IFSC Code of State Bank Of India, Kharsia, Kharsia, Chattisgarh — SBIN0002864

There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of State Bank Of India for its Kharsia branch in Raigarh, Kharsia, Chattisgarh, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of State Bank Of India situated in Raigarh or anywhere in Chattisgarh can easily transfer funds instantly by using the correct IFSC Code SBIN0002864. You should 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, Kharsia, Raigarh

The table below shows the main details of the IFSC Code SBIN0002864 for the State Bank Of India branch in Raigarh, which falls under the Kharsia district in Chattisgarh.

These details helps 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 SBIN0002864 for the Kharsia branch of State Bank Of India plays a vital 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 SBIN0002864 is given to every bank branch, including State Bank Of India located in Kharsia, Raigarh, Chattisgarh, 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 Raigarh.
• 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 Raigarh and Kharsia.
• 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 Chattisgarh and the rest of India, which is why the IFSC Code ensures that transactions meant for State Bank Of India in Kharsia doesn't end up at another location.

Format of the IFSC Code SBIN0002864

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 Kharsia in Raigarh.

For example, the IFSC Code SBIN0002864 of State Bank Of India for the Kharsia branch includes these elements, identifying the bank and the branch location in Raigarh and Chattisgarh accurately.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0002864 of State Bank Of India for its Kharsia branch located in Raigarh, 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 Raigarh and Kharsia, 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 Kharsia or Raigarh to get the exact IFSC Code SBIN0002864.

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 Raigarh, you'll get the correct details.

How to Use IFSC Code SBIN0002864 for Online Transfers?

Once you have the IFSC Code SBIN0002864 for the Kharsia 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 SBIN0002864. 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 SBIN0002864.

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 Kharsia 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 differ from IFSC codes. If you are looking for the MICR code of State Bank Of India in Kharsia, 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 Raigarh to handle online money transfers and get their cheques cleared smoothly.