IFSC Code of State Bank Of India, Karpoorigram, Patna, Bihar- SBIN0018420

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 Karpoorigram branch in Patna, Patna, Bihar, 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 Patna or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code SBIN0018420. 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, Karpoorigram, Patna

The table below shows the main details of the IFSC Code SBIN0018420 for the State Bank Of India branch in Patna, which falls under the Patna district in Bihar.

These details are crucial, not just for online banking users but also for businesses and individuals who use State Bank Of India in Patna for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0018420 for the Karpoorigram 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, along with State Bank Of India located in Karpoorigram, Patna, Bihar, are given a unique IFSC like SBIN0018420 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

It helps ensure that any money sent to State Bank Of India in Karpoorigram goes to the correct branch. This is important because State Bank Of India has thousands of branches in Bihar and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code SBIN0018420

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 Karpoorigram in Patna.

For example, the IFSC Code SBIN0018420 of State Bank Of India for the Karpoorigram branch includes these elements, identifying the bank and the branch location in Patna and Bihar correctly.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0018420 of State Bank Of India for its Karpoorigram branch located in Patna, 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 Patna and Patna, 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 Karpoorigram or Patna to get the exact IFSC Code SBIN0018420.

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 Patna that will provide accurate information.

How to Use IFSC Code SBIN0018420 for Online Transfers?

Once you have the IFSC Code SBIN0018420 for the Karpoorigram branch of State Bank Of India in Patna, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0018420. 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 SBIN0018420.

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 Karpoorigram in Patna 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 Karpoorigram, here are some ways to obtain 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.

Having both the IFSC and MICR codes makes it easy for account holders in Patna to handle online money transfers and get their cheques cleared smoothly.