The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of State Bank Of India for its Goshala Para, Rajnandgaon branch in Rajnand Gaon, Rajnand Gaon, Chattisgarh, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of State Bank Of India located in Rajnand Gaon or anywhere in Chattisgarh can transfer funds instantly by using the correct IFSC Code SBIN0030400. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for State Bank Of India, Goshala Para, Rajnandgaon, Rajnand Gaon

Here are the main details that are associated with the IFSC Code SBIN0030400 of State Bank Of India for its branch located in Rajnand Gaon, within the district of Rajnand Gaon in the state of Chattisgarh.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0030400
Branch Goshala Para, Rajnandgaon
City Rajnand Gaon
District Rajnand Gaon
State Chattisgarh
Address Gaushala Para,Pinjrapol

These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in Rajnand Gaon for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0030400 for the Goshala Para, Rajnandgaon 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 Goshala Para, Rajnandgaon, Rajnand Gaon, Chattisgarh, are allotted a unique IFSC like SBIN0030400 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Rajnand Gaon.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Rajnand Gaon and Rajnand Gaon.
  • 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 Goshala Para, Rajnandgaon reaches the right place, even though there are thousands of branches in Chattisgarh and across India.

Format of the IFSC Code SBIN0030400

The format of the IFSC Code for banks, including State Bank Of India, has 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 Goshala Para, Rajnandgaon in Rajnand Gaon.

For example, the IFSC Code SBIN0030400 of State Bank Of India for the Goshala Para, Rajnandgaon branch includes these elements, identifying the bank and the branch location in Rajnand Gaon and Chattisgarh correctly.

How to Find IFSC Code for State Bank Of India?

To find the IFSC Code SBIN0030400 of State Bank Of India for its Goshala Para, Rajnandgaon branch located in Rajnand Gaon, 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 Rajnand Gaon and Rajnand Gaon, 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 Goshala Para, Rajnandgaon or Rajnand Gaon to find the exact IFSC Code SBIN0030400.

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 Rajnand Gaon will provide accurate information.

How to Use IFSC Code SBIN0030400 for Online Transfers?

Once you have the IFSC Code SBIN0030400 for the Goshala Para, Rajnandgaon branch of State Bank Of India in Rajnand Gaon, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0030400. 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 SBIN0030400.

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 Goshala Para, Rajnandgaon in Rajnand Gaon, it can result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of State Bank Of India in Goshala Para, Rajnandgaon, you can find it by any of the following ways:

  • Check the bottom of your cheque leaf.
  • Go to the first page of your passbook.
  • Visit the official State Bank Of India website.
  • Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Rajnand Gaon manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India in Goshala Para, Rajnandgaon, Rajnand Gaon?

The IFSC Code is SBIN0030400.

Is the IFSC Code SBIN0030400 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of State Bank Of India Goshala Para, Rajnandgaon?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Goshala Para, Rajnandgaon branch?

The address of the branch is Gaushala Para,Pinjrapol located in Rajnand Gaon, Rajnand Gaon, Chattisgarh.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.