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 Station Road, Mahasamund branch in Mahasamund, Mahasamund, Chattisgarh, 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 Mahasamund or anywhere in Chattisgarh can transfer funds instantly by using the correct IFSC Code SBIN0030364. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for State Bank Of India, Station Road, Mahasamund, Mahasamund
Here are the main details that are associated with the IFSC Code SBIN0030364 of State Bank Of India for its branch located in Mahasamund, within the district of Mahasamund in the state of Chattisgarh.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0030364 |
| Branch | Station Road, Mahasamund |
| City | Mahasamund |
| District | Mahasamund |
| State | Chattisgarh |
| Address | Station Road,Mahasamund |
These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in Mahasamund for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0030364 for the Station Road, Mahasamund 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, including State Bank Of India located in Station Road, Mahasamund, Mahasamund, Chattisgarh, is provided with a unique IFSC like SBIN0030364 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 Mahasamund.
- 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 Mahasamund and Mahasamund.
- 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 Chattisgarh and the rest of India and the IFSC Code ensures that transactions meant for State Bank Of India in Station Road, Mahasamund do not get mixed with another location.
Format of the IFSC Code SBIN0030364
The format of the IFSC Code for banks, including State Bank Of India, has 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 Station Road, Mahasamund in Mahasamund.
For example, the IFSC Code SBIN0030364 of State Bank Of India for the Station Road, Mahasamund branch includes these elements, identifying the bank and the branch location in Mahasamund and Chattisgarh correctly.
How to Find IFSC Code for State Bank Of India?
If you are trying to find the IFSC Code SBIN0030364 of State Bank Of India for its Station Road, Mahasamund branch located in Mahasamund, 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 Mahasamund and Mahasamund, 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 Station Road, Mahasamund or Mahasamund to get the exact IFSC Code SBIN0030364.
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 Mahasamund, you'll get the correct details.
How to Use IFSC Code SBIN0030364 for Online Transfers?
If you have the IFSC Code SBIN0030364 for the Station Road, Mahasamund branch of State Bank Of India in Mahasamund, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0030364. 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 SBIN0030364.
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 Station Road, Mahasamund in Mahasamund, it may result in delayed or failed transactions.
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 Station Road, Mahasamund, 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 Mahasamund manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0030364.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Station Road,Mahasamund located in Mahasamund, Mahasamund, Chattisgarh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.