IFSC Code of State Bank Of India, Puthupally, Kottayam, Kerala- SBIN0070122

For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of State Bank Of India for its Puthupally branch in Kottayam, Kottayam, Kerala, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of State Bank Of India located in Kottayam or anywhere in Kerala can transfer funds instantly by using the correct IFSC Code SBIN0070122. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for State Bank Of India, Puthupally, Kottayam

Here are some of the key details that come with the IFSC Code SBIN0070122 of State Bank Of India for its branch located in Kottayam, within the district of Kottayam in the state of Kerala.

These details are crucial, not just for online banking users but also for businesses and individuals who use State Bank Of India in Kottayam for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0070122 for the Puthupally branch of State Bank Of India has an 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, along with State Bank Of India located in Puthupally, Kottayam, Kerala, are allotted a unique IFSC like SBIN0070122 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Kottayam.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It prevents confusion between different branches of the same bank in places like Kottayam and Kottayam.
• 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 Puthupally reaches the right place, even though there are thousands of branches in Kerala and across India.

Format of the IFSC Code SBIN0070122

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 Puthupally in Kottayam.

For example, the IFSC Code SBIN0070122 of State Bank Of India for the Puthupally branch includes these elements, identifying the bank and the branch location in Kottayam and Kerala correctly.

How to Find IFSC Code for State Bank Of India?

If you are looking for the IFSC Code SBIN0070122 of State Bank Of India for its Puthupally branch located in Kottayam, 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 Kottayam and Kottayam, 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 Puthupally or Kottayam to get the exact IFSC Code SBIN0070122.

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 Kottayam, then it will provide you proper information.

How to Use IFSC Code SBIN0070122 for Online Transfers?

Once you have the IFSC Code SBIN0070122 for the Puthupally branch of State Bank Of India in Kottayam, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SBIN0070122. 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 SBIN0070122.

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 Puthupally in Kottayam, your payment can get delayed or might not go through at all.

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 Puthupally, here are some ways that you can get 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.

If you know both IFSC and MICR codes, then it can help account holders in Kottayam manage online transfers as well as cheque clearances with ease.