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 Thanwala branch in Nagaur, Thanwala, Rajasthan, 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 Nagaur or anywhere in Rajasthan can easily transfer funds instantly by using the correct IFSC Code SBIN0032066. 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, Thanwala, Nagaur

Here are the key points that are associated with the IFSC Code SBIN0032066 of State Bank Of India for its branch located in Nagaur, within the district of Thanwala in the state of Rajasthan.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0032066
Branch Thanwala
City Nagaur
District Thanwala
State Rajasthan
Address State Bank Of India,Near Bus Stand,Tehsil Degana,Distt Nagaur 34102663

These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in Nagaur for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0032066 for the Thanwala branch of State Bank Of India plays 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, including State Bank Of India located in Thanwala, Nagaur, Rajasthan, is provided with a unique IFSC like SBIN0032066 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 Thanwala.
  • 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 Thanwala do not get mixed with another location.

Format of the IFSC Code SBIN0032066

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 Thanwala in Nagaur.

For example, the IFSC Code SBIN0032066 of State Bank Of India for the Thanwala 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 SBIN0032066 of State Bank Of India for its Thanwala 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 Thanwala, 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 Thanwala or Nagaur to find the exact IFSC Code SBIN0032066.

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 SBIN0032066 for Online Transfers?

Once you have the IFSC Code SBIN0032066 for the Thanwala branch of State Bank Of India in Nagaur, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0032066. Transfers are processed in batches. This is 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. Requires the recipient's account details and State Bank Of India IFSC Code SBIN0032066.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for State Bank Of India Thanwala in Nagaur 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 Thanwala, 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)

What is the IFSC Code of State Bank Of India in Thanwala, Nagaur?

The IFSC Code is SBIN0032066.

Is the IFSC Code SBIN0032066 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 Thanwala?

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 Thanwala branch?

The address of the branch is State Bank Of India,Near Bus Stand,Tehsil Degana,Distt Nagaur 34102663 located in Nagaur, Thanwala, Rajasthan.

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.