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 Old A.B.Road,Biaora branch in Rajgarh, Biaora, or Madhya Pradesh, 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 Rajgarh or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code SBIN0030155. 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, Old A.B.Road,Biaora, Rajgarh
Here are some of the key details that come with the IFSC Code SBIN0030155 of State Bank Of India for its branch located in Rajgarh, within the district of Biaora in the state of Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0030155 |
| Branch | Old A.B.Road,Biaora |
| City | Rajgarh |
| District | Biaora |
| State | Madhya Pradesh |
| Address | A.B.Road |
These details helps 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 SBIN0030155 for the Old A.B.Road,Biaora branch of State Bank Of India plays a vital 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 Old A.B.Road,Biaora, Rajgarh, Madhya Pradesh, are allotted a unique IFSC like SBIN0030155 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 Biaora.
- 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 Old A.B.Road,Biaora reaches the right place, even though there are thousands of branches in Madhya Pradesh and across India.
Format of the IFSC Code SBIN0030155
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 Old A.B.Road,Biaora in Rajgarh.
For example, the IFSC Code SBIN0030155 of State Bank Of India for the Old A.B.Road,Biaora 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 SBIN0030155 of State Bank Of India for its Old A.B.Road,Biaora branch located in Rajgarh, 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 Rajgarh and Biaora, 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 Old A.B.Road,Biaora or Rajgarh to get the exact IFSC Code SBIN0030155.
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 Rajgarh that will provide accurate information.
How to Use IFSC Code SBIN0030155 for Online Transfers?
Once you have the IFSC Code SBIN0030155 for the Old A.B.Road,Biaora branch of State Bank Of India in Rajgarh, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SBIN0030155. 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 SBIN0030155.
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 Old A.B.Road,Biaora in Rajgarh, 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 Old A.B.Road,Biaora, 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 Rajgarh manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Old A.B.Road,Biaora Rajgarh branch is SBIN0030155.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at A.B.Road.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.