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 Tizit branch in Mokokchung, Mokokchung, Nagaland, 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 Mokokchung or anywhere in Nagaland can transfer funds instantly by using the correct IFSC Code SBIN0061345. 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, Tizit, Mokokchung
Here are some of the key details that come with the IFSC Code SBIN0061345 of State Bank Of India for its branch located in Mokokchung, within the district of Mokokchung in the state of Nagaland.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0061345 |
| Branch | Tizit |
| City | Mokokchung |
| District | Mokokchung |
| State | Nagaland |
| Address | Near Raja Bazaar,Opposite 6Th Nap Bn Hq,Tizit,P.O.- Tizit,Dist.- Mon,Nagaland 798602 |
These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in Mokokchung for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0061345 for the Tizit 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 that is provided by the Reserve Bank of India. A unique IFSC like SBIN0061345 is given to every bank branch, including State Bank Of India located in Tizit, Mokokchung, Nagaland, 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 Mokokchung.
- 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 Mokokchung and Mokokchung.
- 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 Nagaland and the rest of India, which is why the IFSC Code ensures that transactions meant for State Bank Of India in Tizit doesn't end up at another location.
Format of the IFSC Code SBIN0061345
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): These represent the bank code. In State Bank Of India, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Tizit in Mokokchung.
For example, the IFSC Code SBIN0061345 of State Bank Of India for the Tizit branch has these elements, identifying the bank and the branch location in Mokokchung and Nagaland correctly.
How to Find IFSC Code for State Bank Of India?
To find the IFSC Code SBIN0061345 of State Bank Of India for its Tizit branch located in Mokokchung, the following methods can help you out:
Cheque Book
The cheque book issued by State Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including State Bank Of India branches in Mokokchung and Mokokchung, 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 go to the branch locator section. Then search for Tizit or Mokokchung to find the exact IFSC Code SBIN0061345.
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 maintains an updated database of all IFSC codes. Searching for State Bank Of India and Mokokchung will provide accurate information.
How to Use IFSC Code SBIN0061345 for Online Transfers?
Once you have the IFSC Code SBIN0061345 for the Tizit branch of State Bank Of India in Mokokchung, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0061345. 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 SBIN0061345.
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 Tizit in Mokokchung, it can 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 Tizit, 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 Mokokchung manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code of the Tizit Mokokchung branch is SBIN0061345.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Near Raja Bazaar,Opposite 6Th Nap Bn Hq,Tizit,P.O.- Tizit,Dist.- Mon,Nagaland 798602.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.