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 Ladwa Road, Pipli branch in Kurukshetra, Pipli Kurukshetra, Haryana, 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 Kurukshetra or anywhere in Haryana can transfer funds instantly by using the correct IFSC Code SBIN0016968. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for State Bank Of India, Ladwa Road, Pipli, Kurukshetra
Here are some of the key details that come with the IFSC Code SBIN0016968 of State Bank Of India for its branch located in Kurukshetra, within the district of Pipli Kurukshetra in the state of Haryana.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0016968 |
| Branch | Ladwa Road, Pipli |
| City | Kurukshetra |
| District | Pipli Kurukshetra |
| State | Haryana |
| Address | Opp New Grain Market, Ladwa Road Pipli, Distt.Kurukshetra. Haryana 136118 |
These details are crucial, not just for online banking users but also for businesses and individuals who use State Bank Of India in Kurukshetra for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0016968 for the Ladwa Road, Pipli 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, including State Bank Of India located in Ladwa Road, Pipli, Kurukshetra, Haryana, is provided with a unique IFSC like SBIN0016968 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 Kurukshetra.
- 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 Kurukshetra and Pipli Kurukshetra.
- 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 Haryana and the rest of India and the IFSC Code ensures that transactions meant for State Bank Of India in Ladwa Road, Pipli do not get mixed with another location.
Format of the IFSC Code SBIN0016968
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): 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 Ladwa Road, Pipli in Kurukshetra.
For example, the IFSC Code SBIN0016968 of State Bank Of India for the Ladwa Road, Pipli branch includes these elements, identifying the bank and the branch location in Kurukshetra and Haryana accurately.
How to Find IFSC Code for State Bank Of India?
If you are trying to find the IFSC Code SBIN0016968 of State Bank Of India for its Ladwa Road, Pipli branch located in Kurukshetra, 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
You can easily find the IFSC and MICR codes because most banks, including State Bank Of India branches in Kurukshetra and Pipli Kurukshetra, print them 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 Ladwa Road, Pipli or Kurukshetra to get the exact IFSC Code SBIN0016968.
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 Kurukshetra, you'll get the correct details.
How to Use IFSC Code SBIN0016968 for Online Transfers?
Once you have the IFSC Code SBIN0016968 for the Ladwa Road, Pipli branch of State Bank Of India in Kurukshetra, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SBIN0016968. 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 SBIN0016968.
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 Ladwa Road, Pipli in Kurukshetra, 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 Ladwa Road, Pipli, 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 Kurukshetra manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0016968.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Opp New Grain Market, Ladwa Road Pipli, Distt.Kurukshetra. Haryana 136118 located in Kurukshetra, Pipli Kurukshetra, Haryana.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.