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 Dbu Mangan branch in Mangan, Mangan, Sikkim, 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 Mangan or anywhere in Sikkim can transfer funds instantly by using the correct IFSC Code SBIN0064053. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for State Bank Of India, Dbu Mangan, Mangan
Here are the main details that are associated with the IFSC Code SBIN0064053 of State Bank Of India for its branch located in Mangan, within the district of Mangan in the state of Sikkim.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0064053 |
| Branch | Dbu Mangan |
| City | Mangan |
| District | Mangan |
| State | Sikkim |
| Address | State Bank Of India,C/O-Phuntsok Namgyal Bhutia,Lower Junichung,Below Power Colony,Mangan,North Sikkim-737116 |
These details are crucial, not just for online banking users but also for businesses and individuals who use State Bank Of India in Mangan for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0064053 for the Dbu Mangan 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 that is provided by the Reserve Bank of India. A unique IFSC like SBIN0064053 is given to every bank branch, including State Bank Of India located in Dbu Mangan, Mangan, Sikkim, 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 Mangan.
- 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 Mangan and Mangan.
- 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 Sikkim and the rest of India, which is why the IFSC Code ensures that transactions meant for State Bank Of India in Dbu Mangan doesn't end up at another location.
Format of the IFSC Code SBIN0064053
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 Dbu Mangan in Mangan.
For example, the IFSC Code SBIN0064053 of State Bank Of India for the Dbu Mangan branch includes these elements, identifying the bank and the branch location in Mangan and Sikkim accurately.
How to Find IFSC Code for State Bank Of India?
If you are trying to find the IFSC Code SBIN0064053 of State Bank Of India for its Dbu Mangan branch located in Mangan, 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 Mangan and Mangan, 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 Dbu Mangan or Mangan to get the exact IFSC Code SBIN0064053.
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 Mangan, you'll get the correct details.
How to Use IFSC Code SBIN0064053 for Online Transfers?
Once you have the IFSC Code SBIN0064053 for the Dbu Mangan branch of State Bank Of India in Mangan, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SBIN0064053. 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 SBIN0064053.
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 Dbu Mangan in Mangan, 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 Dbu Mangan, here are some ways to obtain 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.
Having both the IFSC and MICR codes makes it easy for account holders in Mangan to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0064053.
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 State Bank Of India,C/O-Phuntsok Namgyal Bhutia,Lower Junichung,Below Power Colony,Mangan,North Sikkim-737116 located in Mangan, Mangan, Sikkim.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.