IFSC Code of State Bank Of India, Makadi, Makadi, Chattisgarh — SBIN0016191

There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of State Bank Of India for its Makadi branch in Kondagaon, Makadi, Chattisgarh, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of State Bank Of India situated in Kondagaon or anywhere in Chattisgarh can easily transfer funds instantly by using the correct IFSC Code SBIN0016191. You should 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, Makadi, Kondagaon

Below in the table are the key details related to IFSC Code SBIN0016191 of State Bank Of India for its branch located in Kondagaon, within the district of Makadi in the state of Chattisgarh.

These details are important not only for users using online banking but also for businesses and individuals who use State Bank Of India in Kondagaon for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0016191 for the Makadi 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, including State Bank Of India located in Makadi, Kondagaon, Chattisgarh, is provided with a unique IFSC like SBIN0016191 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 Kondagaon.
• 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 Kondagaon and Makadi.
• 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 Chattisgarh and the rest of India and the IFSC Code ensures that transactions meant for State Bank Of India in Makadi do not get mixed with another location.

Format of the IFSC Code SBIN0016191

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 Makadi in Kondagaon.

For example, the IFSC Code SBIN0016191 of State Bank Of India for the Makadi branch includes these elements, identifying the bank and the branch location in Kondagaon and Chattisgarh accurately.

How to Find IFSC Code for State Bank Of India?

To find the IFSC Code SBIN0016191 of State Bank Of India for its Makadi branch located in Kondagaon, 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 Kondagaon and Makadi, 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 Makadi or Kondagaon to find the exact IFSC Code SBIN0016191.

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 Kondagaon will provide accurate information.

How to Use IFSC Code SBIN0016191 for Online Transfers?

Once you have the IFSC Code SBIN0016191 for the Makadi branch of State Bank Of India in Kondagaon, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0016191. 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 SBIN0016191.

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 Makadi in Kondagaon, 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 Makadi, 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 Kondagaon to handle online money transfers and get their cheques cleared smoothly.