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 Rbo V, Porbandar branch in Porbandar, Porbandar, Gujarat, 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 Porbandar or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code SBIN0015857. 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, Rbo V, Porbandar, Porbandar

Here are the key points that are associated with the IFSC Code SBIN0015857 of State Bank Of India for its branch located in Porbandar, within the district of Porbandar in the state of Gujarat.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0015857
Branch Rbo V, Porbandar
City Porbandar
District Porbandar
State Gujarat
Address 1St Floor, Lalit Mansion, M. G. Road, Porbandar 360 575

These details help users in online banking and for businesses and individuals who use State Bank Of India in Porbandar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0015857 for the Rbo V, Porbandar branch of State Bank Of India has a very 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 Rbo V, Porbandar, Porbandar, Gujarat, are given a unique IFSC like SBIN0015857 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Porbandar.
  • 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 Porbandar and Porbandar.
  • 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 Rbo V, Porbandar goes to the correct branch. This is important because State Bank Of India has thousands of branches in Gujarat and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code SBIN0015857

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 Rbo V, Porbandar in Porbandar.

For example, the IFSC Code SBIN0015857 of State Bank Of India for the Rbo V, Porbandar branch includes these elements, identifying the bank and the branch location in Porbandar and Gujarat accurately.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0015857 of State Bank Of India for its Rbo V, Porbandar branch located in Porbandar, 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 Porbandar and Porbandar, 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 Rbo V, Porbandar or Porbandar to get the exact IFSC Code SBIN0015857.

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 Porbandar that will provide accurate information.

How to Use IFSC Code SBIN0015857 for Online Transfers?

Once you have the IFSC Code SBIN0015857 for the Rbo V, Porbandar branch of State Bank Of India in Porbandar, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0015857. 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 SBIN0015857.

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 Rbo V, Porbandar in Porbandar 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 Rbo V, Porbandar, 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 Porbandar to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India in Rbo V, Porbandar, Porbandar?

The IFSC Code is SBIN0015857.

Is the IFSC Code SBIN0015857 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 Rbo V, Porbandar?

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 Rbo V, Porbandar branch?

The address of the branch is 1St Floor, Lalit Mansion, M. G. Road, Porbandar 360 575 located in Porbandar, Porbandar, Gujarat.

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.

Nearby STATE BANK OF INDIA Branches

Back to Top