IFSC Code of State Bank Of India, Model Town, Patiala, Patiala, Punjab- SBIN0007273

There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of State Bank Of India for its Model Town, Patiala branch in Patiala, Patiala, Punjab, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of State Bank Of India situated in Patiala or anywhere in Punjab can easily transfer funds instantly by using the correct IFSC Code SBIN0007273. You should 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, Model Town, Patiala, Patiala

Below in the table are the key details related to IFSC Code SBIN0007273 of State Bank Of India for its branch located in Patiala, within the district of Patiala in the state of Punjab.

These details are important not only for users using online banking but also for businesses and individuals who use State Bank Of India in Patiala for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0007273 for the Model Town, Patiala 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, along with State Bank Of India located in Model Town, Patiala, Patiala, Punjab, are allotted a unique IFSC like SBIN0007273 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Patiala.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It prevents confusion between different branches of the same bank in places like Patiala and Patiala.
• It reduces errors in fund transfers and improves accuracy.
• It helps the sender banks to validate and confirm branch details before processing payments.

It makes sure that money sent to State Bank Of India in Model Town, Patiala reaches the right place, even though there are thousands of branches in Punjab and across India.

Format of the IFSC Code SBIN0007273

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 Model Town, Patiala in Patiala.

For example, the IFSC Code SBIN0007273 of State Bank Of India for the Model Town, Patiala 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?

To find the IFSC Code SBIN0007273 of State Bank Of India for its Model Town, Patiala branch located in Patiala, 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 Patiala and Patiala, 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 Model Town, Patiala or Patiala to find the exact IFSC Code SBIN0007273.

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 Patiala will provide accurate information.

How to Use IFSC Code SBIN0007273 for Online Transfers?

Once you have the IFSC Code SBIN0007273 for the Model Town, Patiala branch of State Bank Of India in Patiala, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0007273. 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 SBIN0007273.

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 Model Town, Patiala in Patiala 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 Model Town, Patiala, 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 Patiala manage online transfers as well as cheque clearances with ease.