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 Hirodih branch in Koderma, Hirodih, Jharkhand, 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 Koderma or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code SBIN0008150. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for State Bank Of India, Hirodih, Koderma

Here are the main details that are associated with the IFSC Code SBIN0008150 of State Bank Of India for its branch located in Koderma, within the district of Hirodih in the state of Jharkhand.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0008150
Branch Hirodih
City Koderma
District Hirodih
State Jharkhand
Address Dist Kodarma, Jharkhand

These details are important not only for users using online banking but also for businesses and individuals who use State Bank Of India in Koderma for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0008150 for the Hirodih 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, along with State Bank Of India located in Hirodih, Koderma, Jharkhand, are allotted a unique IFSC like SBIN0008150 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

It makes sure that money sent to State Bank Of India in Hirodih reaches the right place, even though there are thousands of branches in Jharkhand and across India.

Format of the IFSC Code SBIN0008150

The format of the IFSC Code for banks, including State Bank Of India, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown of this:

  • First 4 characters (AAAA): Represent the bank code. For State Bank Of India, these characters are the bank's short identifier.
  • 5th character (0): Always zero which is reserved for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Hirodih in Koderma.

For example, the IFSC Code SBIN0008150 of State Bank Of India for the Hirodih branch includes these elements, identifying the bank and the branch location in Koderma and Jharkhand accurately.

How to Find IFSC Code for State Bank Of India?

If you are looking for the IFSC Code SBIN0008150 of State Bank Of India for its Hirodih branch located in Koderma, the following methods can help:

Cheque Book

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

Passbook

Most of the banks, including State Bank Of India branches in Koderma and Hirodih, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

You can visit the official website of State Bank Of India and look for the branch locator section, then search for Hirodih or Koderma to get the exact IFSC Code SBIN0008150.

Mobile Banking App

If you use State Bank Of India's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for State Bank Of India and Koderma, then it will provide you proper information.

How to Use IFSC Code SBIN0008150 for Online Transfers?

Once you have the IFSC Code SBIN0008150 for the Hirodih branch of State Bank Of India in Koderma, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SBIN0008150. 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 SBIN0008150.

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 Hirodih in Koderma, 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 Hirodih, here are some ways to obtain 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.

Having both the IFSC and MICR codes makes it easy for account holders in Koderma to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India Hirodih Koderma?

The IFSC Code of the Hirodih Koderma branch is SBIN0008150.

Is IFSC Code SBIN0008150 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the State Bank Of India Hirodih branch?

The branch is located at Dist Kodarma, Jharkhand.

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.