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 Tuto Mazara branch in Oiu, Garhshankar, Punjab, 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 Oiu or anywhere in Punjab can transfer funds instantly by using the correct IFSC Code SBIN0050399. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for State Bank Of India, Tuto Mazara, Oiu
Here are the main details that are associated with the IFSC Code SBIN0050399 of State Bank Of India for its branch located in Oiu, within the district of Garhshankar in the state of Punjab.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0050399 |
| Branch | Tuto Mazara |
| City | Oiu |
| District | Garhshankar |
| State | Punjab |
| Address | Vpo Tuto Mazaragarhshankar |
These details are important not only for users using online banking but also for businesses and individuals who use State Bank Of India in Oiu for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0050399 for the Tuto Mazara branch of State Bank Of India is vital.
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 Tuto Mazara, Oiu, Punjab, is provided a unique IFSC like SBIN0050399 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 Oiu.
- 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 Oiu and Garhshankar.
- 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 Punjab and the rest of India, the IFSC Code ensures that transactions meant for State Bank Of India in Tuto Mazara do not get misguided to another person.
Format of the IFSC Code SBIN0050399
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 Tuto Mazara in Oiu.
For example, the IFSC Code SBIN0050399 of State Bank Of India for the Tuto Mazara branch includes these elements, identifying the bank and the branch location in Oiu and Punjab correctly.
How to Find IFSC Code for State Bank Of India?
If you are trying to find the IFSC Code SBIN0050399 of State Bank Of India for its Tuto Mazara branch located in Oiu, 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
Most banks, including State Bank Of India branches in Oiu and Garhshankar, print the IFSC and MICR codes 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 Tuto Mazara or Oiu to get the exact IFSC Code SBIN0050399.
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 Oiu, you'll get the correct details.
How to Use IFSC Code SBIN0050399 for Online Transfers?
Once you have the IFSC Code SBIN0050399 for the Tuto Mazara branch of State Bank Of India in Oiu, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SBIN0050399. 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 SBIN0050399.
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 Tuto Mazara in Oiu, 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 Tuto Mazara, 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 Oiu manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0050399.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Vpo Tuto Mazaragarhshankar located in Oiu, Garhshankar, Punjab.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.