The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of State Bank Of India for its Bagbassa branch in North Tripura, Bagbassa, Tripura, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of State Bank Of India located in North Tripura or anywhere in Tripura can transfer funds instantly by using the correct IFSC Code SBIN0015341. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for State Bank Of India, Bagbassa, North Tripura

The table below shows the main details of the IFSC Code SBIN0015341 for the State Bank Of India branch in North Tripura, which falls under the Bagbassa district in Tripura.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0015341
Branch Bagbassa
City North Tripura
District Bagbassa
State Tripura
Address Bagbassa, Panchayat Office, North Tripura District, Tripura799253

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 SBIN0015341 for the Bagbassa 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 Bagbassa, North Tripura, Tripura, are allotted a unique IFSC like SBIN0015341 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 Bagbassa.
  • 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 Bagbassa reaches the right place, even though there are thousands of branches in Tripura and across India.

Format of the IFSC Code SBIN0015341

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 Bagbassa in North Tripura.

For example, the IFSC Code SBIN0015341 of State Bank Of India for the Bagbassa 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?

If you are trying to find the IFSC Code SBIN0015341 of State Bank Of India for its Bagbassa branch located in North Tripura, the following methods can help:

Cheque Book

The cheque books that are issued by State Bank Of India include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including State Bank Of India branches in North Tripura and Bagbassa, 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 find the branch locator section. Search for Bagbassa or North Tripura to get the exact IFSC Code SBIN0015341.

Mobile Banking App

If you use State Bank Of India's mobile app, you can easily 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 to help you in searching for State Bank Of India and North Tripura that will provide accurate information.

How to Use IFSC Code SBIN0015341 for Online Transfers?

If you have the IFSC Code SBIN0015341 for the Bagbassa 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 SBIN0015341. 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 SBIN0015341.

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 Bagbassa in North Tripura, it may result in delayed or failed transactions.

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 Bagbassa, 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 North Tripura manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India in Bagbassa, North Tripura?

The IFSC Code is SBIN0015341.

Is the IFSC Code SBIN0015341 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 Bagbassa?

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 Bagbassa branch?

The address of the branch is Bagbassa, Panchayat Office, North Tripura District, Tripura799253 located in North Tripura, Bagbassa, Tripura.

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.