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 Nawada branch in Nawada, Nawada, Bihar, 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 Nawada or anywhere in Bihar can easily transfer funds instantly by using the correct IFSC Code SBIN0000141. 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, Nawada, Nawada

The table below shows the main details of the IFSC Code SBIN0000141 for the State Bank Of India branch in Nawada, which falls under the Nawada district in Bihar.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0000141
Branch Nawada
City Nawada
District Nawada
State Bihar
Address Distnawadah Bihar 805110

These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in Nawada for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0000141 for the Nawada 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including State Bank Of India located in Nawada, Nawada, Bihar, is provided a unique IFSC like SBIN0000141 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 Nawada.
  • 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 Nawada and Nawada.
  • 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 Bihar and the rest of India, the IFSC Code ensures that transactions meant for State Bank Of India in Nawada do not get misguided to another person.

Format of the IFSC Code SBIN0000141

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 Nawada in Nawada.

For example, the IFSC Code SBIN0000141 of State Bank Of India for the Nawada branch includes these elements, identifying the bank and the branch location in Nawada and Bihar correctly.

How to Find IFSC Code for State Bank Of India?

To find the IFSC Code SBIN0000141 of State Bank Of India for its Nawada branch located in Nawada, 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 Nawada and Nawada, 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 Nawada or Nawada to find the exact IFSC Code SBIN0000141.

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 Nawada will provide accurate information.

How to Use IFSC Code SBIN0000141 for Online Transfers?

Once you have the IFSC Code SBIN0000141 for the Nawada branch of State Bank Of India in Nawada, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SBIN0000141. The transfer is completed in batches instead of instantly. It is useful for both 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 SBIN0000141.

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 Nawada in Nawada, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of State Bank Of India in Nawada, here are some of the ways 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.

Knowing both IFSC and MICR code can help account holders in Nawada manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

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

The IFSC Code is SBIN0000141.

Is the IFSC Code SBIN0000141 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 Nawada?

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 Nawada branch?

The address of the branch is Distnawadah Bihar 805110 located in Nawada, Nawada, Bihar.

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.

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