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 Repura branch in Muzzafarpur, Repura, 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 Muzzafarpur or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code SBIN0017441. 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, Repura, Muzzafarpur

Below in the table are the key details related to IFSC Code SBIN0017441 of State Bank Of India for its branch located in Muzzafarpur, within the district of Repura in the state of Bihar.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0017441
Branch Repura
City Muzzafarpur
District Repura
State Bihar
Address At Repura,P.O Repura Mahadev,P.S Sariayadist,Distt.Muzaffarpur.Bihar 843107

These details are crucial, not just for online banking users but also for businesses and individuals who use State Bank Of India in Muzzafarpur for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0017441 for the Repura branch of State Bank Of India has an important 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 Repura, Muzzafarpur, Bihar, are allotted a unique IFSC like SBIN0017441 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

Format of the IFSC Code SBIN0017441

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 Repura in Muzzafarpur.

For example, the IFSC Code SBIN0017441 of State Bank Of India for the Repura branch includes these elements, identifying the bank and the branch location in Muzzafarpur and Bihar accurately.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0017441 of State Bank Of India for its Repura branch located in Muzzafarpur, the following methods can help:

Cheque Book

The cheque book issued by State Bank Of India includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

Most banks, including State Bank Of India branches in Muzzafarpur and Repura, print the IFSC and MICR codes on the first page of your passbook.

Bank Website

Visit the official website of State Bank Of India and navigate to the branch locator section. Search for Repura or Muzzafarpur to get the exact IFSC Code SBIN0017441.

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 keeps an updated list of all IFSC codes. If you search for State Bank Of India and Muzzafarpur, you'll get the correct details.

How to Use IFSC Code SBIN0017441 for Online Transfers?

Once you have the IFSC Code SBIN0017441 for the Repura branch of State Bank Of India in Muzzafarpur, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SBIN0017441. 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 SBIN0017441.

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 Repura in Muzzafarpur, 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 Repura, 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 Muzzafarpur manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India in Repura, Muzzafarpur?

The IFSC Code is SBIN0017441.

Is the IFSC Code SBIN0017441 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

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

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

What is the full address of the Repura branch?

The address of the branch is At Repura,P.O Repura Mahadev,P.S Sariayadist,Distt.Muzaffarpur.Bihar 843107 located in Muzzafarpur, Repura, Bihar.

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.