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 Khilchipur branch in Rajgarh, Khilchipur, Madhya Pradesh, 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 Rajgarh or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code SBIN0030073. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for State Bank Of India, Khilchipur, Rajgarh
The table below shows the main details of the IFSC Code SBIN0030073 for the State Bank Of India branch in Rajgarh, which falls under the Khilchipur district in Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0030073 |
| Branch | Khilchipur |
| City | Rajgarh |
| District | Khilchipur |
| State | Madhya Pradesh |
| Address | Bus Stand,Khilchipur |
These details help users in online banking and for businesses and individuals who use State Bank Of India in Rajgarh for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0030073 for the Khilchipur branch of State Bank Of India has a very 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 Khilchipur, Rajgarh, Madhya Pradesh, are allotted a unique IFSC like SBIN0030073 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Rajgarh.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Rajgarh and Khilchipur.
- 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 Khilchipur reaches the right place, even though there are thousands of branches in Madhya Pradesh and across India.
Format of the IFSC Code SBIN0030073
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 Khilchipur in Rajgarh.
For example, the IFSC Code SBIN0030073 of State Bank Of India for the Khilchipur branch has these elements, identifying the bank and the branch location in Rajgarh and Madhya Pradesh correctly.
How to Find IFSC Code for State Bank Of India?
If you are trying to find the IFSC Code SBIN0030073 of State Bank Of India for its Khilchipur branch located in Rajgarh, 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
You can easily find the IFSC and MICR codes because most banks, including State Bank Of India branches in Rajgarh and Khilchipur, print them 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 Khilchipur or Rajgarh to get the exact IFSC Code SBIN0030073.
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 Rajgarh, you'll get the correct details.
How to Use IFSC Code SBIN0030073 for Online Transfers?
Once you have the IFSC Code SBIN0030073 for the Khilchipur branch of State Bank Of India in Rajgarh, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0030073. Transfers are processed in batches. This is 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. Requires the recipient's account details and State Bank Of India IFSC Code SBIN0030073.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for State Bank Of India Khilchipur in Rajgarh 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 Khilchipur, 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 Rajgarh to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0030073.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Bus Stand,Khilchipur located in Rajgarh, Khilchipur, Madhya Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.