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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of State Bank Of India for its Jalalpur branch in Patiala, Jalalpur, Punjab, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of State Bank Of India located in Patiala or anywhere in Punjab can transfer funds instantly by using the correct IFSC Code SBIN0051241. 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, Jalalpur, Patiala
The table below shows the main details of the IFSC Code SBIN0051241 for the State Bank Of India branch in Patiala, which falls under the Jalalpur district in Punjab.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0051241 |
| Branch | Jalalpur |
| City | Patiala |
| District | Jalalpur |
| State | Punjab |
| Address | Jalalpurpost Officebahadurgarhtehsil Dist Patiala |
These details helps users in online banking and for businesses and individuals who use State Bank Of India in Patiala for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0051241 for the Jalalpur 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including State Bank Of India located in Jalalpur, Patiala, Punjab, is provided a unique IFSC like SBIN0051241 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the State Bank Of India branch in Patiala.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Patiala and Jalalpur.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Punjab and the rest of India, the IFSC Code ensures that transactions meant for State Bank Of India in Jalalpur do not get misguided to another person.
Format of the IFSC Code SBIN0051241
The format of the IFSC Code for banks, including State Bank Of India, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For State Bank Of India, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Jalalpur in Patiala.
For example, the IFSC Code SBIN0051241 of State Bank Of India for the Jalalpur branch includes these elements, identifying the bank and the branch location in Patiala and Punjab accurately.
How to Find IFSC Code for State Bank Of India?
If you are looking for the IFSC Code SBIN0051241 of State Bank Of India for its Jalalpur branch located in Patiala, the following methods can help:
Cheque Book
The cheque book that is issued by State Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including State Bank Of India branches in Patiala and Jalalpur, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of State Bank Of India and look for the branch locator section, then search for Jalalpur or Patiala to get the exact IFSC Code SBIN0051241.
Mobile Banking App
If you use State Bank Of India's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for State Bank Of India and Patiala, then it will provide you proper information.
How to Use IFSC Code SBIN0051241 for Online Transfers?
Once you have the IFSC Code SBIN0051241 for the Jalalpur branch of State Bank Of India in Patiala, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SBIN0051241. 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 SBIN0051241.
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 Jalalpur in Patiala, your payment can get delayed or might not go through at all.
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 Jalalpur, 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 Patiala manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0051241.
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 Jalalpurpost Officebahadurgarhtehsil Dist Patiala located in Patiala, Jalalpur, Punjab.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.