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 Newra Road branch in Jodhpur, Vpo Newra Road, 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 Jodhpur or anywhere in Rajasthan can easily transfer funds instantly by using the correct IFSC Code SBIN0016161. 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, Newra Road, Jodhpur

Here are the key points that are associated with the IFSC Code SBIN0016161 of State Bank Of India for its branch located in Jodhpur, within the district of Vpo Newra Road in the state of Rajasthan.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0016161
Branch Newra Road
City Jodhpur
District Vpo Newra Road
State Rajasthan
Address Newra Road,Teh.Osian, Distt. Jodhpur Rajasthan342303

These details are important not only for users using online banking but also for businesses and individuals who use State Bank Of India in Jodhpur for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0016161 for the Newra Road branch of State Bank Of India is vital.

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 Newra Road, Jodhpur, Rajasthan, is provided with a unique IFSC like SBIN0016161 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 Jodhpur.
  • 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 Jodhpur and Vpo Newra Road.
  • 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 Rajasthan and the rest of India and the IFSC Code ensures that transactions meant for State Bank Of India in Newra Road do not get mixed with another location.

Format of the IFSC Code SBIN0016161

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 Newra Road in Jodhpur.

For example, the IFSC Code SBIN0016161 of State Bank Of India for the Newra Road branch includes these elements, identifying the bank and the branch location in Jodhpur and Rajasthan accurately.

How to Find IFSC Code for State Bank Of India?

If you are looking for the IFSC Code SBIN0016161 of State Bank Of India for its Newra Road branch located in Jodhpur, the following methods can help:

Cheque Book

The cheque book that is issued by State Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

Most of the banks, including State Bank Of India branches in Jodhpur and Vpo Newra Road, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

You can visit the official website of State Bank Of India and look for the branch locator section, then search for Newra Road or Jodhpur to get the exact IFSC Code SBIN0016161.

Mobile Banking App

If you use State Bank Of India's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for State Bank Of India and Jodhpur, then it will provide you proper information.

How to Use IFSC Code SBIN0016161 for Online Transfers?

Once you have the IFSC Code SBIN0016161 for the Newra Road branch of State Bank Of India in Jodhpur, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SBIN0016161. 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 SBIN0016161.

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 Newra Road in Jodhpur, your payment can get delayed or might not go through at all.

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 Newra Road, 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 Jodhpur 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 Newra Road, Jodhpur?

The IFSC Code is SBIN0016161.

Is the IFSC Code SBIN0016161 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 Newra Road?

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 Newra Road branch?

The address of the branch is Newra Road,Teh.Osian, Distt. Jodhpur Rajasthan342303 located in Jodhpur, Vpo Newra Road, 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.