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 Prafulla Kanan branch in Kolkata, Prafullakanan, or West Bengal, 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 Kolkata or anywhere in West Bengal can transfer funds instantly by using the correct IFSC Code SBIN0011370. 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, Prafulla Kanan, Kolkata
Below in the table are the key details related to IFSC Code SBIN0011370 of State Bank Of India for its branch located in Kolkata, within the district of Prafullakanan in the state of West Bengal.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0011370 |
| Branch | Prafulla Kanan |
| City | Kolkata |
| District | Prafullakanan |
| State | West Bengal |
| Address | Ab30.By.1.Prafulla.Kanan.West,Kolkata700101 |
These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in Kolkata for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0011370 for the Prafulla Kanan 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, including State Bank Of India located in Prafulla Kanan, Kolkata, West Bengal, is provided with a unique IFSC like SBIN0011370 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 Kolkata.
- 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 Kolkata and Prafullakanan.
- 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 West Bengal and the rest of India and the IFSC Code ensures that transactions meant for State Bank Of India in Prafulla Kanan do not get mixed with another location.
Format of the IFSC Code SBIN0011370
This is the format of the IFSC Code for banks, including State Bank Of India, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For State Bank Of India, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Prafulla Kanan in Kolkata.
For example, the IFSC Code SBIN0011370 of State Bank Of India for the Prafulla Kanan branch includes these elements, identifying the bank and the branch location in Kolkata and West Bengal accurately.
How to Find IFSC Code for State Bank Of India?
To find the IFSC Code SBIN0011370 of State Bank Of India for its Prafulla Kanan branch located in Kolkata, 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 Kolkata and Prafullakanan, 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 Prafulla Kanan or Kolkata to find the exact IFSC Code SBIN0011370.
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 Kolkata will provide accurate information.
How to Use IFSC Code SBIN0011370 for Online Transfers?
Once you have the IFSC Code SBIN0011370 for the Prafulla Kanan branch of State Bank Of India in Kolkata, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SBIN0011370. 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 SBIN0011370.
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 Prafulla Kanan in Kolkata, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of State Bank Of India in Prafulla Kanan, here are some of the ways 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.
Knowing both IFSC and MICR code can help account holders in Kolkata manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0011370.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Ab30.By.1.Prafulla.Kanan.West,Kolkata700101 located in Kolkata, Prafullakanan, West Bengal.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.