IFSC Code of State Bank Of India, East Hill, Calicut, Kerala- SBIN0007941

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 East Hill branch in Kozhikode, Calicut, 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 Kozhikode or anywhere in Kerala can transfer funds instantly by using the correct IFSC Code SBIN0007941. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for State Bank Of India, East Hill, Kozhikode

Here are some of the key details that come with the IFSC Code SBIN0007941 of State Bank Of India for its branch located in Kozhikode, within the district of Calicut in the state of Kerala.

These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in Kozhikode for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0007941 for the East Hill branch of State Bank Of India plays an important 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 East Hill, Kozhikode, Kerala, is provided a unique IFSC like SBIN0007941 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 Kozhikode.
• 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 Kozhikode and Calicut.
• 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 Kerala and the rest of India, the IFSC Code ensures that transactions meant for State Bank Of India in East Hill do not get misguided to another person.

Format of the IFSC Code SBIN0007941

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 East Hill in Kozhikode.

For example, the IFSC Code SBIN0007941 of State Bank Of India for the East Hill branch has these elements, identifying the bank and the branch location in Kozhikode and Kerala correctly.

How to Find IFSC Code for State Bank Of India?

If you are looking for the IFSC Code SBIN0007941 of State Bank Of India for its East Hill branch located in Kozhikode, 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 Kozhikode and Calicut, 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 East Hill or Kozhikode to get the exact IFSC Code SBIN0007941.

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 Kozhikode, then it will provide you proper information.

How to Use IFSC Code SBIN0007941 for Online Transfers?

Once you have the IFSC Code SBIN0007941 for the East Hill branch of State Bank Of India in Kozhikode, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SBIN0007941. 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 SBIN0007941.

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 East Hill in Kozhikode, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of State Bank Of India in East Hill, here are some of the ways 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.

Knowing both IFSC and MICR code can help account holders in Kozhikode manage their online transfers and cheque clearances easily.