Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of State Bank Of India for its Thanapipli branch in Junagadh, Junagadh, Gujarat, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of State Bank Of India located in Junagadh or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code SBIN0015816. You should definitely 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, Thanapipli, Junagadh
Below in the table are the key details related to IFSC Code SBIN0015816 of State Bank Of India for its branch located in Junagadh, within the district of Junagadh in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0015816 |
| Branch | Thanapipli |
| City | Junagadh |
| District | Junagadh |
| State | Gujarat |
| Address | Thanapipli Seva Sahakari Mandali Building, Thanapipli, Distjunagadh. Gujarat 362216 |
These details are important not only for users using online banking but also for businesses and individuals who use State Bank Of India in Junagadh for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0015816 for the Thanapipli 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 Thanapipli, Junagadh, Gujarat, is provided with a unique IFSC like SBIN0015816 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 Junagadh.
- 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 Junagadh and Junagadh.
- 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 Gujarat and the rest of India and the IFSC Code ensures that transactions meant for State Bank Of India in Thanapipli do not get mixed with another location.
Format of the IFSC Code SBIN0015816
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 Thanapipli in Junagadh.
For example, the IFSC Code SBIN0015816 of State Bank Of India for the Thanapipli branch includes these elements, identifying the bank and the branch location in Junagadh and Gujarat accurately.
How to Find IFSC Code for State Bank Of India?
If you are trying to find the IFSC Code SBIN0015816 of State Bank Of India for its Thanapipli branch located in Junagadh, 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 Junagadh and Junagadh, 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 Thanapipli or Junagadh to get the exact IFSC Code SBIN0015816.
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 Junagadh that will provide accurate information.
How to Use IFSC Code SBIN0015816 for Online Transfers?
Once you have the IFSC Code SBIN0015816 for the Thanapipli branch of State Bank Of India in Junagadh, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SBIN0015816. 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 SBIN0015816.
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 Thanapipli in Junagadh, 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 Thanapipli, here are some ways that 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.
If you know both IFSC and MICR codes, then it can help account holders in Junagadh manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0015816.
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 Thanapipli Seva Sahakari Mandali Building, Thanapipli, Distjunagadh. Gujarat 362216 located in Junagadh, Junagadh, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.