The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of State Bank Of India for its Vairengte branch in Kolasib, Vairengte, Mizoram, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of State Bank Of India located in Kolasib or anywhere in Mizoram can transfer funds instantly by using the correct IFSC Code SBIN0006993. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for State Bank Of India, Vairengte, Kolasib

Here are the key points that are associated with the IFSC Code SBIN0006993 of State Bank Of India for its branch located in Kolasib, within the district of Vairengte in the state of Mizoram.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0006993
Branch Vairengte
City Kolasib
District Vairengte
State Mizoram
Address Dist Kolasib,Mizoram 796081

These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in Kolasib for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0006993 for the Vairengte 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including State Bank Of India located in Vairengte, Kolasib, Mizoram, is provided a unique IFSC like SBIN0006993 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 Kolasib.
  • 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 Kolasib and Vairengte.
  • 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 Mizoram and the rest of India, the IFSC Code ensures that transactions meant for State Bank Of India in Vairengte do not get misguided to another person.

Format of the IFSC Code SBIN0006993

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 Vairengte in Kolasib.

For example, the IFSC Code SBIN0006993 of State Bank Of India for the Vairengte branch includes these elements, identifying the bank and the branch location in Kolasib and Mizoram accurately.

How to Find IFSC Code for State Bank Of India?

If you are looking for the IFSC Code SBIN0006993 of State Bank Of India for its Vairengte branch located in Kolasib, 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 Kolasib and Vairengte, 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 Vairengte or Kolasib to get the exact IFSC Code SBIN0006993.

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 Kolasib, then it will provide you proper information.

How to Use IFSC Code SBIN0006993 for Online Transfers?

Once you have the IFSC Code SBIN0006993 for the Vairengte branch of State Bank Of India in Kolasib, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0006993. 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 SBIN0006993.

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 Vairengte in Kolasib, 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 Vairengte, 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 Kolasib 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 in Vairengte, Kolasib?

The IFSC Code is SBIN0006993.

Is the IFSC Code SBIN0006993 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 Vairengte?

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 Vairengte branch?

The address of the branch is Dist Kolasib,Mizoram 796081 located in Kolasib, Vairengte, Mizoram.

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.