Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.