The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of State Bank Of India for its Kalyani Market, Muzaffarpur branch in Muzaffarpur, Muzaffarpur, Bihar, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of State Bank Of India located in Muzaffarpur or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code SBIN0001485. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for State Bank Of India, Kalyani Market, Muzaffarpur, Muzaffarpur
The table below shows the main details of the IFSC Code SBIN0001485 for the State Bank Of India branch in Muzaffarpur, which falls under the Muzaffarpur district in Bihar.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0001485 |
| Branch | Kalyani Market, Muzaffarpur |
| City | Muzaffarpur |
| District | Muzaffarpur |
| State | Bihar |
| Address | Muzaffarpur, Bihar 842001 |
These details are important not only for users using online banking but also for businesses and individuals who use State Bank Of India in Muzaffarpur for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0001485 for the Kalyani Market, Muzaffarpur 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 Kalyani Market, Muzaffarpur, Muzaffarpur, Bihar, are given a unique IFSC like SBIN0001485 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Muzaffarpur.
- 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 Muzaffarpur and Muzaffarpur.
- 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 Kalyani Market, Muzaffarpur goes to the correct branch. This is important because State Bank Of India has thousands of branches in Bihar and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code SBIN0001485
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 Kalyani Market, Muzaffarpur in Muzaffarpur.
For example, the IFSC Code SBIN0001485 of State Bank Of India for the Kalyani Market, Muzaffarpur branch has these elements, identifying the bank and the branch location in Muzaffarpur and Bihar correctly.
How to Find IFSC Code for State Bank Of India?
If you are looking for the IFSC Code SBIN0001485 of State Bank Of India for its Kalyani Market, Muzaffarpur branch located in Muzaffarpur, the following methods can help:
Cheque Book
The cheque book that is issued by State Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including State Bank Of India branches in Muzaffarpur and Muzaffarpur, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of State Bank Of India and look for the branch locator section, then search for Kalyani Market, Muzaffarpur or Muzaffarpur to get the exact IFSC Code SBIN0001485.
Mobile Banking App
If you use State Bank Of India's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for State Bank Of India and Muzaffarpur, then it will provide you proper information.
How to Use IFSC Code SBIN0001485 for Online Transfers?
If you have the IFSC Code SBIN0001485 for the Kalyani Market, Muzaffarpur branch of State Bank Of India in Muzaffarpur, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0001485. Transfers are processed in batches. 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. Asks for the recipient's account details and State Bank Of India IFSC Code SBIN0001485.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for State Bank Of India Kalyani Market, Muzaffarpur in Muzaffarpur, it 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 Kalyani Market, Muzaffarpur, 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 Muzaffarpur manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Kalyani Market, Muzaffarpur Muzaffarpur branch is SBIN0001485.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Muzaffarpur, Bihar 842001.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.