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 Sahaspur Dalli branch in Rajnandgaon, Khairagarh, 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 Rajnandgaon or anywhere in Chhattisgarh can transfer funds instantly by using the correct IFSC Code SBIN0018629. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for State Bank Of India, Sahaspur Dalli, Rajnandgaon
Here are the key points that are associated with the IFSC Code SBIN0018629 of State Bank Of India for its branch located in Rajnandgaon, within the district of Khairagarh in the state of Chhattisgarh.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0018629 |
| Branch | Sahaspur Dalli |
| City | Rajnandgaon |
| District | Khairagarh |
| State | Chhattisgarh |
| Address | Saloni, Tehsil-Khairagarh, Dist.Rajnandgaon,Chattisgarh-491444 |
These details are important not only for users using online banking but also for businesses and individuals who use State Bank Of India in Rajnandgaon for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0018629 for the Sahaspur Dalli branch of State Bank Of India is vital.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including State Bank Of India located in Sahaspur Dalli, Rajnandgaon, Chhattisgarh, is provided a unique IFSC like SBIN0018629 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the State Bank Of India branch in Rajnandgaon.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Rajnandgaon and Khairagarh.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Chhattisgarh and the rest of India, the IFSC Code ensures that transactions meant for State Bank Of India in Sahaspur Dalli do not get misguided to another person.
Format of the IFSC Code SBIN0018629
This is the format of the IFSC Code for banks, including State Bank Of India, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For State Bank Of India, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Sahaspur Dalli in Rajnandgaon.
For example, the IFSC Code SBIN0018629 of State Bank Of India for the Sahaspur Dalli branch includes these elements, identifying the bank and the branch location in Rajnandgaon and Chhattisgarh accurately.
How to Find IFSC Code for State Bank Of India?
If you are trying to find the IFSC Code SBIN0018629 of State Bank Of India for its Sahaspur Dalli branch located in Rajnandgaon, 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 Rajnandgaon and Khairagarh, 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 Sahaspur Dalli or Rajnandgaon to get the exact IFSC Code SBIN0018629.
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 Rajnandgaon that will provide accurate information.
How to Use IFSC Code SBIN0018629 for Online Transfers?
Once you have the IFSC Code SBIN0018629 for the Sahaspur Dalli branch of State Bank Of India in Rajnandgaon, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0018629. 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 SBIN0018629.
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 Sahaspur Dalli in Rajnandgaon, it can 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 Sahaspur Dalli, 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 Rajnandgaon to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0018629.
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 Saloni, Tehsil-Khairagarh, Dist.Rajnandgaon,Chattisgarh-491444 located in Rajnandgaon, Khairagarh, Chhattisgarh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.