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 Pingla branch in Paschim Medinapur, Pingla, West Bengal, 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 Paschim Medinapur or anywhere in West Bengal can transfer funds instantly by using the correct IFSC Code SBIN0014095. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for State Bank Of India, Pingla, Paschim Medinapur

Here are the main details that are associated with the IFSC Code SBIN0014095 of State Bank Of India for its branch located in Paschim Medinapur, within the district of Pingla in the state of West Bengal.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0014095
Branch Pingla
City Paschim Medinapur
District Pingla
State West Bengal
Address Vill And P.O Pingla,P.S.Pingla,Distt.Paschim Medinipur.West Bengal 721140

These details helps users in online banking and for businesses and individuals who use State Bank Of India in Paschim Medinapur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0014095 for the Pingla 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 SBIN0014095 is given to every bank branch, including State Bank Of India located in Pingla, Paschim Medinapur, West Bengal, 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 Paschim Medinapur.
  • 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 Paschim Medinapur and Pingla.
  • 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 West Bengal and the rest of India, which is why the IFSC Code ensures that transactions meant for State Bank Of India in Pingla doesn't end up at another location.

Format of the IFSC Code SBIN0014095

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 Pingla in Paschim Medinapur.

For example, the IFSC Code SBIN0014095 of State Bank Of India for the Pingla branch includes these elements, identifying the bank and the branch location in Paschim Medinapur and West Bengal accurately.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0014095 of State Bank Of India for its Pingla branch located in Paschim Medinapur, 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 Paschim Medinapur and Pingla, 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 Pingla or Paschim Medinapur to get the exact IFSC Code SBIN0014095.

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 Paschim Medinapur that will provide accurate information.

How to Use IFSC Code SBIN0014095 for Online Transfers?

Once you have the IFSC Code SBIN0014095 for the Pingla branch of State Bank Of India in Paschim Medinapur, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SBIN0014095. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 SBIN0014095.

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 Pingla in Paschim Medinapur, your payment can get delayed or might not go through at all.

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 Pingla, 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 Paschim Medinapur manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India in Pingla, Paschim Medinapur?

The IFSC Code is SBIN0014095.

Is the IFSC Code SBIN0014095 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 Pingla?

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 Pingla branch?

The address of the branch is Vill And P.O Pingla,P.S.Pingla,Distt.Paschim Medinipur.West Bengal 721140 located in Paschim Medinapur, Pingla, West Bengal.

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.