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 Balagaon branch in Kokrajhar, Kokrajhar, Assam, 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 Kokrajhar or anywhere in Assam can transfer funds instantly by using the correct IFSC Code SBIN0007379. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for State Bank Of India, Balagaon, Kokrajhar

Here are the main details that are associated with the IFSC Code SBIN0007379 of State Bank Of India for its branch located in Kokrajhar, within the district of Kokrajhar in the state of Assam.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0007379
Branch Balagaon
City Kokrajhar
District Kokrajhar
State Assam
Address Dist,Kokrajharstate,Assampin,783370,

These details are important not only for users using online banking but also for businesses and individuals who use State Bank Of India in Kokrajhar for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0007379 for the Balagaon 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 Balagaon, Kokrajhar, Assam, is provided with a unique IFSC like SBIN0007379 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 Kokrajhar.
  • 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 Kokrajhar and Kokrajhar.
  • 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 Balagaon do not get mixed with another location.

Format of the IFSC Code SBIN0007379

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 Balagaon in Kokrajhar.

For example, the IFSC Code SBIN0007379 of State Bank Of India for the Balagaon branch includes these elements, identifying the bank and the branch location in Kokrajhar and Assam correctly.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0007379 of State Bank Of India for its Balagaon branch located in Kokrajhar, 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

You can easily find the IFSC and MICR codes because most banks, including State Bank Of India branches in Kokrajhar and Kokrajhar, print them 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 Balagaon or Kokrajhar to get the exact IFSC Code SBIN0007379.

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 Kokrajhar, you'll get the correct details.

How to Use IFSC Code SBIN0007379 for Online Transfers?

Once you have the IFSC Code SBIN0007379 for the Balagaon branch of State Bank Of India in Kokrajhar, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0007379. 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 SBIN0007379.

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 Balagaon in Kokrajhar, 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 Balagaon, 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 Kokrajhar 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 Balagaon Kokrajhar?

The IFSC Code of the Balagaon Kokrajhar branch is SBIN0007379.

Is IFSC Code SBIN0007379 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 Balagaon branch?

The branch is located at Dist,Kokrajharstate,Assampin,783370,.

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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