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 Sonakuchi Hpc Ltd. branch in Morigaon, Jagiroad, Assam, 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 Morigaon or anywhere in Assam can transfer funds instantly by using the correct IFSC Code SBIN0007699. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for State Bank Of India, Sonakuchi Hpc Ltd., Morigaon

Here are the main details that are associated with the IFSC Code SBIN0007699 of State Bank Of India for its branch located in Morigaon, within the district of Jagiroad in the state of Assam.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0007699
Branch Sonakuchi Hpc Ltd.
City Morigaon
District Jagiroad
State Assam
Address Kakagnagar Dt Morigaon Assam 782 410

These details are crucial, not just for online banking users but also for businesses and individuals who use State Bank Of India in Morigaon for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0007699 for the Sonakuchi Hpc Ltd. 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 Sonakuchi Hpc Ltd., Morigaon, Assam, are given a unique IFSC like SBIN0007699 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Morigaon.
  • 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 Morigaon and Jagiroad.
  • 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 Sonakuchi Hpc Ltd. goes to the correct branch. This is important because State Bank Of India has thousands of branches in Assam and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code SBIN0007699

This is the format of the IFSC Code for banks, including State Bank Of India, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For State Bank Of India, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Sonakuchi Hpc Ltd. in Morigaon.

For example, the IFSC Code SBIN0007699 of State Bank Of India for the Sonakuchi Hpc Ltd. branch includes these elements, identifying the bank and the branch location in Morigaon and Assam accurately.

How to Find IFSC Code for State Bank Of India?

To find the IFSC Code SBIN0007699 of State Bank Of India for its Sonakuchi Hpc Ltd. branch located in Morigaon, 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 Morigaon and Jagiroad, 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 Sonakuchi Hpc Ltd. or Morigaon to find the exact IFSC Code SBIN0007699.

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 Morigaon will provide accurate information.

How to Use IFSC Code SBIN0007699 for Online Transfers?

Once you have the IFSC Code SBIN0007699 for the Sonakuchi Hpc Ltd. branch of State Bank Of India in Morigaon, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SBIN0007699. The transfer is completed in batches instead of instantly. It is useful for both 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 SBIN0007699.

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 Sonakuchi Hpc Ltd. in Morigaon, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of State Bank Of India in Sonakuchi Hpc Ltd., you can find it by any of the following ways:

  • Check the bottom of your cheque leaf.
  • Go to the first page of your passbook.
  • Visit the official State Bank Of India website.
  • Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Morigaon manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India Sonakuchi Hpc Ltd. Morigaon?

The IFSC Code of the Sonakuchi Hpc Ltd. Morigaon branch is SBIN0007699.

Is IFSC Code SBIN0007699 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the State Bank Of India Sonakuchi Hpc Ltd. branch?

The branch is located at Kakagnagar Dt Morigaon Assam 782 410.

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.