IFSC Code of State Bank Of India, Kishoreganj, Ranchi, Jharkhand — SBIN0016001

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 Kishoreganj branch in Ranchi, Ranchi, Jharkhand, 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 Ranchi or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code SBIN0016001. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for State Bank Of India, Kishoreganj, Ranchi

Here are the key points that are associated with the IFSC Code SBIN0016001 of State Bank Of India for its branch located in Ranchi, within the district of Ranchi in the state of Jharkhand.

These details are important not only for users using online banking but also for businesses and individuals who use State Bank Of India in Ranchi for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0016001 for the Kishoreganj branch of State Bank Of India is vital.

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 Kishoreganj, Ranchi, Jharkhand, are allotted a unique IFSC like SBIN0016001 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

Format of the IFSC Code SBIN0016001

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 Kishoreganj in Ranchi.

For example, the IFSC Code SBIN0016001 of State Bank Of India for the Kishoreganj branch includes these elements, identifying the bank and the branch location in Ranchi and Jharkhand correctly.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0016001 of State Bank Of India for its Kishoreganj branch located in Ranchi, 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 Ranchi and Ranchi, 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 Kishoreganj or Ranchi to get the exact IFSC Code SBIN0016001.

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 Ranchi that will provide accurate information.

How to Use IFSC Code SBIN0016001 for Online Transfers?

Once you have the IFSC Code SBIN0016001 for the Kishoreganj branch of State Bank Of India in Ranchi, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0016001. 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 SBIN0016001.

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 Kishoreganj in Ranchi may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of State Bank Of India in Kishoreganj, here are some of the ways 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.

Knowing both IFSC and MICR code can help account holders in Ranchi manage their online transfers and cheque clearances easily.