The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of State Bank Of India for its Mogalia Purandaha branch in Purnea, Mogalia Purandaha, Bihar, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of State Bank Of India located in Purnea or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code SBIN0016666. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for State Bank Of India, Mogalia Purandaha, Purnea
The table below shows the main details of the IFSC Code SBIN0016666 for the State Bank Of India branch in Purnea, which falls under the Mogalia Purandaha district in Bihar.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0016666 |
| Branch | Mogalia Purandaha |
| City | Purnea |
| District | Mogalia Purandaha |
| State | Bihar |
| Address | At Po Mogalia Purandaha, Distt.Purnea. Bihar 854202 |
These details are crucial, not just for online banking users but also for businesses and individuals who use State Bank Of India in Purnea for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0016666 for the Mogalia Purandaha 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 Mogalia Purandaha, Purnea, Bihar, are allotted a unique IFSC like SBIN0016666 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Purnea.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Purnea and Mogalia Purandaha.
- 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 Mogalia Purandaha reaches the right place, even though there are thousands of branches in Bihar and across India.
Format of the IFSC Code SBIN0016666
The format of the IFSC Code for banks, including State Bank Of India, follows 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 Mogalia Purandaha in Purnea.
For example, the IFSC Code SBIN0016666 of State Bank Of India for the Mogalia Purandaha branch includes these elements, identifying the bank and the branch location in Purnea and Bihar accurately.
How to Find IFSC Code for State Bank Of India?
If you are trying to find the IFSC Code SBIN0016666 of State Bank Of India for its Mogalia Purandaha branch located in Purnea, the following methods can help:
Cheque Book
The cheque book issued by State Bank Of India includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
Most banks, including State Bank Of India branches in Purnea and Mogalia Purandaha, print the IFSC and MICR codes on the first page of your passbook.
Bank Website
Visit the official website of State Bank Of India and navigate to the branch locator section. Search for Mogalia Purandaha or Purnea to get the exact IFSC Code SBIN0016666.
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 keeps an updated list of all IFSC codes. If you search for State Bank Of India and Purnea, you'll get the correct details.
How to Use IFSC Code SBIN0016666 for Online Transfers?
If you have the IFSC Code SBIN0016666 for the Mogalia Purandaha branch of State Bank Of India in Purnea, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0016666. Transfers are processed in batches. 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. Asks for the recipient's account details and State Bank Of India IFSC Code SBIN0016666.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for State Bank Of India Mogalia Purandaha in Purnea, it may result in delayed or failed transactions.
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 Mogalia Purandaha, 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 Purnea manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0016666.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is At Po Mogalia Purandaha, Distt.Purnea. Bihar 854202 located in Purnea, Mogalia Purandaha, Bihar.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.