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 Tamnar branch in Raigarh, Raigarh, Chattisgarh, 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 Chattisgarh can transfer funds instantly by using the correct IFSC Code SBIN0003741. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for State Bank Of India, Tamnar, Raigarh

The table below shows the main details of the IFSC Code SBIN0003741 for the State Bank Of India branch in Raigarh, which falls under the Raigarh district in Chattisgarh.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0003741
Branch Tamnar
City Raigarh
District Raigarh
State Chattisgarh
Address Distt Raigarh Chhattisgarh 496107

These details are important not only for users using online banking but also for businesses and individuals who use State Bank Of India in Raigarh for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0003741 for the Tamnar branch of State Bank Of India is vital.

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 SBIN0003741 is given to every bank branch, including State Bank Of India located in Tamnar, 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 Raigarh.
  • 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 Tamnar doesn't end up at another location.

Format of the IFSC Code SBIN0003741

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): These represent the bank code. In State Bank Of India, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Tamnar in Raigarh.

For example, the IFSC Code SBIN0003741 of State Bank Of India for the Tamnar branch has these elements, identifying the bank and the branch location in Raigarh and Chattisgarh correctly.

How to Find IFSC Code for State Bank Of India?

If you are looking for the IFSC Code SBIN0003741 of State Bank Of India for its Tamnar branch located in Raigarh, the following methods can help:

Cheque Book

The cheque book that is issued by State Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

Most of the banks, including State Bank Of India branches in Raigarh and Raigarh, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

You can visit the official website of State Bank Of India and look for the branch locator section, then search for Tamnar or Raigarh to get the exact IFSC Code SBIN0003741.

Mobile Banking App

If you use State Bank Of India's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for State Bank Of India and Raigarh, then it will provide you proper information.

How to Use IFSC Code SBIN0003741 for Online Transfers?

Once you have the IFSC Code SBIN0003741 for the Tamnar branch of State Bank Of India in Raigarh, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0003741. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and State Bank Of India IFSC Code SBIN0003741.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for State Bank Of India Tamnar in Raigarh, it can 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 Tamnar, 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.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India Tamnar Raigarh?

The IFSC Code of the Tamnar Raigarh branch is SBIN0003741.

Is IFSC Code SBIN0003741 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 Tamnar branch?

The branch is located at Distt Raigarh Chhattisgarh 496107.

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.

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