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 Sojat Road Adb branch in Pali, Sojat Road, or Rajasthan, 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 Pali or anywhere in Rajasthan can transfer funds instantly by using the correct IFSC Code SBIN0031404. 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, Sojat Road Adb, Pali

Below in the table are the key details related to IFSC Code SBIN0031404 of State Bank Of India for its branch located in Pali, within the district of Sojat Road in the state of Rajasthan.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0031404
Branch Sojat Road Adb
City Pali
District Sojat Road
State Rajasthan
Address Main Market, Sojat Road, Disttpali 306103

These details help users in online banking and for businesses and individuals who use State Bank Of India in Pali for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0031404 for the Sojat Road Adb branch of State Bank Of India has a very 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 Sojat Road Adb, Pali, Rajasthan, are given a unique IFSC like SBIN0031404 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Pali.
  • 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 Pali and Sojat Road.
  • 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 Sojat Road Adb goes to the correct branch. This is important because State Bank Of India has thousands of branches in Rajasthan and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code SBIN0031404

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 Sojat Road Adb in Pali.

For example, the IFSC Code SBIN0031404 of State Bank Of India for the Sojat Road Adb branch includes these elements, identifying the bank and the branch location in Pali and Rajasthan accurately.

How to Find IFSC Code for State Bank Of India?

To find the IFSC Code SBIN0031404 of State Bank Of India for its Sojat Road Adb branch located in Pali, 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 Pali and Sojat Road, 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 Sojat Road Adb or Pali to find the exact IFSC Code SBIN0031404.

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 Pali will provide accurate information.

How to Use IFSC Code SBIN0031404 for Online Transfers?

Once you have the IFSC Code SBIN0031404 for the Sojat Road Adb branch of State Bank Of India in Pali, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0031404. 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 SBIN0031404.

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 Sojat Road Adb in Pali, it can result in delayed or failed transactions.

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 Sojat Road Adb, here are some ways to obtain 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.

Having both the IFSC and MICR codes makes it easy for account holders in Pali to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India in Sojat Road Adb, Pali?

The IFSC Code is SBIN0031404.

Is the IFSC Code SBIN0031404 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of State Bank Of India Sojat Road Adb?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Sojat Road Adb branch?

The address of the branch is Main Market, Sojat Road, Disttpali 306103 located in Pali, Sojat Road, Rajasthan.

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.