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 Pattazhi branch in Kollam, Pattazhi, or Kerala, 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 Kollam or anywhere in Kerala can transfer funds instantly by using the correct IFSC Code SBIN0070948. 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, Pattazhi, Kollam
The table below shows the main details of the IFSC Code SBIN0070948 for the State Bank Of India branch in Kollam, which falls under the Pattazhi district in Kerala.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0070948 |
| Branch | Pattazhi |
| City | Kollam |
| District | Pattazhi |
| State | Kerala |
| Address | Buildingno841,842,Sivaparvathybuilding,Thachakulamjn,Pattazhipo691522Pattazhiatsbtcoin |
These details helps users in online banking and for businesses and individuals who use State Bank Of India in Kollam for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0070948 for the Pattazhi branch of State Bank Of India plays a vital 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 Pattazhi, Kollam, Kerala, are allotted a unique IFSC like SBIN0070948 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Kollam.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Kollam and Pattazhi.
- 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 Pattazhi reaches the right place, even though there are thousands of branches in Kerala and across India.
Format of the IFSC Code SBIN0070948
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 Pattazhi in Kollam.
For example, the IFSC Code SBIN0070948 of State Bank Of India for the Pattazhi branch includes these elements, identifying the bank and the branch location in Kollam and Kerala correctly.
How to Find IFSC Code for State Bank Of India?
To find the IFSC Code SBIN0070948 of State Bank Of India for its Pattazhi branch located in Kollam, 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 Kollam and Pattazhi, 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 Pattazhi or Kollam to find the exact IFSC Code SBIN0070948.
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 Kollam will provide accurate information.
How to Use IFSC Code SBIN0070948 for Online Transfers?
Once you have the IFSC Code SBIN0070948 for the Pattazhi branch of State Bank Of India in Kollam, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SBIN0070948. The transfer is completed in batches instead of instantly. It is useful for both 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 SBIN0070948.
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 Pattazhi in Kollam, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of State Bank Of India in Pattazhi, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official State Bank Of India website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Kollam manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Pattazhi Kollam branch is SBIN0070948.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Buildingno841,842,Sivaparvathybuilding,Thachakulamjn,Pattazhipo691522Pattazhiatsbtcoin.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.