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IFSC Code of State Bank Of India, Sakherbazar, Kolkata, West Bengal — SBIN0002117

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 Sakherbazar branch in Kolkata, Kolkata, West Bengal, 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 Kolkata or anywhere in West Bengal can transfer funds instantly by using the correct IFSC Code SBIN0002117. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for State Bank Of India, Sakherbazar, Kolkata

Below in the table are the key details related to IFSC Code SBIN0002117 of State Bank Of India for its branch located in Kolkata, within the district of Kolkata in the state of West Bengal.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0002117
Branch Sakherbazar
City Kolkata
District Kolkata
State West Bengal
Address 15, Diamond Harbour Rd, Kolkata, 24 Parganas South , West Bengal, Pin 700008

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 SBIN0002117 for the Sakherbazar 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, along with State Bank Of India located in Sakherbazar, Kolkata, West Bengal, are allotted a unique IFSC like SBIN0002117 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Kolkata.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Kolkata and Kolkata.
  • 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 Sakherbazar reaches the right place, even though there are thousands of branches in West Bengal and across India.

Format of the IFSC Code SBIN0002117

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 Sakherbazar in Kolkata.

For example, the IFSC Code SBIN0002117 of State Bank Of India for the Sakherbazar branch includes these elements, identifying the bank and the branch location in Kolkata and West Bengal correctly.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0002117 of State Bank Of India for its Sakherbazar branch located in Kolkata, the following methods can help:

Cheque Book

The cheque books that are issued by State Bank Of India include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including State Bank Of India branches in Kolkata and Kolkata, 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 find the branch locator section. Search for Sakherbazar or Kolkata to get the exact IFSC Code SBIN0002117.

Mobile Banking App

If you use State Bank Of India's mobile app, you can easily 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 to help you in searching for State Bank Of India and Kolkata that will provide accurate information.

How to Use IFSC Code SBIN0002117 for Online Transfers?

Once you have the IFSC Code SBIN0002117 for the Sakherbazar branch of State Bank Of India in Kolkata, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0002117. Transfers are processed in batches. This is suitable for personal and business payments.

RTGS

Used for high-value payments above ₹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 SBIN0002117.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for State Bank Of India Sakherbazar in Kolkata may 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 Sakherbazar, here are some ways that 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.

If you know both IFSC and MICR codes, then it can help account holders in Kolkata manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India in Sakherbazar, Kolkata?

The IFSC Code is SBIN0002117.

Is the IFSC Code SBIN0002117 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of State Bank Of India Sakherbazar?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Sakherbazar branch?

The address of the branch is 15, Diamond Harbour Rd, Kolkata, 24 Parganas South , West Bengal, Pin 700008 located in Kolkata, Kolkata, West Bengal.

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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