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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of State Bank Of India for its Karimganj Bazar Evening Branch branch in Karimganj, Karimganj, or Assam, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of State Bank Of India located in Karimganj or anywhere in Assam can transfer funds instantly by using the correct IFSC Code SBIN0007960. 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, Karimganj Bazar Evening Branch, Karimganj
Here are the key points that are associated with the IFSC Code SBIN0007960 of State Bank Of India for its branch located in Karimganj, within the district of Karimganj in the state of Assam.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0007960 |
| Branch | Karimganj Bazar Evening Branch |
| City | Karimganj |
| District | Karimganj |
| State | Assam |
| Address | Masjid Road, Distt. Karimganj, Assam 788711 |
These details are important not only for users using online banking but also for businesses and individuals who use State Bank Of India in Karimganj for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0007960 for the Karimganj Bazar Evening Branch 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 Karimganj Bazar Evening Branch, Karimganj, Assam, is provided with a unique IFSC like SBIN0007960 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 Karimganj.
- 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 Karimganj and Karimganj.
- 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 Assam and the rest of India and the IFSC Code ensures that transactions meant for State Bank Of India in Karimganj Bazar Evening Branch do not get mixed with another location.
Format of the IFSC Code SBIN0007960
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 Karimganj Bazar Evening Branch in Karimganj.
For example, the IFSC Code SBIN0007960 of State Bank Of India for the Karimganj Bazar Evening Branch branch has these elements, identifying the bank and the branch location in Karimganj and Assam correctly.
How to Find IFSC Code for State Bank Of India?
If you are trying to find the IFSC Code SBIN0007960 of State Bank Of India for its Karimganj Bazar Evening Branch branch located in Karimganj, 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 Karimganj and Karimganj, 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 Karimganj Bazar Evening Branch or Karimganj to get the exact IFSC Code SBIN0007960.
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 Karimganj, you'll get the correct details.
How to Use IFSC Code SBIN0007960 for Online Transfers?
Once you have the IFSC Code SBIN0007960 for the Karimganj Bazar Evening Branch branch of State Bank Of India in Karimganj, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SBIN0007960. 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 SBIN0007960.
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 Karimganj Bazar Evening Branch in Karimganj, 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 Karimganj Bazar Evening Branch, 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 Karimganj manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0007960.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Masjid Road, Distt. Karimganj, Assam 788711 located in Karimganj, Karimganj, Assam.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.