IFSC Code of State Bank Of India, Ghosi, Jahanabad, Bihar — SBIN0012602

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 Ghosi branch in Madhubani, Jahanabad, Bihar, 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 Madhubani or anywhere in Bihar can easily transfer funds instantly by using the correct IFSC Code SBIN0012602. 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, Ghosi, Madhubani

Here are the key points that are associated with the IFSC Code SBIN0012602 of State Bank Of India for its branch located in Madhubani, within the district of Jahanabad in the state of Bihar.

These details helps users in online banking and for businesses and individuals who use State Bank Of India in Madhubani for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0012602 for the Ghosi branch of State Bank Of India plays a vital 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 Ghosi, Madhubani, Bihar, are given a unique IFSC like SBIN0012602 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Madhubani.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It prevents any kind of confusion between different branches of the same bank in places like Madhubani and Jahanabad.
• It reduces errors in fund transfers and improves accuracy.
• It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to State Bank Of India in Ghosi goes to the correct branch. This is important because State Bank Of India has thousands of branches in Bihar and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code SBIN0012602

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 Ghosi in Madhubani.

For example, the IFSC Code SBIN0012602 of State Bank Of India for the Ghosi branch includes these elements, identifying the bank and the branch location in Madhubani and Bihar accurately.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0012602 of State Bank Of India for its Ghosi branch located in Madhubani, 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 Madhubani and Jahanabad, 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 Ghosi or Madhubani to get the exact IFSC Code SBIN0012602.

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 Madhubani, you'll get the correct details.

How to Use IFSC Code SBIN0012602 for Online Transfers?

Once you have the IFSC Code SBIN0012602 for the Ghosi branch of State Bank Of India in Madhubani, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SBIN0012602. 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 SBIN0012602.

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 Ghosi in Madhubani, 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 Ghosi, 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 Madhubani manage online transfers as well as cheque clearances with ease.