IFSC Code of State Bank Of India, Basholi, Kathua, Jammu And Kashmir — SBIN0004416

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 Basholi branch in Kathua, Kathua, Jammu And Kashmir, 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 Kathua or anywhere in Jammu And Kashmir can easily transfer funds instantly by using the correct IFSC Code SBIN0004416. 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, Basholi, Kathua

Here are the key points that are associated with the IFSC Code SBIN0004416 of State Bank Of India for its branch located in Kathua, within the district of Kathua in the state of Jammu And Kashmir.

These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in Kathua for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0004416 for the Basholi 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including State Bank Of India located in Basholi, Kathua, Jammu And Kashmir, is provided a unique IFSC like SBIN0004416 so that their online payments reach the right place.

The IFSC Code is important because:

• It uniquely recognizes the State Bank Of India branch in Kathua.
• Helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It avoids any confusions between multiple branches of the same bank across different places like Kathua and Kathua.
• It reduces most of the errors in fund transfers and makes sure its accuracy.
• It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Jammu And Kashmir and the rest of India, the IFSC Code ensures that transactions meant for State Bank Of India in Basholi do not get misguided to another person.

Format of the IFSC Code SBIN0004416

The format of the IFSC Code for banks, including State Bank Of India, has 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 Basholi in Kathua.

For example, the IFSC Code SBIN0004416 of State Bank Of India for the Basholi branch includes these elements, identifying the bank and the branch location in Kathua and Jammu And Kashmir correctly.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0004416 of State Bank Of India for its Basholi branch located in Kathua, 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 Kathua and Kathua, 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 Basholi or Kathua to get the exact IFSC Code SBIN0004416.

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 Kathua, you'll get the correct details.

How to Use IFSC Code SBIN0004416 for Online Transfers?

Once you have the IFSC Code SBIN0004416 for the Basholi branch of State Bank Of India in Kathua, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SBIN0004416. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 SBIN0004416.

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 Basholi in Kathua, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of State Bank Of India in Basholi, you can find it by any of the following ways:

• Check the bottom of your cheque leaf.
• Go to the first page of your passbook.
• Visit the official State Bank Of India website.
• Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Kathua manage online transfers as well as cheque clearances with ease.