IFSC Code of State Bank Of India, Baikunthpur, Baikunthpur, Chandigarh — SBIN0000449

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 Baikunthpur branch in Koriya, Baikunthpur, Chandigarh, 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 Koriya or anywhere in Chandigarh can easily transfer funds instantly by using the correct IFSC Code SBIN0000449. 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, Baikunthpur, Koriya

Below in the table are the key details related to IFSC Code SBIN0000449 of State Bank Of India for its branch located in Koriya, within the district of Baikunthpur in the state of Chandigarh.

These details helps users in online banking and for businesses and individuals who use State Bank Of India in Koriya for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0000449 for the Baikunthpur 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including State Bank Of India located in Baikunthpur, Koriya, Chandigarh, is provided a unique IFSC like SBIN0000449 so that their online payments reach the right place.

The IFSC Code is important because:

• It uniquely recognizes the State Bank Of India branch in Koriya.
• Helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It avoids any confusions between multiple branches of the same bank across different places like Koriya and Baikunthpur.
• It reduces most of the errors in fund transfers and makes sure its accuracy.
• It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Chandigarh and the rest of India, the IFSC Code ensures that transactions meant for State Bank Of India in Baikunthpur do not get misguided to another person.

Format of the IFSC Code SBIN0000449

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 Baikunthpur in Koriya.

For example, the IFSC Code SBIN0000449 of State Bank Of India for the Baikunthpur branch includes these elements, identifying the bank and the branch location in Koriya and Chandigarh accurately.

How to Find IFSC Code for State Bank Of India?

To find the IFSC Code SBIN0000449 of State Bank Of India for its Baikunthpur branch located in Koriya, 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 Koriya and Baikunthpur, 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 Baikunthpur or Koriya to find the exact IFSC Code SBIN0000449.

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 Koriya will provide accurate information.

How to Use IFSC Code SBIN0000449 for Online Transfers?

Once you have the IFSC Code SBIN0000449 for the Baikunthpur branch of State Bank Of India in Koriya, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0000449. 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 SBIN0000449.

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 Baikunthpur in Koriya 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 Baikunthpur, 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 Koriya to handle online money transfers and get their cheques cleared smoothly.