The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of State Bank Of India for its Pali branch in Lalitput, Pali, Uttar Pradesh, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of State Bank Of India located in Lalitput or anywhere in Uttar Pradesh can transfer funds instantly by using the correct IFSC Code SBIN0015543. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for State Bank Of India, Pali, Lalitput
The table below shows the main details of the IFSC Code SBIN0015543 for the State Bank Of India branch in Lalitput, which falls under the Pali district in Uttar Pradesh.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0015543 |
| Branch | Pali |
| City | Lalitput |
| District | Pali |
| State | Uttar Pradesh |
| Address | Near Ganesh Mandir, Bus Stand Pali, Pali, Distt. Lalitpur.Uttar Pradaesh284403 |
These details help users in online banking and for businesses and individuals who use State Bank Of India in Lalitput for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0015543 for the Pali branch of State Bank Of India has a very important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like SBIN0015543 is given to every bank branch, including State Bank Of India located in Pali, Lalitput, Uttar Pradesh, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the State Bank Of India branch in Lalitput.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Lalitput and Pali.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Uttar Pradesh and the rest of India, which is why the IFSC Code ensures that transactions meant for State Bank Of India in Pali doesn't end up at another location.
Format of the IFSC Code SBIN0015543
The format of the IFSC Code for banks, including State Bank Of India, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For State Bank Of India, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Pali in Lalitput.
For example, the IFSC Code SBIN0015543 of State Bank Of India for the Pali branch includes these elements, identifying the bank and the branch location in Lalitput and Uttar Pradesh accurately.
How to Find IFSC Code for State Bank Of India?
If you are trying to find the IFSC Code SBIN0015543 of State Bank Of India for its Pali branch located in Lalitput, 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 Lalitput and Pali, 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 Pali or Lalitput to get the exact IFSC Code SBIN0015543.
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 Lalitput, you'll get the correct details.
How to Use IFSC Code SBIN0015543 for Online Transfers?
Once you have the IFSC Code SBIN0015543 for the Pali branch of State Bank Of India in Lalitput, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0015543. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and State Bank Of India IFSC Code SBIN0015543.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for State Bank Of India Pali in Lalitput, it can result in delayed or failed transactions.
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 Pali, 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 Lalitput manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Pali Lalitput branch is SBIN0015543.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Near Ganesh Mandir, Bus Stand Pali, Pali, Distt. Lalitpur.Uttar Pradaesh284403.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.