IFSC Code of State Bank Of India, Bhawara Katihar, Bhaura, Bihar — SBIN0015601

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 Bhawara Katihar branch in Katihar, Bhaura, Bihar, 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 Katihar or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code SBIN0015601. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for State Bank Of India, Bhawara Katihar, Katihar

Here are the key points that are associated with the IFSC Code SBIN0015601 of State Bank Of India for its branch located in Katihar, within the district of Bhaura in the state of Bihar.

These details are crucial, not just for online banking users but also for businesses and individuals who use State Bank Of India in Katihar for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0015601 for the Bhawara Katihar branch of State Bank Of India has 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 Bhawara Katihar, Katihar, Bihar, is provided a unique IFSC like SBIN0015601 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 Katihar.
• 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 Katihar and Bhaura.
• 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 Bihar and the rest of India, the IFSC Code ensures that transactions meant for State Bank Of India in Bhawara Katihar do not get misguided to another person.

Format of the IFSC Code SBIN0015601

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 Bhawara Katihar in Katihar.

For example, the IFSC Code SBIN0015601 of State Bank Of India for the Bhawara Katihar branch includes these elements, identifying the bank and the branch location in Katihar and Bihar accurately.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0015601 of State Bank Of India for its Bhawara Katihar branch located in Katihar, 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 Katihar and Bhaura, 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 Bhawara Katihar or Katihar to get the exact IFSC Code SBIN0015601.

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 Katihar that will provide accurate information.

How to Use IFSC Code SBIN0015601 for Online Transfers?

Once you have the IFSC Code SBIN0015601 for the Bhawara Katihar branch of State Bank Of India in Katihar, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0015601. Transfers are processed in batches. This is 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. Requires the recipient's account details and State Bank Of India IFSC Code SBIN0015601.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for State Bank Of India Bhawara Katihar in Katihar 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 Bhawara Katihar, 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 Katihar manage online transfers as well as cheque clearances with ease.