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 Industrial Estate, Urla,Raipur branch in Raipur, Raipur, Chattisgarh, 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 Raipur or anywhere in Chattisgarh can transfer funds instantly by using the correct IFSC Code SBIN0009532. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for State Bank Of India, Industrial Estate, Urla,Raipur, Raipur
Below in the table are the key details related to IFSC Code SBIN0009532 of State Bank Of India for its branch located in Raipur, within the district of Raipur in the state of Chattisgarh.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0009532 |
| Branch | Industrial Estate, Urla,Raipur |
| City | Raipur |
| District | Raipur |
| State | Chattisgarh |
| Address | Raipurraipur, 493221 , Pin - 493221 |
These details are crucial, not just for online banking users but also for businesses and individuals who use State Bank Of India in Raipur for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0009532 for the Industrial Estate, Urla,Raipur 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 Industrial Estate, Urla,Raipur, Raipur, Chattisgarh, are given a unique IFSC like SBIN0009532 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Raipur.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Raipur and Raipur.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to State Bank Of India in Industrial Estate, Urla,Raipur goes to the correct branch. This is important because State Bank Of India has thousands of branches in Chattisgarh and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code SBIN0009532
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 Industrial Estate, Urla,Raipur in Raipur.
For example, the IFSC Code SBIN0009532 of State Bank Of India for the Industrial Estate, Urla,Raipur branch includes these elements, identifying the bank and the branch location in Raipur and Chattisgarh accurately.
How to Find IFSC Code for State Bank Of India?
To find the IFSC Code SBIN0009532 of State Bank Of India for its Industrial Estate, Urla,Raipur branch located in Raipur, 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 Raipur and Raipur, 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 Industrial Estate, Urla,Raipur or Raipur to find the exact IFSC Code SBIN0009532.
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 Raipur will provide accurate information.
How to Use IFSC Code SBIN0009532 for Online Transfers?
Once you have the IFSC Code SBIN0009532 for the Industrial Estate, Urla,Raipur branch of State Bank Of India in Raipur, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0009532. 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 SBIN0009532.
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 Industrial Estate, Urla,Raipur in Raipur, 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 Industrial Estate, Urla,Raipur, 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 Raipur to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0009532.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Raipurraipur, 493221 , Pin - 493221 located in Raipur, Raipur, Chattisgarh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.