Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of State Bank Of India for its Khosa Pando branch in Moga, Moga, Punjab, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of State Bank Of India located in Moga or anywhere in Punjab can transfer funds instantly by using the correct IFSC Code SBIN0007175. You should definitely 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, Khosa Pando, Moga
The table below shows the main details of the IFSC Code SBIN0007175 for the State Bank Of India branch in Moga, which falls under the Moga district in Punjab.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0007175 |
| Branch | Khosa Pando |
| City | Moga |
| District | Moga |
| State | Punjab |
| Address | Dist Moga, Punjab 142048 |
These details are crucial, not just for online banking users but also for businesses and individuals who use State Bank Of India in Moga for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0007175 for the Khosa Pando 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 provided by the Reserve Bank of India. Every bank branch, along with State Bank Of India located in Khosa Pando, Moga, Punjab, are allotted a unique IFSC like SBIN0007175 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Moga.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Moga and Moga.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to State Bank Of India in Khosa Pando reaches the right place, even though there are thousands of branches in Punjab and across India.
Format of the IFSC Code SBIN0007175
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 Khosa Pando in Moga.
For example, the IFSC Code SBIN0007175 of State Bank Of India for the Khosa Pando branch includes these elements, identifying the bank and the branch location in Moga and Punjab accurately.
How to Find IFSC Code for State Bank Of India?
If you are looking for the IFSC Code SBIN0007175 of State Bank Of India for its Khosa Pando branch located in Moga, the following methods can help:
Cheque Book
The cheque book that is issued by State Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including State Bank Of India branches in Moga and Moga, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of State Bank Of India and look for the branch locator section, then search for Khosa Pando or Moga to get the exact IFSC Code SBIN0007175.
Mobile Banking App
If you use State Bank Of India's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for State Bank Of India and Moga, then it will provide you proper information.
How to Use IFSC Code SBIN0007175 for Online Transfers?
Once you have the IFSC Code SBIN0007175 for the Khosa Pando branch of State Bank Of India in Moga, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0007175. 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 SBIN0007175.
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 Khosa Pando in Moga, it can 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 Khosa Pando, 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 Moga manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0007175.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Dist Moga, Punjab 142048 located in Moga, Moga, Punjab.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.