IFSC Code of State Bank Of India, Itahari, Itahari, Bihar — SBIN0015586

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 Itahari branch in Munger, Itahari, or Bihar, 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 Munger or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code SBIN0015586. 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, Itahari, Munger

The table below shows the main details of the IFSC Code SBIN0015586 for the State Bank Of India branch in Munger, which falls under the Itahari district in Bihar.

These details are important not only for users using online banking but also for businesses and individuals who use State Bank Of India in Munger for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0015586 for the Itahari branch of State Bank Of India is vital.

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 Itahari, Munger, Bihar, are allotted a unique IFSC like SBIN0015586 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Munger.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It prevents confusion between different branches of the same bank in places like Munger and Itahari.
• 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 Itahari reaches the right place, even though there are thousands of branches in Bihar and across India.

Format of the IFSC Code SBIN0015586

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 Itahari in Munger.

For example, the IFSC Code SBIN0015586 of State Bank Of India for the Itahari branch has these elements, identifying the bank and the branch location in Munger and Bihar correctly.

How to Find IFSC Code for State Bank Of India?

To find the IFSC Code SBIN0015586 of State Bank Of India for its Itahari branch located in Munger, 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 Munger and Itahari, 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 Itahari or Munger to find the exact IFSC Code SBIN0015586.

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 Munger will provide accurate information.

How to Use IFSC Code SBIN0015586 for Online Transfers?

Once you have the IFSC Code SBIN0015586 for the Itahari branch of State Bank Of India in Munger, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0015586. 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 SBIN0015586.

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 Itahari in Munger, 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 Itahari, here are some ways to obtain 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.

Having both the IFSC and MICR codes makes it easy for account holders in Munger to handle online money transfers and get their cheques cleared smoothly.