For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of State Bank Of India for its N T P C Unchahar branch in Raebareili, Unchahar, Uttar Pradesh, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of State Bank Of India located in Raebareili or anywhere in Uttar Pradesh can transfer funds instantly by using the correct IFSC Code SBIN0004344. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for State Bank Of India, N T P C Unchahar, Raebareili

The table below shows the main details of the IFSC Code SBIN0004344 for the State Bank Of India branch in Raebareili, which falls under the Unchahar district in Uttar Pradesh.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0004344
Branch N T P C Unchahar
City Raebareili
District Unchahar
State Uttar Pradesh
Address Ntpc, Unchahar Raebareilly, U P Pin 256 012

These details help users in online banking and for businesses and individuals who use State Bank Of India in Raebareili for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0004344 for the N T P C Unchahar 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 that is provided by the Reserve Bank of India. A unique IFSC like SBIN0004344 is given to every bank branch, including State Bank Of India located in N T P C Unchahar, Raebareili, Uttar Pradesh, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the State Bank Of India branch in Raebareili.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any kind of confusion between multiple branches of the same bank across different places like Raebareili and Unchahar.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Uttar Pradesh and the rest of India, which is why the IFSC Code ensures that transactions meant for State Bank Of India in N T P C Unchahar doesn't end up at another location.

Format of the IFSC Code SBIN0004344

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 N T P C Unchahar in Raebareili.

For example, the IFSC Code SBIN0004344 of State Bank Of India for the N T P C Unchahar branch includes these elements, identifying the bank and the branch location in Raebareili and Uttar Pradesh accurately.

How to Find IFSC Code for State Bank Of India?

To find the IFSC Code SBIN0004344 of State Bank Of India for its N T P C Unchahar branch located in Raebareili, 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 Raebareili and Unchahar, 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 N T P C Unchahar or Raebareili to find the exact IFSC Code SBIN0004344.

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 Raebareili will provide accurate information.

How to Use IFSC Code SBIN0004344 for Online Transfers?

Once you have the IFSC Code SBIN0004344 for the N T P C Unchahar branch of State Bank Of India in Raebareili, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0004344. 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 SBIN0004344.

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 N T P C Unchahar in Raebareili may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of State Bank Of India in N T P C Unchahar, here are some of the ways 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.

Knowing both IFSC and MICR code can help account holders in Raebareili manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India N T P C Unchahar Raebareili?

The IFSC Code of the N T P C Unchahar Raebareili branch is SBIN0004344.

Is IFSC Code SBIN0004344 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the State Bank Of India N T P C Unchahar branch?

The branch is located at Ntpc, Unchahar Raebareilly, U P Pin 256 012.

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.