IFSC Code of State Bank Of India, Gevra Project, Korba, Chattisgarh — SBIN0009343

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 Gevra Project branch in Korba, Korba, 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 Korba or anywhere in Chattisgarh can easily transfer funds instantly by using the correct IFSC Code SBIN0009343. 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, Gevra Project, Korba

The table below shows the main details of the IFSC Code SBIN0009343 for the State Bank Of India branch in Korba, which falls under the Korba district in Chattisgarh.

These details help users in online banking and for businesses and individuals who use State Bank Of India in Korba for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0009343 for the Gevra Project branch of State Bank Of India has a very 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 Gevra Project, Korba, Chattisgarh, is provided with a unique IFSC like SBIN0009343 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 Korba.
• 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 Korba and Korba.
• 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 Gevra Project do not get mixed with another location.

Format of the IFSC Code SBIN0009343

The format of the IFSC Code for banks, including State Bank Of India, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

• First 4 characters (AAAA): These represent the bank code. In State Bank Of India, they are a short identifier for the bank.
• 5th character (0): This is always zero and is reserved for future use.
• Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Gevra Project in Korba.

For example, the IFSC Code SBIN0009343 of State Bank Of India for the Gevra Project branch has these elements, identifying the bank and the branch location in Korba and Chattisgarh correctly.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0009343 of State Bank Of India for its Gevra Project branch located in Korba, the following methods can help:

Cheque Book

The cheque book issued by State Bank Of India includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

Most banks, including State Bank Of India branches in Korba and Korba, print the IFSC and MICR codes on the first page of your passbook.

Bank Website

Visit the official website of State Bank Of India and navigate to the branch locator section. Search for Gevra Project or Korba to get the exact IFSC Code SBIN0009343.

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 keeps an updated list of all IFSC codes. If you search for State Bank Of India and Korba, you'll get the correct details.

How to Use IFSC Code SBIN0009343 for Online Transfers?

Once you have the IFSC Code SBIN0009343 for the Gevra Project branch of State Bank Of India in Korba, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0009343. 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 SBIN0009343.

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 Gevra Project in Korba may result in delayed or failed transactions.

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 Gevra Project, 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 Korba manage online transfers as well as cheque clearances with ease.