IFSC Code of State Bank Of India, Honda Sattari, Old Goa, Goa — SBIN0006191

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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of State Bank Of India for its Honda Sattari branch in North Goa, Old Goa, or Goa, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of State Bank Of India located in North Goa or anywhere in Goa can transfer funds instantly by using the correct IFSC Code SBIN0006191. 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, Honda Sattari, North Goa

Here are the key points that are associated with the IFSC Code SBIN0006191 of State Bank Of India for its branch located in North Goa, within the district of Old Goa in the state of Goa.

These details helps users in online banking and for businesses and individuals who use State Bank Of India in North Goa for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0006191 for the Honda Sattari branch of State Bank Of India plays a vital 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, along with State Bank Of India located in Honda Sattari, North Goa, Goa, are given a unique IFSC like SBIN0006191 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in North Goa.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It prevents any kind of confusion between different branches of the same bank in places like North Goa and Old Goa.
• It reduces errors in fund transfers and improves accuracy.
• It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to State Bank Of India in Honda Sattari goes to the correct branch. This is important because State Bank Of India has thousands of branches in Goa and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code SBIN0006191

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 Honda Sattari in North Goa.

For example, the IFSC Code SBIN0006191 of State Bank Of India for the Honda Sattari branch includes these elements, identifying the bank and the branch location in North Goa and Goa accurately.

How to Find IFSC Code for State Bank Of India?

To find the IFSC Code SBIN0006191 of State Bank Of India for its Honda Sattari branch located in North Goa, 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 North Goa and Old Goa, 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 Honda Sattari or North Goa to find the exact IFSC Code SBIN0006191.

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 North Goa will provide accurate information.

How to Use IFSC Code SBIN0006191 for Online Transfers?

Once you have the IFSC Code SBIN0006191 for the Honda Sattari branch of State Bank Of India in North Goa, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0006191. 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 SBIN0006191.

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 Honda Sattari in North Goa, it can 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 Honda Sattari, 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 North Goa manage online transfers as well as cheque clearances with ease.