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 Satui branch in Murshidabad, Satui, or West Bengal, 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 Murshidabad or anywhere in West Bengal can transfer funds instantly by using the correct IFSC Code SBIN0007146. 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, Satui, Murshidabad

Below in the table are the key details related to IFSC Code SBIN0007146 of State Bank Of India for its branch located in Murshidabad, within the district of Satui in the state of West Bengal.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0007146
Branch Satui
City Murshidabad
District Satui
State West Bengal
Address Dist Murshidabad,West Bengal 742101

These details helps users in online banking and for businesses and individuals who use State Bank Of India in Murshidabad for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0007146 for the Satui branch of State Bank Of India plays a vital 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 Satui, Murshidabad, West Bengal, are given a unique IFSC like SBIN0007146 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

Format of the IFSC Code SBIN0007146

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 Satui in Murshidabad.

For example, the IFSC Code SBIN0007146 of State Bank Of India for the Satui branch includes these elements, identifying the bank and the branch location in Murshidabad and West Bengal accurately.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0007146 of State Bank Of India for its Satui branch located in Murshidabad, the following methods can help:

Cheque Book

The cheque books that are issued by State Bank Of India include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including State Bank Of India branches in Murshidabad and Satui, 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 find the branch locator section. Search for Satui or Murshidabad to get the exact IFSC Code SBIN0007146.

Mobile Banking App

If you use State Bank Of India's mobile app, you can easily 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 to help you in searching for State Bank Of India and Murshidabad that will provide accurate information.

How to Use IFSC Code SBIN0007146 for Online Transfers?

Once you have the IFSC Code SBIN0007146 for the Satui branch of State Bank Of India in Murshidabad, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0007146. 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 SBIN0007146.

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 Satui in Murshidabad 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 Satui, 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 Murshidabad to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India in Satui, Murshidabad?

The IFSC Code is SBIN0007146.

Is the IFSC Code SBIN0007146 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

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

Where can I find the IFSC Code of State Bank Of India Satui?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Satui branch?

The address of the branch is Dist Murshidabad,West Bengal 742101 located in Murshidabad, Satui, West Bengal.

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.