IFSC Code of State Bank Of India, Ram Nagar Kota, Ram Nagar Kota Raipur, Chhattisgarh — SBIN0064559

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 Ram Nagar Kota branch in Raipur, Ram Nagar Kota Raipur, Chhattisgarh, 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 Chhattisgarh can transfer funds instantly by using the correct IFSC Code SBIN0064559. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for State Bank Of India, Ram Nagar Kota, Raipur

Here are some of the key details that come with the IFSC Code SBIN0064559 of State Bank Of India for its branch located in Raipur, within the district of Ram Nagar Kota Raipur in the state of Chhattisgarh.

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 SBIN0064559 for the Ram Nagar Kota 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, including State Bank Of India located in Ram Nagar Kota, Raipur, Chhattisgarh, is provided with a unique IFSC like SBIN0064559 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It uniquely identifies the State Bank Of India branch in Raipur.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It avoids any errors or confusions between multiple branches of the same bank across different places like Raipur and Ram Nagar Kota Raipur.
• It reduces errors in fund transfers and improves accuracy.
• It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Chhattisgarh and the rest of India and the IFSC Code ensures that transactions meant for State Bank Of India in Ram Nagar Kota do not get mixed with another location.

Format of the IFSC Code SBIN0064559

The format of the IFSC Code for banks, including State Bank Of India, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown of this:

• First 4 characters (AAAA): Represent the bank code. For State Bank Of India, these characters are the bank's short identifier.
• 5th character (0): Always zero which is reserved for future use.
• Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Ram Nagar Kota in Raipur.

For example, the IFSC Code SBIN0064559 of State Bank Of India for the Ram Nagar Kota branch includes these elements, identifying the bank and the branch location in Raipur and Chhattisgarh accurately.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0064559 of State Bank Of India for its Ram Nagar Kota branch located in Raipur, the following methods can help:

Cheque Book

The cheque books that are issued by State Bank Of India include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including State Bank Of India branches in Raipur and Ram Nagar Kota 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 find the branch locator section. Search for Ram Nagar Kota or Raipur to get the exact IFSC Code SBIN0064559.

Mobile Banking App

If you use State Bank Of India's mobile app, you can easily 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 to help you in searching for State Bank Of India and Raipur that will provide accurate information.

How to Use IFSC Code SBIN0064559 for Online Transfers?

Once you have the IFSC Code SBIN0064559 for the Ram Nagar Kota branch of State Bank Of India in Raipur, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SBIN0064559. 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 SBIN0064559.

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 Ram Nagar Kota in Raipur, 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 Ram Nagar Kota, here are some ways that 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.

If you know both IFSC and MICR codes, then it can help account holders in Raipur manage online transfers as well as cheque clearances with ease.