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 Cac Katni branch in Katni, Katni, Madhya Pradesh, 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 Katni or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code SBIN0061890. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for State Bank Of India, Cac Katni, Katni

The table below shows the main details of the IFSC Code SBIN0061890 for the State Bank Of India branch in Katni, which falls under the Katni district in Madhya Pradesh.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0061890
Branch Cac Katni
City Katni
District Katni
State Madhya Pradesh
Address Katni Main Branch Premise Near Kutchry Kutchry Chowk,Katni,Madhya Pradesh 483501

These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in Katni for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0061890 for the Cac Katni 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with State Bank Of India located in Cac Katni, Katni, Madhya Pradesh, are given a unique IFSC like SBIN0061890 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Katni.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents any kind of confusion between different branches of the same bank in places like Katni and Katni.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to State Bank Of India in Cac Katni goes to the correct branch. This is important because State Bank Of India has thousands of branches in Madhya Pradesh and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code SBIN0061890

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 Cac Katni in Katni.

For example, the IFSC Code SBIN0061890 of State Bank Of India for the Cac Katni branch includes these elements, identifying the bank and the branch location in Katni and Madhya Pradesh correctly.

How to Find IFSC Code for State Bank Of India?

To find the IFSC Code SBIN0061890 of State Bank Of India for its Cac Katni branch located in Katni, the following methods can help you out:

Cheque Book

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

Passbook

Most banks, including State Bank Of India branches in Katni and Katni, 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 go to the branch locator section. Then search for Cac Katni or Katni to find the exact IFSC Code SBIN0061890.

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 maintains an updated database of all IFSC codes. Searching for State Bank Of India and Katni will provide accurate information.

How to Use IFSC Code SBIN0061890 for Online Transfers?

Once you have the IFSC Code SBIN0061890 for the Cac Katni branch of State Bank Of India in Katni, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0061890. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and State Bank Of India IFSC Code SBIN0061890.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for State Bank Of India Cac Katni in Katni, it can 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 Cac Katni, 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 Katni manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India in Cac Katni, Katni?

The IFSC Code is SBIN0061890.

Is the IFSC Code SBIN0061890 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 Cac Katni?

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 Cac Katni branch?

The address of the branch is Katni Main Branch Premise Near Kutchry Kutchry Chowk,Katni,Madhya Pradesh 483501 located in Katni, Katni, Madhya Pradesh.

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.

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