For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of State Bank Of India for its Purquazi branch in Muzzafarnagar, Muzaffarnagar, Uttar Pradesh, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of State Bank Of India located in Muzzafarnagar or anywhere in Uttar Pradesh can transfer funds instantly by using the correct IFSC Code SBIN0017814. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for State Bank Of India, Purquazi, Muzzafarnagar
Here are the key points that are associated with the IFSC Code SBIN0017814 of State Bank Of India for its branch located in Muzzafarnagar, within the district of Muzaffarnagar in the state of Uttar Pradesh.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0017814 |
| Branch | Purquazi |
| City | Muzzafarnagar |
| District | Muzaffarnagar |
| State | Uttar Pradesh |
| Address | Purquazi,Tehsil Sadar,Near Police Station,Distt.Muzaffarnagar.Uttar Pradesh 251317 |
These details help users in online banking and for businesses and individuals who use State Bank Of India in Muzzafarnagar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0017814 for the Purquazi branch of State Bank Of India has a very important role.
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 SBIN0017814 is given to every bank branch, including State Bank Of India located in Purquazi, Muzzafarnagar, Uttar Pradesh, 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 Muzzafarnagar.
- 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 Muzzafarnagar and Muzaffarnagar.
- 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 Uttar Pradesh and the rest of India, which is why the IFSC Code ensures that transactions meant for State Bank Of India in Purquazi doesn't end up at another location.
Format of the IFSC Code SBIN0017814
This is the format of the IFSC Code for banks, including State Bank Of India, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For State Bank Of India, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Purquazi in Muzzafarnagar.
For example, the IFSC Code SBIN0017814 of State Bank Of India for the Purquazi branch includes these elements, identifying the bank and the branch location in Muzzafarnagar and Uttar Pradesh accurately.
How to Find IFSC Code for State Bank Of India?
To find the IFSC Code SBIN0017814 of State Bank Of India for its Purquazi branch located in Muzzafarnagar, 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 Muzzafarnagar and Muzaffarnagar, 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 Purquazi or Muzzafarnagar to find the exact IFSC Code SBIN0017814.
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 Muzzafarnagar will provide accurate information.
How to Use IFSC Code SBIN0017814 for Online Transfers?
Once you have the IFSC Code SBIN0017814 for the Purquazi branch of State Bank Of India in Muzzafarnagar, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0017814. 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 SBIN0017814.
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 Purquazi in Muzzafarnagar, it can result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of State Bank Of India in Purquazi, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official State Bank Of India website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Muzzafarnagar manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0017814.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Purquazi,Tehsil Sadar,Near Police Station,Distt.Muzaffarnagar.Uttar Pradesh 251317 located in Muzzafarnagar, Muzaffarnagar, Uttar Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.