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 Gangoli Hat branch in Pitoragarh, Pithoragarh, Uttarakhand, 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 Pitoragarh or anywhere in Uttarakhand can transfer funds instantly by using the correct IFSC Code SBIN0002543. 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, Gangoli Hat, Pitoragarh
Below in the table are the key details related to IFSC Code SBIN0002543 of State Bank Of India for its branch located in Pitoragarh, within the district of Pithoragarh in the state of Uttarakhand.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0002543 |
| Branch | Gangoli Hat |
| City | Pitoragarh |
| District | Pithoragarh |
| State | Uttarakhand |
| Address | Dist Pithorgarh,Uttaranchal 262522 |
These details are crucial, not just for online banking users but also for businesses and individuals who use State Bank Of India in Pitoragarh for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0002543 for the Gangoli Hat 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including State Bank Of India located in Gangoli Hat, Pitoragarh, Uttarakhand, is provided a unique IFSC like SBIN0002543 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 Pitoragarh.
- 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 Pitoragarh and Pithoragarh.
- 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 Uttarakhand and the rest of India, the IFSC Code ensures that transactions meant for State Bank Of India in Gangoli Hat do not get misguided to another person.
Format of the IFSC Code SBIN0002543
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 Gangoli Hat in Pitoragarh.
For example, the IFSC Code SBIN0002543 of State Bank Of India for the Gangoli Hat branch includes these elements, identifying the bank and the branch location in Pitoragarh and Uttarakhand correctly.
How to Find IFSC Code for State Bank Of India?
If you are looking for the IFSC Code SBIN0002543 of State Bank Of India for its Gangoli Hat branch located in Pitoragarh, 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 Pitoragarh and Pithoragarh, 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 Gangoli Hat or Pitoragarh to get the exact IFSC Code SBIN0002543.
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 Pitoragarh, then it will provide you proper information.
How to Use IFSC Code SBIN0002543 for Online Transfers?
Once you have the IFSC Code SBIN0002543 for the Gangoli Hat branch of State Bank Of India in Pitoragarh, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0002543. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and State Bank Of India IFSC Code SBIN0002543.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for State Bank Of India Gangoli Hat in Pitoragarh, it can 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 Gangoli Hat, 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 Pitoragarh to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0002543.
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 Dist Pithorgarh,Uttaranchal 262522 located in Pitoragarh, Pithoragarh, Uttarakhand.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.