For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of State Bank Of India for its Industrial Estate, Panchkula branch in Panchkula, Ambala, Haryana, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of State Bank Of India located in Panchkula or anywhere in Haryana can transfer funds instantly by using the correct IFSC Code SBIN0006157. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for State Bank Of India, Industrial Estate, Panchkula, Panchkula
Here are some of the key details that come with the IFSC Code SBIN0006157 of State Bank Of India for its branch located in Panchkula, within the district of Ambala in the state of Haryana.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0006157 |
| Branch | Industrial Estate, Panchkula |
| City | Panchkula |
| District | Ambala |
| State | Haryana |
| Address | 348, Industrial Area, Phase-Ii,Haryana ,Pin - 134109 |
These details helps users in online banking and for businesses and individuals who use State Bank Of India in Panchkula for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0006157 for the Industrial Estate, Panchkula 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 that is provided by the Reserve Bank of India. A unique IFSC like SBIN0006157 is given to every bank branch, including State Bank Of India located in Industrial Estate, Panchkula, Panchkula, Haryana, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the State Bank Of India branch in Panchkula.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Panchkula and Ambala.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Haryana and the rest of India, which is why the IFSC Code ensures that transactions meant for State Bank Of India in Industrial Estate, Panchkula doesn't end up at another location.
Format of the IFSC Code SBIN0006157
This is the format of the IFSC Code for banks, including State Bank Of India, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For State Bank Of India, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Industrial Estate, Panchkula in Panchkula.
For example, the IFSC Code SBIN0006157 of State Bank Of India for the Industrial Estate, Panchkula branch includes these elements, identifying the bank and the branch location in Panchkula and Haryana accurately.
How to Find IFSC Code for State Bank Of India?
If you are trying to find the IFSC Code SBIN0006157 of State Bank Of India for its Industrial Estate, Panchkula branch located in Panchkula, 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
You can easily find the IFSC and MICR codes because most banks, including State Bank Of India branches in Panchkula and Ambala, print them 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 Industrial Estate, Panchkula or Panchkula to get the exact IFSC Code SBIN0006157.
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 Panchkula, you'll get the correct details.
How to Use IFSC Code SBIN0006157 for Online Transfers?
Once you have the IFSC Code SBIN0006157 for the Industrial Estate, Panchkula branch of State Bank Of India in Panchkula, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SBIN0006157. 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 SBIN0006157.
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 Industrial Estate, Panchkula in Panchkula, 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 Industrial Estate, Panchkula, 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 Panchkula to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Industrial Estate, Panchkula Panchkula branch is SBIN0006157.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at 348, Industrial Area, Phase-Ii,Haryana ,Pin - 134109.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.