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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of State Bank Of India for its Hospital Road Gadarwara branch in Narsinghpur, Gadarwa, Madhya Pradesh, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of State Bank Of India located in Narsinghpur or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code SBIN0012273. 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, Hospital Road Gadarwara, Narsinghpur

Here are some of the key details that come with the IFSC Code SBIN0012273 of State Bank Of India for its branch located in Narsinghpur, within the district of Gadarwa in the state of Madhya Pradesh.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0012273
Branch Hospital Road Gadarwara
City Narsinghpur
District Gadarwa
State Madhya Pradesh
Address Hospital Road Gadarwa,Tahsil Gadarwara,Distt Narsinghpur,487551

These details are important not only for users using online banking but also for businesses and individuals who use State Bank Of India in Narsinghpur for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0012273 for the Hospital Road Gadarwara 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 Hospital Road Gadarwara, Narsinghpur, Madhya Pradesh, is provided with a unique IFSC like SBIN0012273 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 Narsinghpur.
  • 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 Narsinghpur and Gadarwa.
  • 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 Madhya Pradesh and the rest of India and the IFSC Code ensures that transactions meant for State Bank Of India in Hospital Road Gadarwara do not get mixed with another location.

Format of the IFSC Code SBIN0012273

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): These represent the bank code. In State Bank Of India, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Hospital Road Gadarwara in Narsinghpur.

For example, the IFSC Code SBIN0012273 of State Bank Of India for the Hospital Road Gadarwara branch has these elements, identifying the bank and the branch location in Narsinghpur and Madhya Pradesh correctly.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0012273 of State Bank Of India for its Hospital Road Gadarwara branch located in Narsinghpur, 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 Narsinghpur and Gadarwa, 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 Hospital Road Gadarwara or Narsinghpur to get the exact IFSC Code SBIN0012273.

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 Narsinghpur, you'll get the correct details.

How to Use IFSC Code SBIN0012273 for Online Transfers?

Once you have the IFSC Code SBIN0012273 for the Hospital Road Gadarwara branch of State Bank Of India in Narsinghpur, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SBIN0012273. 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 SBIN0012273.

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 Hospital Road Gadarwara in Narsinghpur, 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 Hospital Road Gadarwara, 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 Narsinghpur 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 Hospital Road Gadarwara, Narsinghpur?

The IFSC Code is SBIN0012273.

Is the IFSC Code SBIN0012273 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

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

Where can I find the IFSC Code of State Bank Of India Hospital Road Gadarwara?

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

What is the full address of the Hospital Road Gadarwara branch?

The address of the branch is Hospital Road Gadarwa,Tahsil Gadarwara,Distt Narsinghpur,487551 located in Narsinghpur, Gadarwa, Madhya Pradesh.

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.