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 Sarisab Pahi branch in Madhubani, Sarisab Pahi, 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 SBIN0014296. 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, Sarisab Pahi, Madhubani
Here are the main details that are associated with the IFSC Code SBIN0014296 of State Bank Of India for its branch located in Madhubani, within the district of Sarisab Pahi in the state of Bihar.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0014296 |
| Branch | Sarisab Pahi |
| City | Madhubani |
| District | Sarisab Pahi |
| State | Bihar |
| Address | Gangashram,At And P O Sarisab Pahi,Distt Madhubani,Dist Bihar0 847424 |
These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in Madhubani for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0014296 for the Sarisab Pahi 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with State Bank Of India located in Sarisab Pahi, Madhubani, Bihar, are given a unique IFSC like SBIN0014296 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 Sarisab Pahi.
- 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 Sarisab Pahi 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 SBIN0014296
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 Sarisab Pahi in Madhubani.
For example, the IFSC Code SBIN0014296 of State Bank Of India for the Sarisab Pahi 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 SBIN0014296 of State Bank Of India for its Sarisab Pahi branch located in Madhubani, the following methods can help:
Cheque Book
The cheque books that are issued by State Bank Of India include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including State Bank Of India branches in Madhubani and Sarisab Pahi, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of State Bank Of India and find the branch locator section. Search for Sarisab Pahi or Madhubani to get the exact IFSC Code SBIN0014296.
Mobile Banking App
If you use State Bank Of India's mobile app, you can easily check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for State Bank Of India and Madhubani that will provide accurate information.
How to Use IFSC Code SBIN0014296 for Online Transfers?
If you have the IFSC Code SBIN0014296 for the Sarisab Pahi branch of State Bank Of India in Madhubani, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0014296. Transfers are processed in batches. Suitable for 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. Asks for the recipient's account details and State Bank Of India IFSC Code SBIN0014296.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for State Bank Of India Sarisab Pahi in Madhubani, it may result in delayed or failed transactions.
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 Sarisab Pahi, 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 Madhubani manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0014296.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Gangashram,At And P O Sarisab Pahi,Distt Madhubani,Dist Bihar0 847424 located in Madhubani, Sarisab Pahi, Bihar.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.