IFSC Code of State Bank Of India, Mantralaya,Raipur, Raipur, Chandigarh- SBIN0004286

Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of State Bank Of India for its Mantralaya,Raipur branch in Raipur, Raipur, or Chandigarh, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of State Bank Of India located in Raipur or anywhere in Chandigarh can transfer funds instantly by using the correct IFSC Code SBIN0004286. You should definitely 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, Mantralaya,Raipur, Raipur

Here are the main details that are associated with the IFSC Code SBIN0004286 of State Bank Of India for its branch located in Raipur, within the district of Raipur in the state of Chandigarh.

These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in Raipur for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0004286 for the Mantralaya,Raipur branch of State Bank Of India plays 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 Mantralaya,Raipur, Raipur, Chandigarh, are allotted a unique IFSC like SBIN0004286 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 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 makes sure that money sent to State Bank Of India in Mantralaya,Raipur reaches the right place, even though there are thousands of branches in Chandigarh and across India.

Format of the IFSC Code SBIN0004286

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): 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 Mantralaya,Raipur in Raipur.

For example, the IFSC Code SBIN0004286 of State Bank Of India for the Mantralaya,Raipur branch includes these elements, identifying the bank and the branch location in Raipur and Chandigarh accurately.

How to Find IFSC Code for State Bank Of India?

If you are looking for the IFSC Code SBIN0004286 of State Bank Of India for its Mantralaya,Raipur branch located in Raipur, 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 Raipur and Raipur, 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 Mantralaya,Raipur or Raipur to get the exact IFSC Code SBIN0004286.

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 Raipur, then it will provide you proper information.

How to Use IFSC Code SBIN0004286 for Online Transfers?

If you have the IFSC Code SBIN0004286 for the Mantralaya,Raipur branch of State Bank Of India in Raipur, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0004286. Transfers are processed in batches. 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. Asks for the recipient's account details and State Bank Of India IFSC Code SBIN0004286.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for State Bank Of India Mantralaya,Raipur in Raipur, it may 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 Mantralaya,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.