IFSC Code of State Bank Of India, Pooyapally, Poyapally, Kerala — SBIN0070073

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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of State Bank Of India for its Pooyapally branch in Kollam, Poyapally, Kerala, then this guide will give you detailed information.

The banking system has evolved significantly 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 SBIN0070073. 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, Pooyapally, Kollam

Here are the main details that are associated with the IFSC Code SBIN0070073 of State Bank Of India for its branch located in Kollam, within the district of Poyapally in the state of Kerala.

These details are important not only for users using online banking but also for businesses and individuals who use State Bank Of India in Kollam for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0070073 for the Pooyapally branch of State Bank Of India is vital.

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 Pooyapally, Kollam, Kerala, are given a unique IFSC like SBIN0070073 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 any kind of confusion between different branches of the same bank in places like Kollam and Poyapally.
• 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 Pooyapally goes to the correct branch. This is important because State Bank Of India has thousands of branches in Kerala and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code SBIN0070073

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 Pooyapally in Kollam.

For example, the IFSC Code SBIN0070073 of State Bank Of India for the Pooyapally 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?

If you are looking for the IFSC Code SBIN0070073 of State Bank Of India for its Pooyapally branch located in Kollam, 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 Kollam and Poyapally, 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 Pooyapally or Kollam to get the exact IFSC Code SBIN0070073.

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 Kollam, then it will provide you proper information.

How to Use IFSC Code SBIN0070073 for Online Transfers?

Once you have the IFSC Code SBIN0070073 for the Pooyapally 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 SBIN0070073. 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 SBIN0070073.

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 Pooyapally 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 Pooyapally, 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.