There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of State Bank Of India for its Tinali Bazar branch in Nagaon, Tinalibazar, Assam, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of State Bank Of India situated in Nagaon or anywhere in Assam can easily transfer funds instantly by using the correct IFSC Code SBIN0008406. You should 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, Tinali Bazar, Nagaon

Here are some of the key details that come with the IFSC Code SBIN0008406 of State Bank Of India for its branch located in Nagaon, within the district of Tinalibazar in the state of Assam.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0008406
Branch Tinali Bazar
City Nagaon
District Tinalibazar
State Assam
Address Dist.Nagaonstate.Assampin.782446.

These details help users in online banking and for businesses and individuals who use State Bank Of India in Nagaon for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0008406 for the Tinali Bazar 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including State Bank Of India located in Tinali Bazar, Nagaon, Assam, is provided a unique IFSC like SBIN0008406 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the State Bank Of India branch in Nagaon.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Nagaon and Tinalibazar.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Assam and the rest of India, the IFSC Code ensures that transactions meant for State Bank Of India in Tinali Bazar do not get misguided to another person.

Format of the IFSC Code SBIN0008406

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 Tinali Bazar in Nagaon.

For example, the IFSC Code SBIN0008406 of State Bank Of India for the Tinali Bazar branch includes these elements, identifying the bank and the branch location in Nagaon and Assam accurately.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0008406 of State Bank Of India for its Tinali Bazar branch located in Nagaon, 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

You can easily find the IFSC and MICR codes because most banks, including State Bank Of India branches in Nagaon and Tinalibazar, print them 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 Tinali Bazar or Nagaon to get the exact IFSC Code SBIN0008406.

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 Nagaon, you'll get the correct details.

How to Use IFSC Code SBIN0008406 for Online Transfers?

Once you have the IFSC Code SBIN0008406 for the Tinali Bazar branch of State Bank Of India in Nagaon, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0008406. 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 SBIN0008406.

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 Tinali Bazar in Nagaon, it can 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 Tinali Bazar, 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 Nagaon 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 Tinali Bazar, Nagaon?

The IFSC Code is SBIN0008406.

Is the IFSC Code SBIN0008406 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

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

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

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Tinali Bazar branch?

The address of the branch is Dist.Nagaonstate.Assampin.782446. located in Nagaon, Tinalibazar, Assam.

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.