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 Dhankoli branch in Nagaur, Dhankoli, Rajasthan, 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 Nagaur or anywhere in Rajasthan can transfer funds instantly by using the correct IFSC Code SBIN0032055. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for State Bank Of India, Dhankoli, Nagaur
Below in the table are the key details related to IFSC Code SBIN0032055 of State Bank Of India for its branch located in Nagaur, within the district of Dhankoli in the state of Rajasthan.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0032055 |
| Branch | Dhankoli |
| City | Nagaur |
| District | Dhankoli |
| State | Rajasthan |
| Address | Anarket,Dhonkal,Theddwana,Dstnagaur |
These details are important not only for users using online banking but also for businesses and individuals who use State Bank Of India in Nagaur for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0032055 for the Dhankoli 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, including State Bank Of India located in Dhankoli, Nagaur, Rajasthan, is provided with a unique IFSC like SBIN0032055 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the State Bank Of India branch in Nagaur.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Nagaur and Dhankoli.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Rajasthan and the rest of India and the IFSC Code ensures that transactions meant for State Bank Of India in Dhankoli do not get mixed with another location.
Format of the IFSC Code SBIN0032055
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): 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 Dhankoli in Nagaur.
For example, the IFSC Code SBIN0032055 of State Bank Of India for the Dhankoli branch includes these elements, identifying the bank and the branch location in Nagaur and Rajasthan accurately.
How to Find IFSC Code for State Bank Of India?
To find the IFSC Code SBIN0032055 of State Bank Of India for its Dhankoli branch located in Nagaur, 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 Nagaur and Dhankoli, 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 Dhankoli or Nagaur to find the exact IFSC Code SBIN0032055.
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 Nagaur will provide accurate information.
How to Use IFSC Code SBIN0032055 for Online Transfers?
Once you have the IFSC Code SBIN0032055 for the Dhankoli branch of State Bank Of India in Nagaur, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SBIN0032055. 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 SBIN0032055.
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 Dhankoli in Nagaur, your payment can get delayed or might not go through at all.
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 Dhankoli, 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 Nagaur manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0032055.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Anarket,Dhonkal,Theddwana,Dstnagaur located in Nagaur, Dhankoli, Rajasthan.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.