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 Rbo Munger branch in Munger, Munger, 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 SBIN0063917. 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, Rbo Munger, Munger
The table below shows the main details of the IFSC Code SBIN0063917 for the State Bank Of India branch in Munger, which falls under the Munger district in Bihar.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0063917 |
| Branch | Rbo Munger |
| City | Munger |
| District | Munger |
| State | Bihar |
| Address | At Rajbati Bari Bazar,P.O-Munger, Distt-Munger Bihar-811201 |
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 SBIN0063917 for the Rbo Munger 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 that is provided by the Reserve Bank of India. A unique IFSC like SBIN0063917 is given to every bank branch, including State Bank Of India located in Rbo Munger, Munger, Bihar, 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 Munger.
- 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 Munger and Munger.
- 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 Bihar and the rest of India, which is why the IFSC Code ensures that transactions meant for State Bank Of India in Rbo Munger doesn't end up at another location.
Format of the IFSC Code SBIN0063917
The format of the IFSC Code for banks, including State Bank Of India, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For State Bank Of India, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Rbo Munger in Munger.
For example, the IFSC Code SBIN0063917 of State Bank Of India for the Rbo Munger branch includes these elements, identifying the bank and the branch location in Munger and Bihar accurately.
How to Find IFSC Code for State Bank Of India?
To find the IFSC Code SBIN0063917 of State Bank Of India for its Rbo Munger 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 Munger, 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 Rbo Munger or Munger to find the exact IFSC Code SBIN0063917.
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 SBIN0063917 for Online Transfers?
Once you have the IFSC Code SBIN0063917 for the Rbo Munger branch of State Bank Of India in Munger, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SBIN0063917. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 SBIN0063917.
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 Rbo Munger in Munger, your payment can get delayed or might not go through at all.
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 Rbo Munger, 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 Munger manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0063917.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is At Rajbati Bari Bazar,P.O-Munger, Distt-Munger Bihar-811201 located in Munger, Munger, Bihar.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.