IFSC Code of State Bank Of India, Panigaon Chariali, Panigaon, Assam — SBIN0016522

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 Panigaon Chariali branch in Nagaon, Panigaon, Assam, 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 Nagaon or anywhere in Assam can transfer funds instantly by using the correct IFSC Code SBIN0016522. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for State Bank Of India, Panigaon Chariali, Nagaon

The table below shows the main details of the IFSC Code SBIN0016522 for the State Bank Of India branch in Nagaon, which falls under the Panigaon district in Assam.

These details are crucial, not just for online banking users but also for businesses and individuals who use State Bank Of India in Nagaon for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0016522 for the Panigaon Chariali 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 that is provided by the Reserve Bank of India. A unique IFSC like SBIN0016522 is given to every bank branch, including State Bank Of India located in Panigaon Chariali, Nagaon, Assam, 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 Nagaon.
• 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 Nagaon and Panigaon.
• 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 Assam and the rest of India, which is why the IFSC Code ensures that transactions meant for State Bank Of India in Panigaon Chariali doesn't end up at another location.

Format of the IFSC Code SBIN0016522

The format of the IFSC Code for banks, including State Bank Of India, has an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

• First 4 characters (AAAA): Show the bank code. For State Bank Of India, these letters represent the bank's short name.
• 5th character: Is always zero and is kept for future use.
• Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Panigaon Chariali in Nagaon.

For example, the IFSC Code SBIN0016522 of State Bank Of India for the Panigaon Chariali branch includes these elements, identifying the bank and the branch location in Nagaon and Assam correctly.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0016522 of State Bank Of India for its Panigaon Chariali branch located in Nagaon, 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 Nagaon and Panigaon, 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 Panigaon Chariali or Nagaon to get the exact IFSC Code SBIN0016522.

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 Nagaon that will provide accurate information.

How to Use IFSC Code SBIN0016522 for Online Transfers?

If you have the IFSC Code SBIN0016522 for the Panigaon Chariali branch of State Bank Of India in Nagaon, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0016522. 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 SBIN0016522.

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 Panigaon Chariali in Nagaon, it may 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 Panigaon Chariali, 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 Nagaon manage online transfers as well as cheque clearances with ease.