Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of State Bank Of India for its Basugaon branch in Kokrajhar, Kokrajhar, or Assam, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of State Bank Of India located in Kokrajhar or anywhere in Assam can transfer funds instantly by using the correct IFSC Code SBIN0002015. You should definitely 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, Basugaon, Kokrajhar
Here are the main details that are associated with the IFSC Code SBIN0002015 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 | SBIN0002015 |
| Branch | Basugaon |
| City | Kokrajhar |
| District | Kokrajhar |
| State | Assam |
| Address | Kokrajharassam |
These details help users in online banking and for businesses and individuals who use State Bank Of India in Kokrajhar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0002015 for the Basugaon branch of State Bank Of India has a very 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 Basugaon, Kokrajhar, Assam, are given a unique IFSC like SBIN0002015 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Kokrajhar.
- 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 Kokrajhar and Kokrajhar.
- 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 Basugaon goes to the correct branch. This is important because State Bank Of India has thousands of branches in Assam and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code SBIN0002015
The format of the IFSC Code for banks, including State Bank Of India, follows 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 Basugaon in Kokrajhar.
For example, the IFSC Code SBIN0002015 of State Bank Of India for the Basugaon branch includes these elements, identifying the bank and the branch location in Kokrajhar and Assam accurately.
How to Find IFSC Code for State Bank Of India?
To find the IFSC Code SBIN0002015 of State Bank Of India for its Basugaon branch located in Kokrajhar, 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 Kokrajhar and Kokrajhar, 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 Basugaon or Kokrajhar to find the exact IFSC Code SBIN0002015.
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 Kokrajhar will provide accurate information.
How to Use IFSC Code SBIN0002015 for Online Transfers?
Once you have the IFSC Code SBIN0002015 for the Basugaon branch of State Bank Of India in Kokrajhar, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SBIN0002015. 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 SBIN0002015.
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 Basugaon in Kokrajhar, 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 Basugaon, 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)
The IFSC Code is SBIN0002015.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Kokrajharassam located in Kokrajhar, Kokrajhar, Assam.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
