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 Sogam branch in Kupwara, Sogam, Jammu And Kashmir, 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 Kupwara or anywhere in Jammu And Kashmir can easily transfer funds instantly by using the correct IFSC Code SBIN0017073. 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, Sogam, Kupwara

Here are the key points that are associated with the IFSC Code SBIN0017073 of State Bank Of India for its branch located in Kupwara, within the district of Sogam in the state of Jammu And Kashmir.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0017073
Branch Sogam
City Kupwara
District Sogam
State Jammu And Kashmir
Address Sogam,Near Jamia Masjid Sogam,Kupwara.Jammu And Kashmir 193223

These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in Kupwara for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0017073 for the Sogam 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 Sogam, Kupwara, Jammu And Kashmir, is provided a unique IFSC like SBIN0017073 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 Kupwara.
  • 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 Kupwara and Sogam.
  • 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 Jammu And Kashmir and the rest of India, the IFSC Code ensures that transactions meant for State Bank Of India in Sogam do not get misguided to another person.

Format of the IFSC Code SBIN0017073

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 Sogam in Kupwara.

For example, the IFSC Code SBIN0017073 of State Bank Of India for the Sogam branch has these elements, identifying the bank and the branch location in Kupwara and Jammu And Kashmir correctly.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0017073 of State Bank Of India for its Sogam branch located in Kupwara, 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 Kupwara and Sogam, 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 Sogam or Kupwara to get the exact IFSC Code SBIN0017073.

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 Kupwara, you'll get the correct details.

How to Use IFSC Code SBIN0017073 for Online Transfers?

Once you have the IFSC Code SBIN0017073 for the Sogam branch of State Bank Of India in Kupwara, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SBIN0017073. The transfer is completed in batches instead of instantly. It is useful for both 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 SBIN0017073.

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 Sogam in Kupwara, your payment can get delayed or might not go through at all.

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 Sogam, 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 Kupwara manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India Sogam Kupwara?

The IFSC Code of the Sogam Kupwara branch is SBIN0017073.

Is IFSC Code SBIN0017073 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the State Bank Of India Sogam branch?

The branch is located at Sogam,Near Jamia Masjid Sogam,Kupwara.Jammu And Kashmir 193223.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.