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 Jintur Raoad, Parbhani branch in Parbhani, Parbhani, Maharashtra, 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 Parbhani or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code SBIN0012004. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for State Bank Of India, Jintur Raoad, Parbhani, Parbhani
Below in the table are the key details related to IFSC Code SBIN0012004 of State Bank Of India for its branch located in Parbhani, within the district of Parbhani in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0012004 |
| Branch | Jintur Raoad, Parbhani |
| City | Parbhani |
| District | Parbhani |
| State | Maharashtra |
| Address | Sanskriti House No1066 By 1,Ganapati Chowk,Jintur Road,Parbhani414001 |
These details are crucial, not just for online banking users but also for businesses and individuals who use State Bank Of India in Parbhani for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0012004 for the Jintur Raoad, Parbhani 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, including State Bank Of India located in Jintur Raoad, Parbhani, Parbhani, Maharashtra, is provided with a unique IFSC like SBIN0012004 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the State Bank Of India branch in Parbhani.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Parbhani and Parbhani.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Maharashtra and the rest of India and the IFSC Code ensures that transactions meant for State Bank Of India in Jintur Raoad, Parbhani do not get mixed with another location.
Format of the IFSC Code SBIN0012004
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 Jintur Raoad, Parbhani in Parbhani.
For example, the IFSC Code SBIN0012004 of State Bank Of India for the Jintur Raoad, Parbhani branch includes these elements, identifying the bank and the branch location in Parbhani and Maharashtra correctly.
How to Find IFSC Code for State Bank Of India?
If you are trying to find the IFSC Code SBIN0012004 of State Bank Of India for its Jintur Raoad, Parbhani branch located in Parbhani, 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 Parbhani and Parbhani, 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 Jintur Raoad, Parbhani or Parbhani to get the exact IFSC Code SBIN0012004.
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 Parbhani, you'll get the correct details.
How to Use IFSC Code SBIN0012004 for Online Transfers?
If you have the IFSC Code SBIN0012004 for the Jintur Raoad, Parbhani branch of State Bank Of India in Parbhani, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0012004. 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 SBIN0012004.
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 Jintur Raoad, Parbhani in Parbhani, 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 Jintur Raoad, Parbhani, 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 Parbhani manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0012004.
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 Sanskriti House No1066 By 1,Ganapati Chowk,Jintur Road,Parbhani414001 located in Parbhani, Parbhani, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.