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 Shardul Market Jhunjhunu branch in Jhunjhunu, Jhunjhunu, Rajasthan, 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 Jhunjhunu or anywhere in Rajasthan can transfer funds instantly by using the correct IFSC Code SBIN0062018. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for State Bank Of India, Shardul Market Jhunjhunu, Jhunjhunu

Below in the table are the key details related to IFSC Code SBIN0062018 of State Bank Of India for its branch located in Jhunjhunu, within the district of Jhunjhunu in the state of Rajasthan.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0062018
Branch Shardul Market Jhunjhunu
City Jhunjhunu
District Jhunjhunu
State Rajasthan
Address Opposite Main Post Office,Road No.1,Shardul Market Jhunjhunu-333001

These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in Jhunjhunu for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0062018 for the Shardul Market Jhunjhunu branch of State Bank Of India plays 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, along with State Bank Of India located in Shardul Market Jhunjhunu, Jhunjhunu, Rajasthan, are allotted a unique IFSC like SBIN0062018 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Jhunjhunu.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Jhunjhunu and Jhunjhunu.
  • 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 Shardul Market Jhunjhunu reaches the right place, even though there are thousands of branches in Rajasthan and across India.

Format of the IFSC Code SBIN0062018

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 Shardul Market Jhunjhunu in Jhunjhunu.

For example, the IFSC Code SBIN0062018 of State Bank Of India for the Shardul Market Jhunjhunu branch has these elements, identifying the bank and the branch location in Jhunjhunu and Rajasthan correctly.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0062018 of State Bank Of India for its Shardul Market Jhunjhunu branch located in Jhunjhunu, the following methods can help:

Cheque Book

The cheque book issued by State Bank Of India includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

Most banks, including State Bank Of India branches in Jhunjhunu and Jhunjhunu, print the IFSC and MICR codes on the first page of your passbook.

Bank Website

Visit the official website of State Bank Of India and navigate to the branch locator section. Search for Shardul Market Jhunjhunu or Jhunjhunu to get the exact IFSC Code SBIN0062018.

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 keeps an updated list of all IFSC codes. If you search for State Bank Of India and Jhunjhunu, you'll get the correct details.

How to Use IFSC Code SBIN0062018 for Online Transfers?

If you have the IFSC Code SBIN0062018 for the Shardul Market Jhunjhunu branch of State Bank Of India in Jhunjhunu, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0062018. 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 SBIN0062018.

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 Shardul Market Jhunjhunu in Jhunjhunu, it may result in delayed or failed transactions.

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 Shardul Market Jhunjhunu, 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 Jhunjhunu to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India in Shardul Market Jhunjhunu, Jhunjhunu?

The IFSC Code is SBIN0062018.

Is the IFSC Code SBIN0062018 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 Shardul Market Jhunjhunu?

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 Shardul Market Jhunjhunu branch?

The address of the branch is Opposite Main Post Office,Road No.1,Shardul Market Jhunjhunu-333001 located in Jhunjhunu, Jhunjhunu, Rajasthan.

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.

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