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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of State Bank Of India for its Motbung branch in Motbung, Motbung, or Manipur, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of State Bank Of India located in Motbung or anywhere in Manipur can transfer funds instantly by using the correct IFSC Code SBIN0063951. 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, Motbung, Motbung
Here are the main details that are associated with the IFSC Code SBIN0063951 of State Bank Of India for its branch located in Motbung, within the district of Motbung in the state of Manipur.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0063951 |
| Branch | Motbung |
| City | Motbung |
| District | Motbung |
| State | Manipur |
| Address | Motbung Bazar,Po/Ps Motbung,Kangpokpi District,Pin 795107 |
These details are crucial, not just for online banking users but also for businesses and individuals who use State Bank Of India in Motbung for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0063951 for the Motbung 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 Motbung, Motbung, Manipur, are allotted a unique IFSC like SBIN0063951 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Motbung.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Motbung and Motbung.
- 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 Motbung reaches the right place, even though there are thousands of branches in Manipur and across India.
Format of the IFSC Code SBIN0063951
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 Motbung in Motbung.
For example, the IFSC Code SBIN0063951 of State Bank Of India for the Motbung branch includes these elements, identifying the bank and the branch location in Motbung and Manipur accurately.
How to Find IFSC Code for State Bank Of India?
If you are trying to find the IFSC Code SBIN0063951 of State Bank Of India for its Motbung branch located in Motbung, 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 Motbung and Motbung, 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 Motbung or Motbung to get the exact IFSC Code SBIN0063951.
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 Motbung, you'll get the correct details.
How to Use IFSC Code SBIN0063951 for Online Transfers?
Once you have the IFSC Code SBIN0063951 for the Motbung branch of State Bank Of India in Motbung, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0063951. 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 SBIN0063951.
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 Motbung in Motbung 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 Motbung, 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 Motbung manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0063951.
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 Motbung Bazar,Po/Ps Motbung,Kangpokpi District,Pin 795107 located in Motbung, Motbung, Manipur.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.