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 Pilikothi, Moradabad branch in Moradabad, Moradabad, Uttar Pradesh, 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 Moradabad or anywhere in Uttar Pradesh can transfer funds instantly by using the correct IFSC Code SBIN0017581. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for State Bank Of India, Pilikothi, Moradabad, Moradabad

Here are the main details that are associated with the IFSC Code SBIN0017581 of State Bank Of India for its branch located in Moradabad, within the district of Moradabad in the state of Uttar Pradesh.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0017581
Branch Pilikothi, Moradabad
City Moradabad
District Moradabad
State Uttar Pradesh
Address Pilikothi Moradabad Near Pms School Pilikothi Civil Lines Moradabad Distt Moradabad Uttar Pradesh244001

These details help users in online banking and for businesses and individuals who use State Bank Of India in Moradabad for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0017581 for the Pilikothi, Moradabad branch of State Bank Of India has a very 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 Pilikothi, Moradabad, Moradabad, Uttar Pradesh, are given a unique IFSC like SBIN0017581 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Moradabad.
  • 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 Moradabad and Moradabad.
  • 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 Pilikothi, Moradabad goes to the correct branch. This is important because State Bank Of India has thousands of branches in Uttar Pradesh and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code SBIN0017581

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 Pilikothi, Moradabad in Moradabad.

For example, the IFSC Code SBIN0017581 of State Bank Of India for the Pilikothi, Moradabad branch includes these elements, identifying the bank and the branch location in Moradabad and Uttar Pradesh correctly.

How to Find IFSC Code for State Bank Of India?

If you are looking for the IFSC Code SBIN0017581 of State Bank Of India for its Pilikothi, Moradabad branch located in Moradabad, 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 Moradabad and Moradabad, 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 Pilikothi, Moradabad or Moradabad to get the exact IFSC Code SBIN0017581.

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 Moradabad, then it will provide you proper information.

How to Use IFSC Code SBIN0017581 for Online Transfers?

Once you have the IFSC Code SBIN0017581 for the Pilikothi, Moradabad branch of State Bank Of India in Moradabad, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0017581. Transfers are processed in batches. This is 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. Requires the recipient's account details and State Bank Of India IFSC Code SBIN0017581.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for State Bank Of India Pilikothi, Moradabad in Moradabad 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 Pilikothi, Moradabad, 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 Moradabad manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India in Pilikothi, Moradabad, Moradabad?

The IFSC Code is SBIN0017581.

Is the IFSC Code SBIN0017581 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of State Bank Of India Pilikothi, Moradabad?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Pilikothi, Moradabad branch?

The address of the branch is Pilikothi Moradabad Near Pms School Pilikothi Civil Lines Moradabad Distt Moradabad Uttar Pradesh244001 located in Moradabad, Moradabad, Uttar Pradesh.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

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