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 ┬Ákeshiapada branch in Paschim Medinipur, Keshiapada, or West Bengal, 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 Paschim Medinipur or anywhere in West Bengal can transfer funds instantly by using the correct IFSC Code SBIN0008329. 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, ┬Ákeshiapada, Paschim Medinipur

Below in the table are the key details related to IFSC Code SBIN0008329 of State Bank Of India for its branch located in Paschim Medinipur, within the district of Keshiapada in the state of West Bengal.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0008329
Branch ┬Ákeshiapada
City Paschim Medinipur
District Keshiapada
State West Bengal
Address Dist.Paschim.Medinipurstate.West.Bengalpin.721135.

These details are important not only for users using online banking but also for businesses and individuals who use State Bank Of India in Paschim Medinipur for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0008329 for the ┬Ákeshiapada branch of State Bank Of India is vital.

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 ┬Ákeshiapada, Paschim Medinipur, West Bengal, is provided with a unique IFSC like SBIN0008329 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 Paschim Medinipur.
  • 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 Paschim Medinipur and Keshiapada.
  • 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 West Bengal and the rest of India and the IFSC Code ensures that transactions meant for State Bank Of India in ┬Ákeshiapada do not get mixed with another location.

Format of the IFSC Code SBIN0008329

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): These represent the bank code. In State Bank Of India, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like ┬Ákeshiapada in Paschim Medinipur.

For example, the IFSC Code SBIN0008329 of State Bank Of India for the ┬Ákeshiapada branch has these elements, identifying the bank and the branch location in Paschim Medinipur and West Bengal correctly.

How to Find IFSC Code for State Bank Of India?

To find the IFSC Code SBIN0008329 of State Bank Of India for its ┬Ákeshiapada branch located in Paschim Medinipur, 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 Paschim Medinipur and Keshiapada, 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 ┬Ákeshiapada or Paschim Medinipur to find the exact IFSC Code SBIN0008329.

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 Paschim Medinipur will provide accurate information.

How to Use IFSC Code SBIN0008329 for Online Transfers?

Once you have the IFSC Code SBIN0008329 for the ┬Ákeshiapada branch of State Bank Of India in Paschim Medinipur, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0008329. Transfers are processed in batches. This is 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. Requires the recipient's account details and State Bank Of India IFSC Code SBIN0008329.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for State Bank Of India ┬Ákeshiapada in Paschim Medinipur may 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 ┬Ákeshiapada, 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 Paschim Medinipur manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India in ┬Ákeshiapada, Paschim Medinipur?

The IFSC Code is SBIN0008329.

Is the IFSC Code SBIN0008329 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 ┬Ákeshiapada?

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 ┬Ákeshiapada branch?

The address of the branch is Dist.Paschim.Medinipurstate.West.Bengalpin.721135. located in Paschim Medinipur, Keshiapada, 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.