IFSC Code of State Bank Of India, Hospital Road Kharsiya, Kharsiya, Madhya Pradesh — SBIN0061113

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 Hospital Road Kharsiya branch in Raigarh, Kharsiya, Madhya Pradesh, 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 Raigarh or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code SBIN0061113. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for State Bank Of India, Hospital Road Kharsiya, Raigarh

Below in the table are the key details related to IFSC Code SBIN0061113 of State Bank Of India for its branch located in Raigarh, within the district of Kharsiya in the state of Madhya Pradesh.

These details help users in online banking and for businesses and individuals who use State Bank Of India in Raigarh for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0061113 for the Hospital Road Kharsiya 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including State Bank Of India located in Hospital Road Kharsiya, Raigarh, Madhya Pradesh, is provided a unique IFSC like SBIN0061113 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 Raigarh.
• 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 Raigarh and Kharsiya.
• 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 Madhya Pradesh and the rest of India, the IFSC Code ensures that transactions meant for State Bank Of India in Hospital Road Kharsiya do not get misguided to another person.

Format of the IFSC Code SBIN0061113

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 Hospital Road Kharsiya in Raigarh.

For example, the IFSC Code SBIN0061113 of State Bank Of India for the Hospital Road Kharsiya branch includes these elements, identifying the bank and the branch location in Raigarh and Madhya Pradesh correctly.

How to Find IFSC Code for State Bank Of India?

To find the IFSC Code SBIN0061113 of State Bank Of India for its Hospital Road Kharsiya branch located in Raigarh, 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 Raigarh and Kharsiya, 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 Hospital Road Kharsiya or Raigarh to find the exact IFSC Code SBIN0061113.

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 Raigarh will provide accurate information.

How to Use IFSC Code SBIN0061113 for Online Transfers?

Once you have the IFSC Code SBIN0061113 for the Hospital Road Kharsiya branch of State Bank Of India in Raigarh, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SBIN0061113. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 SBIN0061113.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the State Bank Of India Hospital Road Kharsiya in Raigarh, your payment can get delayed or might not go through at all.

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 Hospital Road Kharsiya, 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 Raigarh manage their online transfers and cheque clearances easily.