IFSC Code of State Bank Of India, Ananda Bazar, Ananda Bazar, Tripura — SBIN0016196

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 Ananda Bazar branch in North Tripura, Ananda Bazar, Tripura, 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 North Tripura or anywhere in Tripura can transfer funds instantly by using the correct IFSC Code SBIN0016196. 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, Ananda Bazar, North Tripura

Here are some of the key details that come with the IFSC Code SBIN0016196 of State Bank Of India for its branch located in North Tripura, within the district of Ananda Bazar in the state of Tripura.

These details are crucial, not just for online banking users but also for businesses and individuals who use State Bank Of India in North Tripura for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0016196 for the Ananda Bazar branch of State Bank Of India has 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, along with State Bank Of India located in Ananda Bazar, North Tripura, Tripura, are allotted a unique IFSC like SBIN0016196 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 Tripura.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It prevents confusion between different branches of the same bank in places like North Tripura and Ananda Bazar.
• It reduces errors in fund transfers and improves accuracy.
• It helps the sender banks to validate and confirm branch details before processing payments.

It makes sure that money sent to State Bank Of India in Ananda Bazar reaches the right place, even though there are thousands of branches in Tripura and across India.

Format of the IFSC Code SBIN0016196

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 Ananda Bazar in North Tripura.

For example, the IFSC Code SBIN0016196 of State Bank Of India for the Ananda Bazar branch includes these elements, identifying the bank and the branch location in North Tripura and Tripura accurately.

How to Find IFSC Code for State Bank Of India?

To find the IFSC Code SBIN0016196 of State Bank Of India for its Ananda Bazar branch located in North Tripura, 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 Tripura and Ananda Bazar, 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 Ananda Bazar or North Tripura to find the exact IFSC Code SBIN0016196.

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 Tripura will provide accurate information.

How to Use IFSC Code SBIN0016196 for Online Transfers?

If you have the IFSC Code SBIN0016196 for the Ananda Bazar branch of State Bank Of India in North Tripura, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0016196. Transfers are processed in batches. 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. Asks for the recipient's account details and State Bank Of India IFSC Code SBIN0016196.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for State Bank Of India Ananda Bazar in North Tripura, it 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 Ananda Bazar, 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 Tripura manage online transfers as well as cheque clearances with ease.